Quantum-resistant layer Soundness to cease operations

Soundness Labs, the developer of the quantum-resistant verification layer project Soundness, announced it is ending the project's operations. The company explained that while it had achieved several milestones after migrating from a zero-knowledge (ZK) infrastructure team to a quantum-resistant blockchain layer, the market was not ready for its technology. Soundness Labs stated that although its technology is functional, it takes a significant amount of time for chains and wallets to implement its quantum-resistant protection layer. While the project is shutting down, the libraries accumulated by Soundness will remain public on GitHub.