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Coinbase Assembles Experts to Study Quantum Impact on Crypto

Key Takeaways

  • Coinbase created an independent board to study how quantum computing could affect blockchain security and encryption;
  • The board includes experts from academia, the Ethereum ecosystem, and Coinbase;
  • The first paper, expected in 2027, will outline quantum risks, while Coinbase upgrades its systems to prepare for future threats.

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Coinbase Assembles Experts to Study Quantum Impact on Crypto

Coinbase $1.43B has set up an independent group to study how quantum computing could influence the security of digital currencies such as Bitcoin BTC $89,248.01 and Ethereum ETH $2,948.23 .

In the company's blog post published on January 21, Coinbase said the advisory board will include researchers and specialists in cryptography, blockchain security, distributed systems, and quantum computing.

The members come from both universities and the crypto industry, including experts from the Ethereum ecosystem and Coinbase.

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The board’s goal is to publish studies explaining how progress in quantum technology could affect existing blockchain networks. It will also prepare recommendations for developers, organizations, and everyday users.

Coinbase said the board will react to major scientific advances with its own independent reports and evaluations.

According to the company, the group will not be directed by Coinbase’s management. Instead, it will act as an external body that shares open research with the public.

Its first detailed paper is expected in early 2027 and will describe the main risks quantum computing poses to current encryption methods.

At the same time, Coinbase plans to continue improving its systems, including how Bitcoin addresses are managed and how private keys are protected. The firm is also investing in research on cryptographic standards designed to resist future quantum threats.

A recent Coinbase Institute report stated that today’s main financial gap is between those with access to capital markets and those without. What does the report cover? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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