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International Conference on Contemporary Computing

Simulating Quantum Threats to Web3 Cryptographic Primitives using Qiskit

Vimal Kumar, Rakesh Sharma, Ishan Aggarwal, Debjani Ghosh

Published Aug 7, 2025• 1 citation
Publisher

Abstract

Web3 technologies are fundamentally secured by classical cryptographic algorithms like the Elliptic Curve Digital Signature Algorithm (ECDSA), Advanced Encryption Standard (AES), and Secure Hash Algorithms (SHA). The advent of fault-tolerant quantum computers, however, poses a significant threat to these systems. Shor’s algorithm can break the asymmetric schemes that underpin user wallets and asset ownership, while Grover’s algorithm quadratically weakens the security of symmetric ciphers and hash functions. This paper presents an integrated simulation framework, built using Python and Qiskit, to demonstrate these quantum threats in a unified context. We implement simulated attacks against simplified, small-scale instances of RSA, ECDSA, AES, and SHA to model the structural feasibility of these quantum attacks. For Shor’s algorithm, we utilize a classical simulation of the quantum oracles for modular exponentiation and elliptic curve point addition, focusing on the viability of the overall quantum-classical workflow. For Grover’s algorithm, we use standard Qiskit circuit library implementations with simplified oracles. Our findings confirm the theoretical vulnerabilities—successfully factoring RSA-15, solving the ECDLP on a toy curve, and finding keys/preimages in 8-bit search spaces. More importantly, this work highlights the practical simulation challenges and immense resource requirements for breaking production-scale keys, reinforcing the critical need for the Web3 ecosystem to transition towards post-quantum cryptography.

DOI
10.1109/ic366947.2025.11290415

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Web3 technologies are fundamentally secured by classical cryptographic algorithms like the Elliptic Curve Digital Signature Algorithm (ECDSA), Advanced Encryption Standard (AES), and Secure Hash Algorithms (SHA). The advent of fault-tolerant quantum computers, however, poses a significant threat to these systems. Shor’s algorithm can break the asymmetric schemes that underpin user wallets and asset ownership, while Grover’s algorithm quadratically weakens the security of symmetric ciphers and hash functions. This paper presents an integrated simulation framework, built using Python and Qiskit, to demonstrate these quantum threats in a unified context. We implement simulated attacks against simplified, small-scale instances of RSA, ECDSA, AES, and SHA to model the structural feasibility of these quantum attacks. For Shor’s algorithm, we utilize a classical simulation of the quantum oracles for modular exponentiation and elliptic curve point addition, focusing on the viability of the overall quantum-classical workflow. For Grover’s algorithm, we use standard Qiskit circuit library implementations with simplified oracles. Our findings confirm the theoretical vulnerabilities—successfully factoring RSA-15, solving the ECDLP on a toy curve, and finding keys/preimages in 8-bit search spaces. More importantly, this work highlights the practical simulation challenges and immense resource requirements for breaking production-scale keys, reinforcing the critical need for the Web3 ecosystem to transition towards post-quantum cryptography.
The threat to blockchain security has become increasingly critical in the era of quantum computing. This study analyzes the potential risks of quantum computers against crypto by simulating five attack scenarios using Shor’s Algorithm and Grover’s Algorithm. Shor is employed to exploit weaknesses in the elliptic curve digital signature algorithm (ECDSA) by factoring large integers to obtain private keys, while Grover accelerates the search for valid hashes or inputs, reducing complexity from O(2ⁿ) to O(√2ⁿ). The testing environment was built on a local Ethereum network using Ganache, with attack scripts implemented through Node.js, Python (Qiskit), and Hardhat. The results demonstrate that both quantum algorithms can compromise smart contracts, proof-of-stake consensus mechanisms, user wallets, and public key cryptography. Attacks were successfully carried out without original private keys, showing potential for asset theft, consensus manipulation, replay attacks, and increased computational load that could disrupt network availability. Although the simulations were conducted on classical hardware, the findings provide a realistic perspective that large-scale quantum computers will significantly increase the risk of blockchain security breaches. These findings emphasize the urgency of transitioning to post-quantum cryptography (PQC) through approaches such as lattice-based cryptography, hash-based signatures, and layered authentication. Implementation strategies can be divided into three phases: short-term (0–1 year) contract audits, wallet security reinforcement, and developer education; medium-term (1–2 years) PQC testing on crypto testnets and adoption of quantum-resistant validator nodes and long-term (1–3 years) full migration from ECDSA to PQC through key rotation and infrastructure updates.
The advent of large-scale quantum computers poses an existential threat to the cryptographic algorithms that underpin modern digital security. Shor's algorithm enables quantum computers to factor large integers and compute discrete logarithms in polynomial time, rendering RSA, Elliptic Curve Cryptography (ECC), and Diffie-Hellman key exchange fundamentally insecure. Meanwhile, Grover's algorithm provides a quadratic speedup for brute-force search, effectively halving the security strength of symmetric ciphers and hash functions. This paper presents a comprehensive investigation into the impact of quantum computing on both asymmetric and symmetric cryptographic algorithms. We analyze the computational resources required by quantum attacks on current standards, evaluate the timeline of quantum threats based on hardware roadmaps from leading quantum computing companies, and conduct a systematic performance comparison of NIST-standardized post-quantum cryptographic (PQC) algorithms. Our experimental evaluation covers key generation time, encapsulation/decapsulation latency, signature generation/verification speed, key sizes, and bandwidth overhead across lattice-based, code-based, hash-based, and multivariate cryptographic schemes. Results indicate that lattice-based schemes, particularly CRYSTALS-Kyber and CRYSTALS-Dilithium, offer the most favorable balance of security and performance for practical deployment. We also propose a phased migration framework for transitioning existing cryptographic infrastructure to quantum-resistant alternatives, addressing compatibility, performance, and operational challenges.
The rapid advancement of quantum computing presents a fundamental challenge to modern cryptographic security, particularly in the domain of hash functions that ensure data integrity, authentication, and blockchain security. Traditional crypto graphic hash functions such as SHA-256, SHA-3, and BLAKE2 rely on computational hardness assumptions that become obsolete in the presence of large-scale quantum computers. Shor’s algorithm can efficiently break RSA and ECC-based cryptosys tems, while Grover’s algorithm reduces the security of traditional hash functions by square root complexity, significantly weakening their preimage and collision resistance. This quantum threat necessitates the development of post-quantum secure hashing techniques that remain resilient against both classical and quantum adversaries. This paper proposes Quantum Hashing, a novel cryptographic framework that integrates quantum entanglement, lattice-based cryptography, and hybrid quantum classical hashing to construct post-quantum secure hash functions. We introduce a formal model for Quantum Collision Resistance (QCR) and provide entropy-based ran domness enhancement to ensure unpredictable hash outputs. Unlike classical hashing approaches, our framework leverages the hardness of lattice problems (e.g., Shortest Vector Problem, Learning with Errors) to withstand quantum attacks while incorpo rating Quantum Key Distribution (QKD) mechanisms to enhance entropy and key management. Furthermore, we evaluate the security of Quantum Hashing under various attack models, comparing its resistance against Grover’s search and collision attacks. We benchmark its performance against NIST Post-Quantum Cryptography (PQC) final ists, including CRYSTALS-DILITHIUM, SPHINCS+, and Falcon, demonstrating that our approach offers superior resilience while maintaining computational feasibility. Additionally, we present an implementation of Quantum Hashing using Qiskit, show casing its practical applicability in quantum circuits and quantum-secure blockchain architectures. Our findings highlight that Quantum Hashing provides a scalable, entropy-efficient, and post-quantum resilient cryptographic primitive suitable for next-generation cryptographic applications. This work paves the way for secure post-quantum digital signatures, blockchain consensus mechanisms, and zero-knowledge proof systems that require tamper-resistant hashing in a quantum computing era.
Abstract—The emergence of quantum computing represents a fundamental challenge to contemporary cryptographic infras- tructures, mandating immediate adoption of quantum-resistant cryptographic standards to ensure long-term security. This paper analyzes how Shor’s algorithm renders RSA , ECC vulnerable by solving integer factorization and discrete alogarithm problems in polynomial time, while Grover’s algorithm weakens symmetric encryption through quadratic speedup attacks. Through compre- hensive cryptanalysis, we evaluate the vulnerabilities of current public-key infrastructures, symmetric ciphers, and hash functions against quantum threats. Our research systematically examines post-quantum cryptographic candidates, including lattice-based, hash-based, and multivariate polynomial schemes under NIST standardization, assessing their security guarantees and imple- mentation challenges. Furthermore, we investigate the broader implications for secure communications, blockchain networks, and authentication protocols in a post-quantum world. Based on our findings, we propose a practical transition framework featuring hybrid cryptographic systems, protocol enhancements, and policy updates to facilitate seamless migration. This work provides critical insights and actionable strategies for securing digital infrastructure against quantum threats while maintaining operational efficiency during the transition period. Index Terms—Cryptographic vulnerability, Grover’s algo- rithm, Post-quantum cryptography, Quantum computing, Quan- tum key distribution, Shor’s algorithm, Cybersecurity
The rapid advancement of quantum computing poses a fundamental threat to classical cryptographic mechanisms that underpin modern digital security. Shor’s algorithm can efficiently solve integer factorization and discrete logarithm problems, thereby breaking widely used public-key cryptosystems such as RSA, ECC, and Diffie–Hellman. Grover’s algorithm also reduces the effective security of symmetric encryption and hash functions by half. This paper provides a systematic analysis of the impact of quantum attacks on current cryptographic infrastructures, including TLS, digital signatures, and blockchain. We then review the state of post-quantum cryptography (PQC) as standardized by NIST, focusing on three leading candidates: CRYSTALS-Kyber for key encapsulation, and CRYSTALS-Dilithium and FALCON for digital signatures. Through simulation using the Open Quantum Safe (liboqs) library on a standard x86_64 platform, we measure key generation time, encryption/signing speed, decryption/verification latency, and key/signature sizes. Our results show that Kyber-768 achieves key generation in <0.1 ms and produces public keys of about 1.2 KB, while Dilithium-3 generates signatures of ~2.7 KB with verification times under 0.3 ms. Compared to RSA-2048 and ECDSA-P256, PQC algorithms offer competitive performance at the cost of larger key and signature sizes. Based on these findings, we propose a hybrid transition roadmap that combines classical and PQC algorithms in parallel, minimizing risk while maintaining backward compatibility. The paper concludes that organizations should begin immediate preparations for the post-quantum era, especially for data requiring long-term confidentiality.
Contemporary cryptographic algorithms are resistant to the strongest threats to cybersecurity and high-profile cyber-attacks. In recent times, information security scientists and researchers had developed various cryptographic schemes that defeated attacks using the most sophisticated (in terms of processor speed) classical computer. However, this resistance will soon erode with the arrival of quantum computers. In this paper, we profiled quantum computers and quantum algorithms based on their widely believed threat against currently secure cryptographic primitives. We found that Grover’s and Shor’s quantum-based algorithms actually pose a threat to the continued security of symmetric cryptosystems (e.g. 128-bit AES) and asymmetric (public key) cryptosystems (e.g. RSA, Elgamal, elliptic curve Diffie Hellman (ECDH), etc.) respectively.We discovered that the source of the algorithms’ cryptanalytic power against the current systems, stems from the fact that they (Grover and Shor) both equipped their respective algorithms with a quantum circuit component that can execute the oracle in parallel by applying a single circuit to all possible states of an n-qubit input. With this exponential level of processing characteristic of quantum computers and quantum-based algorithms, it is easy for the current cryptosystems to be broken since the algorithms can existentially solve the underlying mathematical problems such as integer factorization, discrete logarithm problem and elliptic curve problem, which formed the basis of the security of the affected cryptosystems. Based on this realization and as part of our readiness for a post quantum era, we explored other mathematical structures (lattices, hashes, codes, isogenies, high entropy-based symmetric key resistance, and multivariate quadratic problems) whose hardness could surpass the cryptanalytic nightmare posed by quantum computers and quantum-based algorithms. Our contribution is that, based on the findings of this research work, we can confidently assert that all hope is not lost for organizations heavily relying on protocols and applications like HTTPS, TLS, PGP, Bitcoin, etc., which derived their security from the endangered cryptosystems.