The emergence of quantum computing has raised serious concerns about the vulnerability of existing blockchain systems. As quantum computers advance, they threaten the foundations of asymmetric encryption, which underpins most digital security measures. Recognizing this looming challenge, Symmetric presented itself as the world’s first fully post-quantum blockchain. This innovative platform aims to redefine blockchain security using revolutionary technologies designed to withstand the computing power of quantum machines.
Reinventing blockchain with quantum-proof encryption
At the heart of Symmetric’s approach is the use of secure symmetric Shannon encryption, a method that departs from traditional blockchains’ reliance on asymmetric cryptography. By incorporating post-quantum cryptographic techniques, the Symmetric layer 1 blockchain ensures that transactions, data and digital assets remain secure against quantum attacks. This forward-thinking approach is complemented by its native token, Pecuni, which serves as a gateway for users to participate in the platform’s ecosystem and benefit from its advanced security measures.
The technological backbone of the platform is strengthened by five patents covering encryption, blockchain advancements and homomorphic processing. Among these innovations is Quantum Lock, a system that improves security by providing users with physical memory devices for secure interactions between blockchains, financial systems and communications networks.
Enable next-generation data privacy
Symmetric is also poised to revolutionize data privacy with its three-way post-quantum homomorphic encryption. This technology allows calculations to be performed directly on encrypted data using encrypted algorithms, eliminating the need to expose sensitive information. Historically, homomorphic encryption has been considered impractical due to its slow processing speed and vulnerability to quantum threats. However, advances in Symmetric promise to make this technique both effective and secure.
An illustrative application of this technology could involve anonymized browsing services. In such a scenario, blockchain verifiers would allow the app to provide directions without ever accessing the driver’s location or proprietary mapping algorithm. This capability paves the way for a new generation of privacy-focused and data-driven applications, providing users with unparalleled security without compromising functionality.
Laying the foundations of Web4
Symmetric positions itself as more than just a blockchain; it sees itself as the foundation of Web4, a new iteration of the Internet. This futuristic network promises to offer improved speed, scalable decentralization and post-quantum security, as well as robust identity authentication. Pecuni, the platform’s native token, will play a central role in this ecosystem, powering everything from decentralized finance to NFTs and enterprise blockchains.
The introduction of the Proto-Pecuni (PROTOP) token marks the first step for investors and early adopters. These tokens will then be converted into Pecuni when the blockchain launches. With a limited supply of 144 million tokens, this deflationary asset provides long-term value and plays a vital role in securing the platform’s ecosystem. A series of discounted pre-sales on major chains, including Polygon, will precede the main ICO, offering early participants a chance to join this revolutionary project.
Scalable digital assets
Symmetric aims to set a new security standard for the digital age, tackling the looming threats of quantum computing. Its innovative technologies not only protect against potential quantum attacks, but also establish a solid foundation for future blockchain applications. By integrating post-quantum cryptography and homomorphic encryption, Symmetric ensures permanent security and absolute confidentiality to its users.
With Pecuni at the center of its ecosystem, Symmetric invites investors and developers to participate in its ICO presales and be part of a future where blockchain technology is unbreakable. This initiative not only secures digital assets but also promises to revolutionize the way data is processed in a post-quantum world.