Ethereum Foundation Elevates Post-Quantum Security as Strategic Priority
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Coinmarketcap
- Strategic Priority Shift: The Ethereum Foundation has formally elevated post-quantum cryptographic security to a core strategic priority by establishing a dedicated Post Quantum team, marking a transition from quiet research to active engineering aimed at enhancing the network's resilience against future quantum computing threats.
- Team Leadership and Coordination: Led by Thomas Coratger and supported by cryptography contributor Emile, known for his work on leanVM, the new team plans bi-weekly All Core Devs breakout calls focused on coordinating and implementing post-quantum transactions across the Ethereum community.
- Funding and Prize Initiatives: The Foundation announced two $1 million prize initiatives, the Poseidon Prize aimed at strengthening the Poseidon hash function and the existing Proximity Prize supporting broader post-quantum cryptographic work, reflecting a strategic investment in hash-based cryptographic foundations.
- Industry Attention and Future Plans: Amid growing industry focus on quantum computing's potential to disrupt cryptographic systems, Ethereum's accelerated push highlights a proactive security strategy, with plans for a three-day post-quantum workshop to convene experts and developers for advancing post-quantum implementations.
Analyst Views on ETH
Wall Street analysts forecast ETH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ETH is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 27.740
Low
Averages
High
Current: 27.740
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
