Ethereum Foundation Researcher: Quantum Day Is Approaching, Plans to Complete Quantum-Resistant Migration by 2029

foresightnews_apiОпубликовано 2026-06-05Обновлено 2026-06-05

Введение

Ethereum Foundation researcher Justin Drake discusses the implications of a recent quantum computing breakthrough by Google’s quantum AI team, which demonstrated a 10x efficiency improvement in Shor’s algorithm against the secp256k1 elliptic curve used in Bitcoin and Ethereum. Notably, Google kept key algorithmic details confidential, using zero-knowledge proofs to verify the result without disclosure—a first in academia. Shortly after, the core optimization was independently reproduced, and an open-source competition (ecdsa.fail) emerged, further improving the algorithm by 8.4%. Meanwhile, startup Oratomic published research suggesting that neutral-atom quantum architectures could break secp256k1 with only 10,000 physical qubits, accelerating the timeline for "Q-Day"—the day quantum computers can break widely used cryptography. Drake estimates a 50% probability of Q-Day by 2032 and a 10% chance by 2030, contrasting with the U.S. government’s more conservative 2035 forecast. He warns against panic but stresses timely migration to post-quantum cryptography. Ethereum plans to complete its migration by 2029, covering consensus, data, and execution layers with hash-based systems. The Foundation is also developing leanVM, a formally verifiable zkVM, and has launched two $1 million initiatives to advance SNARK-friendly cryptography.


Author: Justin Drake, Researcher at the Ethereum Foundation

Compiled by: Chopper, Foresight News


On March 31st, the Google Quantum AI team published a landmark paper on the Shor algorithm for elliptic curve cryptography. Technically, this paper represents a major breakthrough: the algorithm's efficiency was improved by a full factor of 10 compared to the previous best-known solution. The team chose the secp256k1 elliptic curve, which underpins Bitcoin and Ethereum signatures, for their optimization demonstration—serving both as a technical showcase and a stark warning to the blockchain industry.


However, the most intriguing aspect of this paper lies not in its technical content, but in its unprecedented release protocol. The research team did not follow the standard academic process of full public disclosure. The core optimization details were kept entirely confidential, with only a zero-knowledge proof (ZK) used to verify the validity of the optimization without leaking any technical specifics. Google's related blog post mentioned collaboration with U.S. government agencies during the project. This use of zero-knowledge proofs to enforce academic content control is a first in global academic history.


As one of the co-authors of this paper, I witnessed the events leading to this restricted publication firsthand. To be frank, I found several details of the entire process hard to reconcile with my principles. I firmly believe the public has a right to this information, but due to circumstances beyond my control, I cannot disclose the internal details. However, it must be stated that the Google team conducted itself with professionalism and rigor throughout, deserving recognition and praise.


Deliberate information control often backfires, and we are now witnessing the "Streisand effect" in action: the core optimization algorithm that Google sought to protect has already been independently recreated by French researchers. Even more unexpectedly, a crowdsourced, open-source challenge to crack the Shor algorithm has been launched. The website ecdsa.fail went live and broke the world record for Shor algorithm optimization within mere hours.


Algorithm Independently Recreated, Open-Source Challenges Proliferate


Just two months after Google's paper was published, French quantum expert André Schrottenloher was the first to decipher the core optimization logic. His paper, "Optimized Point Addition Circuits for Elliptic Curve Discrete Logarithms," was officially published on the arXiv preprint server today. Congratulations to André for leading the pack among top scholars working on this problem. Also publishing today, Craig Gidney, an authority in Shor algorithm optimization, revealed that he has known about this optimization approach for a full year but was prevented from publishing it due to control requirements.


While André's work recreates the main framework, it does not capture some of the subtle optimizations present in Google's original version and subsequent iterations. Significant optimization potential for the Shor algorithm remains, which is precisely the purpose of the ecdsa.fail challenge. The verification program originally built for the ZK proof was repurposed to automatically filter for effective optimization submissions. Currently, developers worldwide are continuously submitting detailed improvements. Measured by the product of logical qubit count and Toffoli gate count, the overall circuit has achieved an 8.4% efficiency improvement over Google's original version.


The participation in this research fervor has exceeded industry expectations, extending far beyond leading academics. Over the past few weeks, a large number of amateurs, inspired by the "self-research" approach advocated by figures like Karpathy (a top global AI scientist and OpenAI founding member), have used AI to iteratively optimize the Shor algorithm. Ironically, the verification program built for ZK proofs perfectly serves as the reward function for this AI-driven iteration. This new research model has a very low barrier to entry, with high-quality optimizations submitted even by non-professionals, including a teenager.


Neutral-Atom Quantum Tech Enters the Fray, Industry Predicts Q-Day Potentially Before 2032


The story doesn't end with Google. On the same day as Google's paper, the privacy startup Oratomic published its own research paper on the Shor algorithm, which quickly topped the trending chart on the academic rating site scirate.com.


Oratomic's conclusion is staggering: building upon Google's logical-layer optimizations and combining them with their own neutral-atom physical architecture optimizations, breaking secp256k1 cryptography using Shor's algorithm would require only ten thousand physical qubits—a number so low it颠覆s industry assumptions.


When I first read Oratomic's paper, I knew nothing about neutral-atom technology. Out of curiosity, I spent hundreds of hours in deep research, watching explanatory videos and interviewing multiple industry experts. My final conclusion: neutral-atom quantum technology is feasible and promising for practical implementation. Google's recent establishment of a neutral-atom quantum lab, a departure from its previous exclusive focus on superconducting qubits, is strong evidence. If you are concerned about Q-Day (the point when quantum computers can break commercial cryptography), the neutral-atom path cannot be ignored.


Interestingly, both the Google and Oratomic heavyweight papers completely avoid mentioning the practical impact of their findings on the timing of Q-Day, offering no predictions. However, the core purpose of white-hat cryptanalysis is precisely to assess the timeline for quantum decryption and help the industry prepare in advance, making this silence particularly unusual.


Drawing on Scott Aaronson's line of thought from his April 29th post, and combining publicly available information with non-public classified intelligence I am aware of, I offer this estimate: There is a 50% probability Q-Day arrives before 2032, and a 10% probability it arrives before 2030.


In contrast, the official U.S. government stance, led by the NSA and adopted by NIST (National Institute of Standards and Technology), sets a deadline of 2035, after which U.S. government agencies are prohibited from using cryptography vulnerable to quantum attacks. In hindsight, this estimate is severely disconnected from the pace of technological development and is largely obsolete. NIST will most likely be forced to significantly bring forward this deadline.


Post-Quantum Migration: Ethereum Plans Completion by 2029


While quantum risk warrants vigilance, there is no need for panic. Rushing to deploy immature post-quantum cryptographic systems could itself introduce security vulnerabilities. In my view, 2029 is a prudent migration window—about three and a half years from now. Google, the cloud service provider Cloudflare, and the Ethereum Foundation have all settled on this same timeframe.


Currently, most of my work involves coordinating with the Ethereum light client upgrade project to facilitate a smooth, end-to-end migration of Ethereum to post-quantum cryptography. The overhaul is massive: consensus-layer BLS signatures, data-layer KZG commitments, and execution-layer ECDSA signatures all need replacement. The entire upgrade plan is built upon hash-based cryptography and is thoroughly feasible.


Within the Ethereum Foundation, we have developed a tool called leanVM, powered by hash-based SNARKs. Thanks to the excellent work of Emile, Thomas, and others, its performance is well-proven. In terms of security, leanVM is a gem—it is a minimalist zkVM designed specifically for end-to-end formal verification and the highest level of security. Want to contribute? There are currently two $1 million programs. First is the Proximity Prize: solve a long-standing mathematical conjecture in coding theory to improve hash-based SNARKs and claim the million-dollar bounty. Second is the Poseidon Initiative: a $1 million prize for breaking Poseidon, a SNARK-friendly hash function.

Связанные с этим вопросы

QAccording to the article, what is the significance of the Google Quantum AI team's paper published on March 31st?

AThe paper represents a milestone breakthrough by improving the efficiency of Shor's elliptic curve cryptography algorithm by a factor of 10 compared to previous best solutions. It specifically targeted the secp256k1 elliptic curve used by Bitcoin and Ethereum, serving both as a technical demonstration and a warning to the blockchain industry about quantum threats.

QWhat was the controversial aspect of how the Google Quantum AI team's paper was released?

AThe paper did not follow the conventional academic publication process. The core optimization details were kept secret, and the team only used a zero-knowledge proof (ZK) to verify that an optimized solution existed without revealing any technical specifics. This marks the first known instance of academic content control implemented via zero-knowledge proofs.

QWhat does the researcher Justin Drake predict regarding the timeline for Q-Day (Quantum Day)?

AJustin Drake predicts a 50% probability that Q-Day (when a quantum computer can break commercial cryptography) will arrive before 2032, and a 10% probability it will arrive before 2030. He contrasts this with the official U.S. government timeline of 2035, which he believes is severely outdated.

QWhat is Ethereum's planned timeline for completing its migration to post-quantum cryptography?

AEthereum plans to complete its migration to post-quantum cryptography by 2029. This timeline is also shared by Google and cloud service provider Cloudflare. The researcher states that rushing to deploy immature post-quantum systems could create security risks, making 2029 a prudent migration window.

QWhat tool has the Ethereum Foundation developed as part of its post-quantum migration efforts, and what are its key features?

AThe Ethereum Foundation has developed a tool called leanVM. It is driven by hash-based SNARKs and is described as a minimalistic zkVM (zero-knowledge virtual machine) designed specifically for end-to-end formal verification and the highest level of security. The article also mentions two associated $1 million prize initiatives: the Proximity Prize and the Poseidon Initiative.

Похожее

Earning 1000 Trillion in Half a Year, 'Pocketing' 20 Million per Capita: This Round of Wealth Creation in the Korean Stock Market is Unprecedented in Scale

The South Korean stock market is experiencing an unprecedented wealth surge in 2026, with household equity and fund asset values soaring by over 1,000 trillion KRW (~$730bn) year-to-date. This translates to an average per capita wealth increase of roughly 20 million KRW, fueled by a historic 109% rally in the KOSPI index. The boom is driven by three converging forces: an AI-driven semiconductor supercycle boosting giants like Samsung and SK Hynix; the government's "Value-Up" market reforms addressing long-standing corporate governance issues; and aggressive real estate regulations that have locked capital within financial markets, preventing profits from flowing back into property. This has triggered a wealth effect, boosting high-end consumption significantly. However, the gains are highly concentrated. The two semiconductor behemoths account for over half the index's value, but retail investors own relatively low stakes in them, systematically missing the biggest rallies. Wealth and consumption benefits are skewed towards luxury goods and imported cars, bypassing mainstream retail. Further risks stem from excessive leverage, with high trading volume in leveraged ETFs, and a market sentiment heavily reliant on the AI sector's fortunes and speculative rumors. While this cycle marks a potential shift from real estate to equities as a primary wealth generator for Koreans, its sustainability, amid structural imbalances and leverage, remains a critical test.

marsbit7 мин. назад

Earning 1000 Trillion in Half a Year, 'Pocketing' 20 Million per Capita: This Round of Wealth Creation in the Korean Stock Market is Unprecedented in Scale

marsbit7 мин. назад

Behind ZEC's Over 30% Plunge: An 'Unlimited Minting' Vulnerability with No Way to Prove if It Was Ever Exploited

A critical vulnerability was discovered in Zcash's Orchard privacy pool, allowing for the theoretical creation of undetectable counterfeit ZEC. Researcher Taylor Hornby found the flaw on May 29th, 2024, within the Orchard circuit's cryptographic constraints, which could let an attacker bypass asset conservation rules. Although a rapid emergency fix was deployed within days via a coordinated soft and hard fork, a core uncertainty remains: due to Orchard's privacy features, it is impossible to cryptographically prove whether this "unlimited mint" flaw was exploited in the nearly four years since the pool's 2022 launch. This uncertainty, rather than the patched flaw itself, triggered a market panic, causing ZEC's price to drop over 30%. While the Zcash Foundation stated no evidence of exploitation was found, independent entity Shielded Labs emphasized the impossibility of definitively proving no counterfeit ZEC was ever created. The incident highlights the unique trust challenge in privacy systems. To address this, developers are proposing a new network upgrade with enhanced auditing to allow verifiable proof of supply integrity. Notably, the researcher utilized the newly released AI model Claude Opus 4.8 as a tool during the security review, signaling the growing role of advanced AI in uncovering complex cryptographic vulnerabilities.

marsbit10 мин. назад

Behind ZEC's Over 30% Plunge: An 'Unlimited Minting' Vulnerability with No Way to Prove if It Was Ever Exploited

marsbit10 мин. назад

imToken's 10th Anniversary Unveils Strategic Direction for the Next Decade: Evolving from a Trusted Main Wallet to a Personal Digital Hub

On its tenth anniversary, decentralized wallet imToken announced its strategic vision for the next decade: evolving from a "trusted main wallet" into a "personal control interface." This new direction aims to help users manage not only digital assets but also identity, permissions, and AI agent actions in an increasingly open and intelligent internet. imToken outlined that while the past decade focused on Store, Send, and Stake—securing assets, enabling transfers, and facilitating network participation—the future introduces a fourth core proposition: Sign. This expanded concept goes beyond transaction signing to encompass expressing intent, granting permissions, setting rules, delegating actions, and revoking authorizations. As AI agents gain autonomy, imToken emphasizes the need for clear, verifiable, and revocable user control over their actions. CEO Ben He stated that imToken's mission is shifting from enabling ownership of digital assets to ensuring user sovereignty over their entire digital world in the AI era. The company's core principle has been upgraded from "Digital Assets, Under Your Control" to "Your Digital World, Under Your Control." Future development will focus on three areas: upholding self-custody principles, extending security from transactions to authorizations and automated actions, and building product capabilities for managing permissions, delegations, policies, and revocations. imToken views the wallet's role as expanding into a trusted control interface for human-AI collaboration, where managing keys, signatures, and permissions forms the infrastructure for personal digital sovereignty. Founded in 2016, imToken serves millions of users across 150+ countries, providing non-custodial wallet services supporting over 50 blockchain networks.

marsbit11 мин. назад

imToken's 10th Anniversary Unveils Strategic Direction for the Next Decade: Evolving from a Trusted Main Wallet to a Personal Digital Hub

marsbit11 мин. назад

With 300 Million Financing to Accumulate ETH, the Hidden Concerns Behind BitMine's High-Yield Preferred Shares

BitMine, led by Thomas Lee, plans to raise up to $300 million through an initial public offering of 3 million shares of perpetual Series A preferred stock on the NYSE (ticker: BMNP). The stock offers a fixed 9.5% annual dividend. The funds are intended to further the company's accumulation of Ethereum, expand its staking node operations, and for general corporate purposes. This move comes as BitMine faces significant challenges. Its massive Ethereum holdings, over 5.3 million ETH (roughly 4.5% of circulating supply), are currently at an unrealized loss exceeding $8.5 billion due to the crypto market downturn. The company's core business model relies on staking these ETH holdings to generate yield, which it presents as the primary means to cover the new, substantial annual dividend obligation of approximately $28.5 million if the offering is fully subscribed. While the model is similar to MicroStrategy's bitcoin-focused strategy of using capital markets to fund crypto acquisitions, BitMine's product differs with its fixed, non-adjustable dividend rate. The company acknowledges risks, stating dividend payments could also come from cash reserves, asset sales, or future financing, and warns that staking yields may underperform or be illiquid during market stress. The 9.5% fixed rate reflects the higher risk premium demanded from investors for a company heavily exposed to Ethereum's volatility.

Foresight News14 мин. назад

With 300 Million Financing to Accumulate ETH, the Hidden Concerns Behind BitMine's High-Yield Preferred Shares

Foresight News14 мин. назад

A Year of Observing Agent Payments: The Cold Reality Behind the Hot Narrative

A Year in Agent Payments: The Cold Reality Behind a Hot Narrative This article examines the current state of "Agent payments," a year after it became a major trend at the intersection of AI, payments, and crypto. Despite significant investments from major players like Stripe, Visa, and Google, the author—having built products and spoken with merchants and developers—finds genuine, large-scale demand still lacking. Key findings across several hyped scenarios reveal structural challenges: * **Agent-to-Merchant Commerce:** For most product categories (e.g., clothing, electronics), AI shopping via chat is inferior to traditional visual e-commerce. Merchant interest is largely defensive, focused on future-proofing rather than current consumer demand. True potential exists only in specific, high-frequency/low-decision scenarios (like food orders) or for simplifying broken checkout experiences, but these require massive consumer distribution, favoring incumbents. * **Agent-to-API/Machine Commerce:** While stablecoin micropayments are touted for API calls, developers already solve small-value payments via prepaid credits and subscriptions. Large SaaS providers prefer enterprise contracts over fragmented micro-pricing. The market exists for long-tail services outside the top providers but is inherently smaller than the hype suggests. * **Agent-to-Agent Payments:** This remains a theoretical long-term vision with negligible real transaction volume. The core challenges—discovery, trust, negotiation, dispute resolution—are unsolved. While the potential for a new, high-speed settlement layer is real, it is not the current market. * **Agent Finance:** This is the sole area with existing, paying customers (fund managers, DeFi users). AI enhances real-time monitoring and autonomous rebalancing, offering real capability gains. However, competition favors established, regulated institutions with existing licenses and client relationships. The author concludes that the core deficiency in the Agent economy is not merely a payment layer, but a more complex **coordination** capability—figuring out how Agents and humans work together, verify task completion, and settle outcomes. Payment is just one component of settlement, which is itself part of coordination. For large companies, investing now is a defensive, long-term bet with minimal cost. For startups, however, the imperative is to find markets that exist today, not wait for a future wave that remains on the horizon.

marsbit16 мин. назад

A Year of Observing Agent Payments: The Cold Reality Behind the Hot Narrative

marsbit16 мин. назад

Торговля

Спот
Фьючерсы

Популярные статьи

Manyu: восходящая мем-звезда на Ethereum, готовая открыть новую эру культуры Shiba

Manyu - это мемтокен на Ethereum, который приносит децентрализованную культурную и развлекательную ценность через вирусное влияние в соцсетях и вовлечённость сообщества.

1.9k просмотров всегоОпубликовано 2025.11.27Обновлено 2025.11.27

Manyu: восходящая мем-звезда на Ethereum, готовая открыть новую эру культуры Shiba

Неделя обучения по популярным токенам 14: Glamsterdam — самое ожидаемое обновление Ethereum в 2026 году

Ordinals/Runes по-прежнему стимулируют доходы от комиссий за блоки и активность разработчиков, рассматриваются как отправная точка «нативной эмиссии активов» в сети.

1.5k просмотров всегоОпубликовано 2026.04.29Обновлено 2026.04.29

Неделя обучения по популярным токенам 14: Glamsterdam — самое ожидаемое обновление Ethereum в 2026 году

Обсуждения

Добро пожаловать в Сообщество HTX. Здесь вы сможете быть в курсе последних новостей о развитии платформы и получить доступ к профессиональной аналитической информации о рынке. Мнения пользователей о цене на ETH (ETH) представлены ниже.

活动图片