The Ethereum Foundation has established a dedicated post-quantum security team to tackle potential threats from quantum computing. Led by cryptographic engineer Thomas Coratger, this initiative marks a significant shift in the foundation's strategic priorities, as highlighted by senior researcher Justin Drake. The team aims to enhance the network's defenses against upcoming quantum risks, with a $1 million Poseidon Prize introduced to reinforce a key hash function relevant to Ethereum's zero-knowledge proof systems. This follows a similar $1 million Proximity Prize for broader cryptographic research announced last year. Development efforts are already underway, with multi-client post-quantum consensus networks like Lighthouse and Grandine in operation. A series of biweekly sessions on post-quantum transactions will kick off next month, led by researcher Antonio Sanso. The push for quantum preparedness aligns with recent moves in the industry, such as Coinbase's formation of an independent advisory board to assess quantum risks. Vitalik Buterin's recent outline of the "walkaway test," which emphasizes the necessity of quantum resistance for Ethereum's future, highlights the urgency of these initiatives. With a predicted emergence of capable quantum computers by 2030, Ethereum's proactive stance could offer a clearer path for migration compared to Bitcoin, which may face more contentious updates.