Vitalik Buterin, co-founder of Ethereum 
$2,296, has invited researchers to participate in the Poseidon cryptographic analysis program aimed at improving the network’s efficiency. He emphasized the importance of examining the security features of a new hash function that could be utilized on the Ethereum blockchain.
Researcher Participation
Buterin indicated that the Poseidon function could enhance zk-prover efficiency. This move, linked to Ethereum’s efforts to advance scalability and privacy, highlights the necessity for researchers to conduct detailed examinations of security features.
Vitalik Buterin: “More information about security features holds high value.”
Poseidon offers an algebraic structure utilizing addition and multiplication operations over finite fields instead of traditional bit operations. This function is specifically optimized for zero-knowledge proof systems, holding potential for increased efficiency in systems such as SNARKs, STARKs, and Bulletproo...
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