Quantum-Resistant Blockchain: Securing the Future of Crypto with Duncan Wong from Abelian Foundation

Colors of Web3 & Entrepreneurship

In this mind-boggling 36th episode of Colors of Web3 and Entrepreneurship, Lam sits down with Dr. Duncan Wong, founder of Abelian Foundation, to explore the fascinating intersection of quantum computing and blockchain technology. Duncan shares his journey from academia to entrepreneurship, including his groundbreaking work in cryptography that influenced projects like Monero. The discussion delves into the potential threats quantum computing poses to current blockchain systems and how Abelian is pioneering quantum-resistant solutions. Viewers will gain insights into the power of quantum computing, the importance of post-quantum cryptography, and the challenges of building a quantum-resistant blockchain ecosystem. This episode is a must-watch for anyone interested in the future of cryptocurrency and blockchain security. ⌛ Timestamps: 00:00:00 Episode trailer 00:00:40 Introduction about the show and Duncan's background 00:03:00 His research on digital signatures and cryptography 00:06:35 The impact of Duncan's research on Monero, a secure and private cryptocurrency 00:13:11 Duncan's Transition from academia to industry 00:16:22 Duncan's personal hobbies outside of work 00:18:09 Deep dive into Abelian Foundation 00:21:20 Motivation for building a quantum-resistant blockchain 00:25:45 Two missions of Abelian Foundation 00:29:45 The meaning of accountable anonymity 00:32:45 Why Bitcoin is vulnerable to quantum computing 00:38:38 The power and accessibility of quantum computing 00:41:25 The need for standardization of post-quantum computer system 00:46:25 Abelian as digital gold 2.0 00:49:26 Abelian ($ABEL) tokenomics and mining of token on Abelian blockchain 00:53:04 What makes quantum computing powerful 00:56:50 Characteristics of Abelian blockchain that make it quantum-resistant 01:00:38 The team behind Abelian Foundation 01:01:54 Challenges facing Duncan's team 01:04:24 Programming languages that are used on Abelian blockchain 01:05:18 The bridge that Duncan's team is building to connect Abelian blockchain to other blockchains 01:07:18 The future of quantum computing and its intersection with Web3 01:15:46 Advice for aspiring Web3 entrepreneurs 01:16:50 Where to follow Abelian Foundation 01:18:35 Closing thoughts and next episode preview Follow Duncan and his company: Abelian's website: https://www.abelian.info/ Duncan's LinkedIn: https://www.linkedin.com/in/duncan-wong-89b69b20/ Duncan's Twitter/X: https://x.com/DrDuncanWong My social media: Twitter/X: ⁠https://www.twitter.com/LamWeb3⁠ LinkedIn: ⁠https://www.linkedin.com/in/lamweb3/⁠ Website: ⁠https://lamtrinh.xyz⁠ My latest article: https://lamweb3.substack.com/p/the-importance-of-decentralized-science If you enjoy this episode, please subscribe to stay updated on our upcoming episodes with industry experts and innovators in the Web3 and Entrepreneurship spaces. Thank you for listening!