Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, May 28 2019 - 08:00
AsiaNet
Palo Alto Networks Partner Has Successfully Certified ILCoin's C2P Protocol for Quantum Resistance
DUBAI, UAE, May 28, 2019 /PRNewswire-AsiaNet/ --

Distributed ledger consensus algorithms such as PoW(Proof-of-Work) made 
companies lose more than $20 million during 2018 in hacking attacks without any 
possibility to recover losses. And near-future quantum computing mass-adoption 
may dramatically increase those potential damages which will be accounted to 
billions of dollars. There was no working solution to this devastating problem, 
until now.

Photo - 
https://mma.prnewswire.com/media/892100/ILCoin_Team_Palo_Alto_Networks_Partner.jpg


A team of professional developers from ILCoin (https://ilcoincrypto.com/) 
project are on a mission to end any possibility of quantum 51% attacks in this 
industry. Recently, their innovative C2P(Command Chain Protocol) 
(https://github.com/ILCoinDevTeam/ilcoin-master ) has successfully passed the 
cybersecurity audit, which has confirmed the quantum resistance. ILCoin's 
Executive Manager, Norbert Goffa 
(http://linkedin.com/in/norbert-goffa-6ba2ab159) has expressed his thoughts on 
this matter:

"It is very hard to overcome the possibility of a 51% attack in PoW algorithm. 
So, we needed to rethink everything from the bottom up. We knew that the 
blockchain itself needed to be significantly improved so we could reach our 
goal. We wanted to create a unique technology that had never been made before, 
but at the same time, not over-complicated yet very functional. The solution is 
simple, elegant, and secure."

Palo Alto Networks Partner was testing the C2P technology 4 weeks in a row in a 
desire to take enough time to find any possible vulnerabilities. During this 
period, their team has run tests on 51% attack, Fork Attack with a Rollback 
Attack, Design Flaw Type Attacks which directly affect smart contract's 
functionality. Considering the fact that quantum technology is capable of 
taking over many existing consensus protocols, all tests have shown that the 
C2P protocol successfully eliminates all risks associated with quantum 
computing 51% attacks.

"We tried several blockchain attack techniques, but none of them have worked. 
Due to C2P, ILCoin's blockchain is resistant to 51% and quantum computing 
attacks, and it's definitely incredible. We claim this and prove it. Even an 
infinite amount of hash power is useless to form an attack," states Peter 
Boros, General Manager at EURODIGITAL, an official partner to Palo Alto 
Networks. 

The ILCoin's consensus protocol has resolved the problem associated with 51% 
quantum computing attacks. It's first in its kind and creators are planning to 
enter confidently into the market providing cutting-edge blockchain technology.

Further details about the certification can be found on the project's website 
(https://ilcoincrypto.com/)and through the dev team in their Telegram channel 
(https://t.me/ILCoinDevelopmentTeam/).

Source:  ILCoin Team
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