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MULTIVERSX UNLOCKS POST-QUANTUM SECURITY FOUNDATIONS Security must evolve before the threats become reality. We’ve put together an interactive experience exploring the significance of these milestones, the critical security advances underway, and what they mean for the future of MultiversX. multiversx.com/quantum-proof

JUST IN. MULTIVERSX UNLOCKS POST-QUANTUM SECURITY FOUNDATIONS Security is entering a fundamentally new era. I've written about the accelerating threat landscape, and why formal methods are approaching a golden age. Mathematical guarantees are becoming necessities, not luxuries. Quantum computing adds another existential dimension to this reality. The stakes are extraordinary. Cryptography underpins trillions in financial transactions, the digital identities of billions, and the critical infrastructure on which modern civilization depends. Banks. Governments. Financial markets. Global communication networks. Virtually every institution on earth rests its security guarantees on this single safety-critical layer. If this breaks, everything built on it breaks with it. And the threshold for breaking these guarantees is falling faster than expected. Consider that in March, Google Quantum AI published a striking finding: the estimated quantum computing resources required to break 256-bit elliptic-curve cryptography had fallen by roughly 20-fold. From millions of physical qubits to fewer than 500,000, with attacks potentially executable in minutes on sufficiently advanced machines. A non-trivial shift in the engineering assumptions underlying digital security. And one that doesn't account for future breakthroughs in mathematics, algorithms, or hardware. The implication is substiatial. The window to prepare may be shorter than the time required to make the transition. This is why the transition cannot begin when the threat arrives. It must begin years before. Today, MultiversX takes an important step toward that future, laying the cryptographic foundations for accounts to migrate toward post-quantum security. A deliberate engineering path to close the gap between the security the world relies on today, and the security it will need tomorrow. All this must be engineered today. With urgency and intention.

Hello, Finance Computer!

A few quick notes (1) Network. Supernova is live, running with remarkable speed and precision. (2) Exchanges. Over the next 5–10 days, global exchanges and other independent partners will begin reopening deposits and withdrawals. The rollout is gradual by design. Each exchange follows its own rigorous internal process, built to protect users and keep the recovery smooth. (3) Security report. An in-depth security analysis is still underway. Several critical elements are already mapped and understood, from the bugs and their fixes to the technical implications and the path to recovery. A few discussions with independent parties remain open. The findings are preliminary, but one stands out above the rest. The tools, methods, preparation, and coordination behind this attack appear to go well beyond those typically associated with amateur attackers. The observed sophistication bears the hallmarks of advanced, experienced, repeated threat actors, including groups operating at the level historically associated with hacker organizations such as Lazarus. Attribution is not yet confirmed, but it is worth stating this out loud: to have successfully defended our users against Lazarus, or another group of that caliber, is a milestone we are proud of! Huge respect to all independent partners, including global exchanges, who have mobilized with extraordinary speed for the greater good of protecting users and the network! (4) Lessons. More importantly, the larger lesson goes beyond this incident. As an industry, we have entered an era of permanent, constant, unending war. Open-source financial infrastructure operates on a global battlefield, continuously exposed to increasingly sophisticated attackers, tools, and methods. Under these conditions, the traditional definition of security is no longer sufficient. Three capabilities are becoming non-negotiable: (a) a relentless defensive and offensive security tooling arms race; (b) continuous, 24/7 red-teaming and penetration testing; (c) blitz-speed detection, coordination, and response. We have been intensifying precisely these capabilities over the past 3–6 months. What happened over the last few days is one visible incident among several potential threats that have been identified, contained, or neutralized through increasingly proactive security work. This reality is not unique to MultiversX. Every major open-source stack, every blockchain (bitcoin and ethereum not excluded), and soon, every closed source software stack, will increasingly have to adapt to an environment where infrastructure is continuously and deeply probed, attacked, and tested. That requires a much more rugged approach to code. A more adversarial approach to architecture design. And ultimately, a fundamental rethinking of how safety-critical software is built and defended. The three measures above are critical today. But over time, we will need to go much further and rethink security from the ground up for the new world we are actually operating in. Verifiably correct-by-construction software is about to have its moment and become fashionable very quickly. Reality has a way of accelerating standards. Not so much by preference, but by necessity.