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A comment on TL;DR – Hybrid Public Key Encryption. Parent comment

Re:TL;DR – Hybrid Public Key Encryption by simonpure on Monday February 28, 2022 @07:58AM (#30499327)
Yes, it's an effort to standardize and future proof.

Cloudflare's post [0] has some more background information.

[0] https://blog.cloudflare.com/hybrid-public-key-encryption/

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