ILCoin's C2P Protocol Claims Quantum and 51% attack Resistance

ILCoin has claimed that its C2P(Command Chain Protocol) is certified by one of the Palo Alto partners for the quantum and 51% attack resistance.

The hacking attempts on Blockchain aka Distributed ledger consensus algorithms like PoW (Proof-of-Work) incurred blockchain companies losses of more than USD $20 million during the year of 2018. There was absolutely zero possibility of recovering those losses. And as we all know that in the near-future quantum computing technology matures and its mass-adoption proliferates, there is a possibility of a dramatical increase in those potential monetary losses accounting to billions of dollars.

There was no working solution to this problem up to now. Thankfully, ILCoin project’s team of professional developers are seeking to end any possibility of quantum and 51% attacks in Blockchain industry.

Executive Opinion

ILCoin's Executive Manager, Norbert Goffa has expressed his thoughts on this matter saying, “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."

General Manager at EURODIGITAL, an official partner to Palo Alto Networks, Peter Boros stated, "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."

Tests on C2P technology

In order to make sure that there are no or less possible vulnerabilities in the C2P technology, it has been tested by Palo Alto Networks Partner for 4 weeks consecutively. During these 4 weeks, their team has done tests which directly affect smart contract's functionality. Tests like 51% attack, Fork Attack with a Rollback Attack and Design Flaw Type Attacks were assessed.

All the tests showed that the C2P protocol eliminates all risks associated with quantum computing and 51% attacks, the announcement notes.

Update: Removed invalid article tag