đš Ethereum just made a major cryptography pivot â and Iâm bullish on it.
Ethereum Foundation researcher Justin Drake says L1 is moving away from Poseidon toward established hashes like SHA-2 or BLAKE.
Why? New binary-field SNARK breakthroughs make traditional hashes far more efficient inside ZK proofs.
This isnât Ethereum giving up.
Itâs choosing battle-tested cryptography for a long-term post-quantum roadmap. đ
Iâm watching $ETH closely.
Safer long-term choice or too much sacrifice by leaving Poseidon?
#EthereumFoundationDropsPoseidonForL1 ... #Ethereumâ #ETHETFsApproved #crypto
Ethereum Foundation researcher Justin Drake says L1 is moving away from Poseidon toward established hashes like SHA-2 or BLAKE.
Why? New binary-field SNARK breakthroughs make traditional hashes far more efficient inside ZK proofs.
This isnât Ethereum giving up.
Itâs choosing battle-tested cryptography for a long-term post-quantum roadmap. đ
Iâm watching $ETH closely.
Safer long-term choice or too much sacrifice by leaving Poseidon?
#EthereumFoundationDropsPoseidonForL1 ... #Ethereumâ #ETHETFsApproved #crypto