Reports say the Ethereum Foundation has started a new team to prepare the network for possible quantum computer attacks. The team’s work is moving from research into practical tests and experiments, which has drawn attention across the crypto community. Based on reports, Thomas Coratger will lead the effort. Joining him is Emile, one of the world-class talents behind leanVM.

The team includes cryptographers and engineers already testing new systems on devnets. The goal is to test new algorithms in real software while keeping current transactions running smoothly. A $1 million prize has been set for improvements to the Poseidon hash function. Another $1 million prize supports broader post-quantum research.

In total, roughly $2 million are being offered to labs and independent developers to design and test quantum-resistant solutions. Reports say this funding is meant to speed up work and show what can realistically replace current signatures. Multi-client devnets are already active. Developers are experimenting with new signature types to see what works and what fails.

Biweekly sessions led by researchers like Antonio Sanso let teams share results and update code. A Post-Quantum Day is scheduled for March 2026 before ETHCC, with a larger event planned in October 2026 to show progress and plan next steps.

Reports note users should watch for official guidance, follow wallet updates, and avoid reusing addresses once upgrades roll out. The Foundation’s approach is to test solutions early so users and services are better protected when changes happen. Tests will continue, standards will be debated, and progress will be shared publicly. By acting now, Ethereum aims to reduce risk and make future transitions smoother for everyday users and the network as a whole.

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