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Cryptocurrency News Articles

The application deadline for the Poseidon Grant Program has been extended. What are the considerations behind this?

Feb 26, 2025 at 05:53 pm

The Ethereum Poseidon funding program has extended the deadline. Due to technical difficulties, the need to attract talents, improve quality, and deal with interference, it also meets the pace of migration, promotes international cooperation and explores new directions.

The application deadline for the Poseidon Grant Program has been extended. What are the considerations behind this?

Technical difficulty and complexity

The Poseidon hash algorithm is used to optimize the friendliness of zk - prover. Its technology is complex and difficult to study. Extending the deadline will give researchers more time to overcome technical problems, explore the security attributes of algorithms in depth, and provide more solid technical support for Ethereum migration.

Attract more researchers to participate

The original deadline may have limited the participation of some researchers. After the extension, more potential participants can understand and participate in the program, gather wisdom from all parties, expand the scope of research, dig out more information about the Poseidon hash algorithm, and promote the comprehensive development of research.

Improve research quality

Adequate time allows researchers to plan research plans more carefully, collect data, and conduct multiple rounds of verification. The research process is not hastily and can produce higher quality results, providing a more accurate basis for the security and feasibility of Ethereum's migration of Poseidon hash.

Respond to external interference

During the planning progress, external factors may occur, such as sudden industry trends, global events, etc. Extending the deadline can deal with these unforeseeable situations, ensuring that research work is not interrupted by external interference, and allowing researchers to focus on research.

In line with the pace of Ethereum migration

Moving Ethereum to Poseidon hash is a major decision and needs to be consistent with the overall project pace. Extending the deadline matches Poseidon research with the Ethereum migration plan timeline, ensuring adequate research is completed before migration and reducing migration risks.

Promote international cooperation and exchanges

The Poseidon funding program attracts global researchers, and extending the deadline will help research teams in different countries and regions coordinate time and carry out international cooperation and exchanges. The collision of different cultural and academic backgrounds can generate more innovative ideas and improve the depth and breadth of research.

Give new research directions space to explore

During the research process, new research directions and ideas may emerge. Extending the deadline allows researchers to have time to explore these new directions, tap into more potential value of Poseidon hashing and enrich research results.

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Other articles published on Feb 27, 2025