The Ethereum Foundation has shifted its focus away from the Poseidon hash function, which was previously considered a top candidate for post-quantum cryptography. Researcher Justin Drake cited advancements in compact proofs as the reason for this change of heart. According to Drake, these developments have rendered Poseidon's performance advantage obsolete.
Source
"Ethereum Foundation Abandons Poseidon for Post-Quantum Plan" — Cointelegraph
This article is Bitcoincryptos' summary and analysis of reporting originally published by Cointelegraph. Read the full original report at the link above.
The move reflects the rapidly evolving landscape of quantum-resistant cryptographic solutions.
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