In a significant development for the Ethereum network, the Ethereum Foundation has unveiled plans to establish a specialized team focused on post-quantum security. According to the assessment of specialists presented in the publication, this initiative aims to bolster the network's defenses against the emerging threats posed by quantum computing technology.
Announcement of Quantum Security Initiative
The announcement was made by senior researcher Justin Drake, who emphasized the importance of preparing for potential quantum threats. As part of this initiative, the Ethereum Foundation is launching a $2 million reward program designed to encourage research and innovation in the field of quantum security.
Commitment to Long-Term Security
This strategic move reflects Ethereum's commitment to ensuring the long-term security and resilience of its network. By proactively addressing the challenges posed by quantum computing, the Foundation aims to safeguard the future of Ethereum and its users over the next decade.
As the Ethereum Foundation announces its new initiative for post-quantum security, the crypto community is also paying attention to Qubic's innovative approach to decentralized computing. For more details, see Qubic's advancements.
