Ethereum Makes Major Cryptography Pivot to Prepare for Quantum Era

ETH

ETH/USDT

$1,881.06

-0.02%

$1,881.06

-0.02%

(24s)

24h Volume

$1,773,989,015.48

24h H/L

$1,886.58 / $1,876.01

Change: $10.57 (0.56%)

Long/Short

66.6%

Long: 66.6%Short: 33.4%

Funding Rate

+0.0044%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,880.72

▼ -0.10%

Volume (24h): -

Resistance Levels

Resistance 3$2,047.57

Resistance 2$1,932.92

Resistance 1$1,886.53

Price$1,880.72

Support 1$1,878.64

Support 2$1,838.57

Support 3$1,792.11

Pivot (PP):$1,881.75

Trend:Sideways

RSI (14):50.7

BeInCrypto Editorial

(08:38 AM UTC)

1 min read

Reviewed byJames Mitchell

0 comments

The Ethereum Foundation is abandoning the Poseidon hash function on its base layer, moving to options like SHA or BLAKE, according to researcher Justin Drake.

The shift reshapes the network’s long-term plan to resist future quantum computers. Drake announced the decision on August 13, calling it the conclusion of an eight-year research effort.