Wrapped Alvey Chain price

WALV

#160

Alvey Chain is a Layer 1 quantum cryptographic EVM chain. Alvey integrated advanced quantum cryptographic codes, featuring two state-of-the-art post-quantum proof signature verification algorithms: ML-DSA-87 and Dilithium Mode 5.

Here’s how these algorithms could fit in: Wallet Security: Users generate key pairs for their wallets. The private key stays offline, while the public key is registered on-chain.

Transaction Flow: A user signs a transaction (e.g., token transfer or smart contract call) using one these quantum proof algorithms.

The signature, transaction data, and public key are broadcast to the network.

Verification by Nodes: Validator nodes run the verification algorithm. They check the signature’s validity using the quantum based math, ensuring it’s authentic and untampered.

This step integrates into the consensus mechanism (e.g., Proof of Stake), where only verified transactions are added to the block.

Quantum Resistance: These algorithms protect against quantum attacks, meaning an adversary with a quantum computer couldn’t forge signatures or reverse-engineer private keys, preserving the blockchain’s integrity.

Hybrid Approach: For extra caution, the blockchain uses a hybrid model combining with a classical algorithm (ECDSA) to maintain compatibility during the full quantum resistance transition