Developers working on the Solana blockchain have introduced a new cryptocurrency storage solution called Winternitz Vault. They claim that this platform will ensure the protection of their clients' assets from cyber attacks and potential threats related to quantum technologies.

Dean Little, chief scientist at Zeus Network, pointed out that the product was developed as an add-on for Solana users. According to Little, the functionality of Winternitz Vault is to generate a pair of keys during a cryptocurrency transfer, and for each transaction, a split vault with two separate accounts is formed.

For the first account, the user needs to create a signature indicating the transfer amount, and the remaining funds are transferred to a new account after the operation is completed. Each time a Winternitz Vault operation is performed, a new vault is formed, and the previous one is closed. According to the Zeus Network representative, due to this, the keys of the client's main account remain secure and inaccessible to hacking.

Earlier, Charles Edwards, founder of Capriole Investments, emphasized that the teams working on the Bitcoin blockchain urgently need to implement modern cryptographic methods capable of resisting the capabilities of quantum computers.