NIST Post-Quantum Cryptography Standardization refers to a program initiated by the National Institute of Standards and Technology (NIST) to develop and promote standards for cryptographic algorithms that are secure against the potential threats posed by quantum computers. As quantum computers advance, they have the potential to break many of the widely used cryptographic algorithms that are currently in use, such as RSA and ECC (Elliptic Curve Cryptography).

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NIST Post-Quantum Cryptography Standardization by Ciro Santilli 37 Updated +Created
This post-quantum cryptography competition by NIST is a huge milestone of the field.
It was mind blowing when in 2022, after several years of selection, one of the 7 finalists was broken on a classical computer, not even in a quantum computer! news.ycombinator.com/item?id=30466063 | eprint.iacr.org/2022/214 Breaking Rainbow Takes a Weekend on a Laptop by Ward Beullens. Dude announced he had a break a few days before submission: twitter.com/WardBeullens/status/1492780462028300290 On Twitter. He's so young. Epic.
Edit: and then, after the third round, things were a bit unclear, so they made a fourth round with 4 choices out of the 7 from round 3, and in August 2022 one of the four was broken again on a classic CPU!!! OMG: arstechnica.com/information-technology/2022/08/sike-once-a-post-quantum-encryption-contender-is-koed-in-nist-smackdown/