Ethereum Proposes 7-Cent Quantum-Proofing via SPHINCS- Signatures

Ethereum's Kohaku lead stated that a SPHINCS- proposal aims to reduce the cost of post-quantum signature verification on Ethereum to 7 cents. The proposal is described as an interim measure while the network works toward a longer-term solution for quantum-proofing accounts.

FAQ

What is the SPHINCS- proposal for Ethereum?

The SPHINCS- proposal is a method to reduce the cost of post-quantum signature verification on Ethereum to 7 cents, serving as an interim measure while the network develops a longer-term quantum-proofing solution.

Who announced the 7-cent quantum-proofing cost for Ethereum?

Ethereum's Kohaku lead announced that the SPHINCS- proposal aims to achieve post-quantum signature verification at a cost of 7 cents per account.