Coinbase CEO Brian Armstrong has stated that the threat posed by quantum computing to cryptocurrency is solvable, and the firm has activated a proactive response to address potential risks. He highlighted ongoing discussions with major blockchain partners about transitioning to a quantum-resistant cryptographic environment. According to Quantum Zeitgeist, Coinbase recently established a dedicated Quantum Computing Advisory Committee to assess potential risks over the coming years and develop concrete mitigation strategies. The committee aims to go beyond defensive measures by publishing research and disseminating real-time threat-response knowledge across the ecosystem.
Armstrong emphasized that regular discussions with key blockchain partners are focusing on transitioning to a quantum-resistant cryptographic environment. The move appears to be part of a broader effort to reassure investors amid rising concerns about quantum threats. The advisory group plans to issue security recommendations to relevant institutions and publish a roadmap aligned with the pace of technological evolution, while Coinbase continues to push for the adoption of Post-Quantum Cryptography to preserve asset security. Crypto industry insiders say that while quantum computing poses a genuine threat, blockchain technology is evolving to counter it, and Coinbase’s proactive stance could help reduce market uncertainty.
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