Ethereum Initiates $2M Quantum Protection Team as Threat Timeline Intensifies

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The Ethereum Foundation has formally prioritized quantum resistance as a crucial strategic focus through the establishment of a specialized Post Quantum team, supported by $2 million in funding.

This new initiative arises as blockchain networks encounter increasing pressure to protect themselves against quantum computing dangers, which experts in the industry are increasingly cautioning could emerge in a matter of years rather than decades.

Ethereum researcher Justin Drake revealed the formation of the team on Friday, announcing that Thomas Coratger will spearhead the initiative alongside Emile, a core contributor to leanVM.

“After years of discreet research and development, EF management has officially recognized PQ security as a high strategic priority,” Drake stated, noting that the foundation has been crafting its quantum strategy since a presentation at StarkWare Sessions in 2019.

Today signifies a pivotal moment in the Ethereum Foundation’s long-term quantum strategy.
We’ve established a new Post Quantum (PQ) team, led by the exceptional Thomas Coratger (@tcoratger). Joining him is Emile, one of the world-class experts behind leanVM. leanVM is the cryptographic…

— Justin Drake (@drakefjustin) January 23, 2026

Foundation Allocates Resources Across Various Areas

The Ethereum Foundation is initiating extensive defensive strategies that encompass research, development, and infrastructure testing.

Antonio Sanso will commence bi-weekly All Core Devs Post Quantum breakout calls next month, concentrating on security for users, which includes dedicated precompiles, account abstraction, and transaction signature aggregation using leanVM.

The foundation has announced two $1 million prize competitions aimed at reinforcing cryptographic foundations.

The newly introduced Poseidon Prize focuses on strengthening the Poseidon hash function, while the existing Proximity Prize continues to promote hash-based cryptography research.

“We are investing heavily in hash-based cryptography to ensure the strongest and most efficient cryptographic foundations,” Drake asserted.

Multi-client post-quantum consensus development networks are already in operation, with pioneering teams such as Zeam, Ream Labs, PierTwo, Gean client, and Ethlambda collaborating with established consensus clients Lighthouse, Grandine, and Prysm.

Weekly post-quantum interop calls, managed by Will Corcoran, are overseeing collaborative technical development among these varied implementation teams.

The foundation will organize a three-day expert workshop in October, uniting top specialists from around the globe, building upon last year’s post-quantum workshop held in Cambridge.

An additional focused post-quantum day is planned for March 29 in Cannes, prior to EthCC, to create numerous platforms for enhancing research and coordination within the global Ethereum development community.

Industry Perspectives Diverge on Timeline Urgency

The threat posed by quantum computing has split blockchain leaders regarding both timeline forecasts and strategic focuses.

Independent Ethereum educator sassal. described quantum computing as “a very real threat for blockchains” that is “approaching faster than most anticipate,” commending the foundation’s defensive measures.

Pantera Capital General Partner Franklin Bi predicted that traditional financial institutions will face difficulties transitioning to post-quantum cryptography.

“People are over-estimating how quickly Wall Street will adapt to post-quantum cryptography,” Bi remarked, adding that blockchain networks possess unique capabilities for system-wide upgrades on a global scale.

The post-quantum race is underway.
My prediction:
People are over-estimating how quickly Wall Street will adjust to post-quantum cryptography. Like any systemic software upgrade, it’ll be slow & chaotic with single points of failure for years. Traditional systems are only as strong… https://t.co/6mEdFKcXrm

— Franklin Bi (@FranklinBi) January 23, 2026

He contended that effective quantum resistance could turn certain blockchains into “post-quantum safe havens for data and assets,” especially as traditional systems endure extended periods of vulnerability due to single points of failure.

Bitcoin community evaluations remain sharply divided. Vitalik Buterin previously shared Metaculus data indicating a median timeline of 2040 for quantum computers to breach modern cryptography, with approximately a 20% chance before the end of 2030.

Metaculus’s median date for when quantum computers will break modern cryptography is 2040:https://t.co/Li8ni8A9Ox
Seemingly about a 20% chance it will be before the end of 2030.

— vitalik.eth (@VitalikButerin) August 27, 2025

Blockstream CEO Adam Back has dismissed immediate concerns, asserting that practical threats are still decades away and accusing critics of generating unnecessary market panic.

Project ZKM contributor Stephen Duan acknowledged the challenges of transition while describing quantum resistance as “inevitable,” noting that his team will soon upgrade multiset hashing to a lattice-based construction.

ZKsync innovator Alex Gluk also stated that the network’s Airbender prover is already “100% PQ-proof,” emphasizing Ethereum’s unparalleled capability to adapt to emerging threats while maintaining its role as the global financial settlement layer.

Foundation Aims for Comprehensive Roadmap Release

The Ethereum Foundation plans to release detailed strategic guidance on pq.ethereum.org, outlining complete transition planning to ensure zero loss of funds and zero downtime in the coming years.

Drake underscored recent advancements in artificial intelligence related to formal proof generation, noting that specialized mathematics AI recently completed one of the most challenging lemmas in hash-based SNARK foundations in a single eight-hour run that cost $200.

The foundation is creating educational resources, including a six-part video series with ZKPodcast and enterprise-focused materials through EF Enterprise Acceleration.

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Ethereum now has representation on the post-quantum advisory board, as Coinbase announced this week, convening leading cryptography researchers to evaluate long-term blockchain security risks as quantum computing capabilities progress across both governmental and private-sector development initiatives.

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