Bitcoin Must Prepare for Quantum Threat Now, Coinbase Says
60-second summary
Coinbase's quantum advisory council warns that crypto developers should start post-quantum migration work immediately, citing unresolved vulnerabilities in abandoned and existing coins that could pose a significant threat to Bitcoin. The council emphasizes the urgency of addressing these issues to ensure the long-term security of the cryptocurrency, highlighting a pressing need for swift action.
Coinbase's quantum advisory council says crypto developers should begin post-quantum migration work now, warning that unresolved questions around abandoned and vulnerable coins could become one of Bitcoin's biggest battles.