Naoris Protocol has officially announced the launch of its post-quantum Layer 1 blockchain mainnet. The protocol has been developed with the objective of providing a foundational platform for securing digital infrastructure in the face of quantum computing-related risks. Currently, the Naoris Protocol is operating in an invite-only environment with validators and partners joining the ecosystem.
The announcement comes at a time when there is an urgent need to address the risks associated with quantum computing. Industry experts have indicated that there is a high likelihood of cryptographically capable quantum computers emerging in the next ten years. As a result, many encryption standards currently used for securing data will become obsolete. Moreover, “harvest now, decrypt later” attacks have started emerging as a concern for many organizations. The attacks occur when data is collected for decryption at a later date.
The National Institute of Standards and Technology (NIST) has also announced its standards for post-quantum cryptographic algorithms in 2024. Governments across the world are urging the adoption of quantum computing standards for their operations. Governments have even introduced mandates for the adoption of quantum computing standards for their operations.
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Naoris Mainnet marks the transition from experimental environments to live deployment. The early users will be able to make post-quantum-secured transactions, run validator nodes, and utilize the network’s basic infrastructure. Further, users will be granted wider access in subsequent phases of rollout, which will include developer tools and SDKs.
Unlike other blockchains, which use classical cryptography and are then retrofitted to be quantum-resistant, Naoris was built from scratch to be secure in a post-quantum world. It uses NIST-approved cryptography standards to protect all levels of the network, from transactions and smart contracts to consensus protocols, via a decentralized Proof-of-Security model. Additionally, Naoris will be compatible with existing Ethereum Virtual Machine (EVM) development tools.
The mainnet is backed by extensive testing. During this testnet period, the network handled more than 106 million post-quantum transactions, identified over 600 million threats, and enabled more than one million security nodes worldwide.
Now that the Naoris mainnet is live, the organization is getting ready to deploy more products targeting enterprises, developers, and users in general. Naoris is looking to become a key component in securing future digital assets, systems, and communications with advancements in quantum computing technology.