ETHEREUM MAKES POST-QUANTUM SECURITY A TOP PRIORITY

Summary from the TLDR Crypto newsletter

The Ethereum Foundation (EF) has formed a dedicated post-quantum security team, led by cryptographic engineer Thomas Coratger, elevating quantum resistance to a core strategic priority as timelines accelerate. To fund the effort, EF announced a $1 million Poseidon Prize to harden a critical ZK hash function, adding to a separate $1 million Proximity Prize for broader post-quantum cryptographic research. The move follows growing industry concern around quantum threats, with active post-quantum devnets already running and Ethereum positioning itself for a smoother migration than Bitcoin due to its account abstraction roadmap.