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Is there any functional difference on how this process is conducted? One likely difference is the intended end goal. The intended result of the AES process was to approve exactly one proposal, and that is what they did. In contrast, they are likely to approve at least two proposals (both for kem/public key encryption, and the signature side of things, so ...


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I don't know if I can comment authoritatively (I did not notice the difference in verbiage), but the NIST PQC process has been roughly the same format as the AES competition. Namely, an open call for proposals, with candidates being progressively "filtered" out through several (actually three, the same as the AES competition) "rounds" of ...


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