Vitalik Buterin Proposes New Efficiency Metric for Cryptography

Ethereum co-founder Vitalik Buterin has proposed a standardized ‘efficiency ratio’ metric to measure cryptographic security overhead in zero-knowledge proofs and fully homomorphic encryption. This initiative aims to quantify computational trade-offs, potentially influencing developer priorities and promoting transparency in protocol design across the cryptography sector. Buterin argues that this metric offers valuable insight into efficiency sacrifices made by utilizing cryptography instead of relying on trust-based mechanisms.