Ethereum $2,488.87Vitalik Botter, one of the founding partners of the founding partners, invited researchers to participate in the Poseidon crypto analysis program to increase the efficiency of the network. He emphasized the importance of studies to examine the safety features of a new Hash function that can be used on Eth Blockchain.
Participation of Researchers
He said that the Poseidon function can be applied in order to increase ZK-Prover efficiency. This step, which is related to Ethereum’s efforts to progress in scalability and privacy issues, points to the importance of researching the security features of researchers in detail.
Vitalik Botterin: “More information about the safety features has a high value.”
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Poseidon offers a algebraic structure by using collection and multiplication in finite areas instead of traditional bit transactions. This function is optimized specifically for zero information proof systems and has the potential to increase efficiency in systems such as Snarks, Starks and Bulletproofs. Detailed analysis of the method to be selected to strengthen the technological infrastructure is expected to be done.
Community criticism
In the community, different views on the Poseidon Hash function were also expressed. YE ZHANG, known in the field of Blockchain technologies and cryptography, said that there may be significant restrictions in this transition process. Zhang drew attention to the risks of the function to be dependent on certain prime areas and to slow down in terms of performance.
Ye Zhang: “Poseidon’s dependence on certain prime areas may restrict flexibility and cause performance problems.”
Vitalic Botter emphasized that comprehensive research should be done before potential update, thus making Ethereum a balanced progress between security, productivity and compliance. Within the scope of the project, researches will be carried out within the framework of an extended program that will last until March 15th.
The strategy that Ethereum steps at this stage is evaluated in parallel with the efforts to strengthen the technological infrastructure. While the new approach is expected to progress in the light of different opinions and criticisms, the decisions to be made will be based on comprehensive analyzes.
Developments are capable of shaping Ethereum’s future application areas and adaptation processes, and it is important to evaluate different technical alternatives with the progress of research.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
