Ethereum Foundation launches dedicated team to counter quantum computing threats

The Ethereum Foundation has designated security against quantum computing threats as a core strategic priority and has officially launched a dedicated Post-Quantum team, Coindesk reported. In the short term, the foundation aims to enhance user wallet security by holding bi-weekly developer sessions. These sessions will focus on strengthening user security through discussions on in-protocol cryptographic tools, account abstraction paths, and signature aggregation structures. The foundation is also expanding its research support, allocating $1 million to the Poseidon Prize for strengthening the Poseidon hash function and another $1 million to the Proximity Prize for research into quantum-resistant technology.