Crypto News

Solana Co-founder Says Ethereum L2s Warns Prone To Quantum Risk

Published by

Solana Labs co-founder Anatoly Yakovenko has added a new twist into the discussion of quantum risks in the blockchain domain. He offered an unambiguous warning concerning the Ethereum scaling ecosystem.

Anatoly Yakovenko Warns Ethereum L2s Face Quantum Threats

On May 2, 2026, Solana’s Yakovenko wrote, “Ethereum L2s are not quantum safe, abandon all hope.” Also, the statement comes at a critical point as Bitcoin faces quantum risks too. Moreover, his comments came in reaction to a developer update that showed that Solana was making progress in post-quantum cryptography.

The update demonstrated work on integration with Falcon-512 signature verification which is a scheme that is resistant to future attacks by quantum computers. Internal activities among Solana clients, such as Anza and Firedancer, show that the network is heading towards deploying these protections to production.

The criticism focuses on the fact that Ethereum Layer 2 networks are still dependent on cryptographic systems that can be broken by a quantum breakthrough. The user wallets of most L2 systems continue to rely on the Elliptic Curve Digital Signature Algorithm (ECDSA), with the popular secp256k1 curve.

After the broadcasting of transactions, related public keys can be seen on-chain. These could face exploit risks in the long-term in case of the launch of quantum decryption tools.

This has created a “harvest now, decrypt later” situation, as the Solana co-founder warned. In such a scenario, attackers might store the data about transactions today and use them in the future with quantum machines using the Shor algorithm. Such a type of development has the potential to enable enemies to reassemble private keys to unauthorizedly access funds.

In addition to security of wallets, some of the zero-knowledge systems employed in rollups can also have theoretical threats. Such technologies as Groth16 and Plonk, typical of zkEVM designs, are based on elliptic-curve pairings. It might be undermined in sufficiently advanced quantum settings. Arbitrum, Optimism, Base, and zkSync networks are some that utilize these frameworks.

Solana & Cardano Work Towards Quantum Proof Mechanism

In the meantime, Solana has a roadmap of progressive introduction of Falcon-based security. Here, new accounts are likely to implement the system initially. Migration paths of existing wallets are being developed, and there is no urgent need to disrupt network upgrades.

In other parts of the industry, things are different. Ethereum developers are aiming to hit quantum-resistance targets later this decade. Moreover, other projects such as Algorand and Cardano are pursuing different research directions.

Ripple has also vowed to make XRP quantum proof by 2028. Bitcoin, in its turn, is still at an earlier discovery phase when it comes to post-quantum preparedness.

Share
Coingapestaff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Published by

Recent Posts

  • Crypto News

Flare Founder Reveals Why XRP Ledger Could Dominate RWA Issuance

Flare Founder Hugo Philion has opined that the XRP Ledger (XRPL) could dominate RWA issuance,…

May 2, 2026
  • Altcoin News

Trump’s WLFI Price Hits All-Time Low As Team Secretly Sells 5.9B Tokens

The WLFI token of World Liberty Financial fell to new record lows this week. The…

May 2, 2026
  • Crypto News

Hyperliquid’s Prediction Markets Upgrade Goes Live on Mainnet, Rivaling Polymarket and Kalshi

Perpetual decentralized exchange (DEX) Hyperliquid's HIP-4 upgrade is now live on the mainnet, providing users…

May 2, 2026
  • Crypto News

Sen. Tillis Reveals CLARITY Act Stablecoin Yield Text, Senate Markup Soon?

Senator Thom Tillis has finally released the stablecoin yield text. It could indicate that a…

May 2, 2026
  • Crypto News

Visa Taps Japanese Ripple Affiliate To Offer BTC, ETH, XRP Rewards Via Credit Cards

Visa Inc. has partnered with Ripple affiliate SBI Holdings and its crypto division SBI VC…

May 2, 2026
  • Crypto News

Tom Lee’s Bitmine Buys 10,000 ETH From Ethereum Foundation; BMNR Stock Climbs

Tom Lee's Bitmine has added more ETH to its treasury, acquiring 10,000 ETH from the…

May 1, 2026