$PAW Introduction
As the PAW chain restart date approaches, it's time to talk about a significant upgrade happening behind the scenes: the update of the PAW security architecture. This is one of the main reasons why the chain needs offline maintenance. Once you understand what we are upgrading, you will see why this step is not only necessary but crucial for the long-term success of PAW.
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Why We Need to Upgrade the PAW Security System
Technology is advancing rapidly, especially in the field of computing: quantum computing is becoming more powerful and faster than expected. The key point is:
Quantum computers will eventually be able to crack the outdated security systems currently used by almost all mainstream blockchains, including Bitcoin, Ethereum, Solana, and so on. Their wallets and signature systems were created many years ago when people could not foresee the quantum risk. As quantum computer performance continues to improve, these old systems will eventually become obsolete.
This does not mean they will collapse today, but it does indicate that the industry is heading toward a serious long-term problem.
We decided not to wait for the problem to arise to take action but to choose to upgrade the PAW system now, making the entire supply chain stronger, safer, and prepared for the future.
Why Large Blockchains Cannot Easily Solve This Problem
Most blockchains cannot simply upgrade their security: they already have millions of users, old wallets, lost wallets, and leaked public keys. To achieve quantum security levels, everyone on the chain would need to migrate manually, which is simply not feasible.
Even if only a small portion of users do not upgrade, once quantum computers reach the required level, their wallets will become targets for attacks. This will pose a significant risk to the entire network, including the market, liquidity, and stability.
On the other hand, PAW is restarting. This gives us a rare opportunity that traditional blockchains do not have: we can upgrade the entire blockchain at once, leading everyone together toward a secure future.
#PAW