“We are planning the transition to post-howl cryptography”

Whitebit’s director of Technology (CTO) – whose name remains under confidentiality agreements – reveal the technical strategies that the platform displays to deal with the threat of quantum computing and other sophisticated attacks in the cryptocurrency ecosystem. In an exclusive interview for cryptootics, he also expressed himself about Bitcoin, the philosophy of decentralization and the utility that derives from second -layer solutions, such as Lightning Network.

The first protection pillar, detailed the manager, is a “in -depth defense” approach: the combination of third -party solutions rigorously audited with an internal team that dominates the company’s own architecture. This avoids the dependence of a single product and adds protective layers that are reinforced to each other.

By addressing the impact that quantum computers will have on public key algorithms such as ECDSA (Elliptic Curve Digital Signature Algorithm), the CTO pointed out that Whitebit already works in a migration plan for post-chartography.

To do this, it is based on the standards published by the National Institute of Standards and Technology (Nist), The United States Department of Commerce agency that establishes recommendations and guidelines for cryptographic security.

Among the test projects They are included Crystals-Dilithium For digital signatures and Crystals-Kyber For keyswhile HASH -based schemes are evaluated as Sphincs+ for the protection of assets in cold storage.

In the field of internal access control, the CTO was asked how Whitebit does to reduce the possibility of suffering a hacking like the one by Bybit. This remarked that the platform operates under the principle of “zero trust.”

Our platform works under the “zero trust” principle, which means that even internal employees have very limited access. The risk associated with key people is mitigated using multifirma wallets for 96 % of our cold stored assets, so that no individual can move funds alone. Everything is based on compartmentalizing accesses and ensuring that no one is a unique point of failure.

Whitebit cto, cryptocurrency exchange.

Regarding the strength of his security position, the technical head stressed that Whitebit was the first exchange house in obtaining certification CCSS upper level. This recognition is based on audits of their multifirma storage protocols, as well as real -time threat detection systems and periodic penetration tests.

To anticipate new attack vectors, the CTO pointed out that artificial intelligence is already part of its safety stack. The systems of Machine Learning They are not limited to monitoring transactions: they identify anomalous patterns and neutralize risks before they climb to incidents, which significantly reduces response times.

Regarding the balance between user privacy, regulatory compliance and the decentralizing principles of the ecosystem, the CTO pointed out that Whitebit “integrates privacy preservation technologies” directly in its architecture, although unfortunately it did not mention what it is. The platform facilitates audits and reports for the authorities “without compromising the fundamental principle of user control over their data and assets.”

When questioned about a possible contribution of the Exchange to the development of Bitcoin and its capabilities, as Tether does, the CTO clarified that the firm prefers to dedicate its resources to optimize its exchange, And they have no contribution planned in this regard.

Although we have enormous respect for Bitcoin’s central developers, our resources are dedicated to creating a faster and more efficient trading experience on our platform. We contribute to the excellent basis that already exists, without intervening directly in the Mainnet protocol.

Whitebit cto, cryptocurrency exchange.

The Bitcoin protocol is the road map for the payments of the future, considers the interviewee. In this sense, he believes that the cryptoactive and his network already function as a self -controlled and self -sufficient system, and advocate non -interventionism. «Our vision does not consist in ‘control’ that design, but to serve as a safe and accessible access door. We close the technical gap for millions of users to participate in this sovereign future without having to be experts in the protocol, ”he said.

In the short term, he added, layer 2 solutions are practices such as Lightning Network, as they cover the demand for rapid and low -cost transactions required by millions of users. «For an exchange, prioritizing layer 2 solutions such as Lightning Network is a practical need, as our users demand speed and low rates. While the development of the Mainnet is vital for Bitcoin’s long -term health, layer 2 solutions are those that offer the scalability necessary to effectively serve millions of users, ”said the Exchange CTO.

Finally, he anticipated a growing convergence between centralized and decentralized finances. Whitebit aspires to serve as a technical bridge that facilitates its customers access to protocols without sacrificing safety standards or normative requirements, a key step for the mass adoption of a hybrid ecosystem and resistant to future challenges.

Cryptonoticias also published an interview with Volodymyr Nosov, CEO of Whitebit, held in May 2025.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *