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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.
Coinbase
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.
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