TzEL Question & Post Quantum Transactions
I’ve been reading about Tezos working on post-quantum security through TzEL, the Tezos Encrypted Ledger. From what I understand, it’s still experimental and not something I would treat as fully ready for serious funds yet.
My question is more about what regular Tezos holders would eventually have to do.
For example, if someone has XTZ on a Ledger wallet today, what happens in the future if Tezos moves toward post-quantum security? Would everyone need to move their funds into a new type of wallet like TzEL, or would normal Tezos/Ledger wallets get upgraded somehow?
I’m also trying to understand the public address issue. My understanding is that once you make a transaction, your public key can become visible on-chain. In a future quantum-risk scenario, would old addresses that already made transactions be at risk? And if so, would the solution be to move funds to a new post-quantum address before that becomes a real problem?
Also, how would this affect staking and bakers? Would delegators need to move to post-quantum addresses too? Would bakers need to upgrade their keys, baker setup, Ledger/HSM setup, or signing infrastructure? Is there already a roadmap or proposal for how Tezos staking would handle a post-quantum migration?
Basically, I’m trying to understand this from a normal holder’s point of view:
If I have Tezos on a Ledger today, and I’m staking or delegating, what would I actually need to do in the future to make sure it stays protected?
Would appreciate if someone technical could explain it in simple terms.