Crypto Scenario Insights
What happened
Ripple developers are creating a long-term upgrade plan for the XRP Ledger to defend against the potential future threat posed by quantum computers, according to a report by CoinDesk.
If it goes well
If Ripple's quantum-resistance plan unfolds favorably, the XRP Ledger would transition to a state of enhanced future security.
If it goes badly
A negative trajectory for Ripple's quantum upgrade plan could manifest in several ways. The primary risk is that the development of effective and efficient quantum-resistant cryptography proves more challenging than anti…
What we think
Ripple's announcement of a four-stage plan to address the quantum computing threat to the XRP Ledger is a prudent, long-term strategic move.
Read the analysis
Ripple Plans Multi-Year Upgrade for XRP Ledger Against Quantum Computing Threat
We explain what happened and what could follow. We do not forecast prices.