What is quantum-safe staking?

Electra Protocol is preparing for the future as we work to develop the technology to support our community against the power of quantum computers. One of our first developments is “quantum-safe staking.“ which is part of the XEP Desktop Wallet since March 2022.

What happens in your wallet when you use quantum-safe staking?

Every time your wallet accumulates a staking reward, the staking UTXO and reward are deposited into a newly generated address that automatically occurs within the wallet.

Why is quantum-safe staking useful?

Quantum-safe staking improves your privacy because it is harder to associate a specific address with a particular person if you never use the newly generated address again. It improves security against quantum attacks because an address with an exposed public key is never reused.