Ethereum co-founder Vitalik Buterin is inviting researchers to participate in a program focused on improving the network’s security through a new cryptographic technique called Poseidon. This function could lead to enhanced efficiency, particularly in zero-knowledge proof systems like SNARKs and STARKs. 🧠Buterin emphasizes that deeper research into this method is crucial for making informed decisions about its implementation within Ethereum’s future.
The program aims to analyze the security features of the Poseidon hash function before making any updates. It’s anticipated that a thorough analysis will strengthen Ethereum’s technological infrastructure and pave the way for advancements in scalability and privacy.
However, not everyone is convinced about the effectiveness of Poseidon. Ye Zhang, blockchain expert, expressed concerns regarding its reliance on specific prime fields and potential performance limitations.
This initiative highlights Ethereum’s dedication to continuous innovation. The community will closely monitor this development as it progresses, ensuring the final decision aligns with optimal security and compatibility for Ethereum.