HomeNewsEthereum Foundation launches Post-Quantum team, LeanVM devnets and $2M cryptography prizes

Ethereum Foundation launches Post-Quantum team, LeanVM devnets and $2M cryptography prizes

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The Ethereum Foundation has formed a dedicated Post-Quantum team to prepare the network for emerging quantum threats, researcher Justin Drake stated. Drake’s announcement came in late January 2026 and names the effort a strategic inflection point.

The team will be led by Thomas Coratger and contributors behind LeanVM, which the Foundation calls a cryptographic cornerstone. Coratger’s profile appears in the original announcement.

Beginning in February, Antonio Sanso will host biweekly All Core Developers breakout calls focused on post-quantum transactions and account-abstraction security. These calls will address user-facing risks and longer-term signature aggregation plans.

The Foundation also announced a $1 million Poseidon Prize to strengthen the Poseidon hash function used in Ethereum applications, aiming to favor hash-based cryptography. More information appears on the Poseidon initiative site.

Co-founder Vitalik Buterin has urged urgent action to protect the protocol for decades, stating “Being able to say ‘Ethereum’s protocol, as it stands today, is cryptographically safe for a hundred years’ is something we should strive to get to as soon as possible, and insist on as a point of pride.”

Drake also participates in a cryptocurrency quantum advisory board at Coinbase, aligning the Foundation’s plans with broader industry efforts.

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