# Algorand CEO Says Institutions Are Showing More Interest in Quantum Security By Simon Yoon Canonical URL: https://www.tokenpost.com/news/technology/57275 Published: 2026-11-14T08:14:24.000Z Updated: 2026-11-14T08:14:24.000Z Section: Technology > Falcon-1024 account support went live in August, while other network functions still rely on elliptic-curve cryptography and Ed25519. Algorand targets broader resilience by the end of 2027. Algorand CEO William Herkelrath said institutions are taking more interest in post-quantum security as the network works to extend quantum-resistant protections beyond accounts to other operations. Algorand added Falcon-1024 account support to its mainnet in August. Falcon is a signature scheme selected by the National Institute of Standards and Technology (NIST). The upgrade covers accounts, while the network’s verifiable random function still uses elliptic-curve cryptography and consensus signing uses Ed25519. Algorand’s roadmap sets broader quantum resilience as a goal for the end of 2027. The statement follows Herkelrath’s [earlier call for financial firms to plan for post-quantum protections in tokenized markets](). ## Links in this article - [earlier call for financial firms to plan for post-quantum protections in tokenized markets](https://www.tokenpost.com/news/technology/37700)