MicroCloud Hologram plans to invest $400 million to develop quantum-resistant protocols to defend against quantum computing attacks.

ME News message, April 6 (UTC+8), Nasdaq-listed company MicroCloud Hologram plans to invest $400 million and develop a post-quantum protocol based on a multi-layer hybrid cryptographic architecture. The protocol will, on top of the existing Bitcoin transaction structure, introduce a parallel verification mechanism for post-quantum signature algorithms, running in parallel with traditional signature algorithms. Under this framework, users can choose to use both ECDSA and a post-quantum signature algorithm for dual signatures. (Source: Foresight News)

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