BITCOIN AND ETHEREUM NEED A POST-QUANTUM PLAN NOW, COINBASE SAYS
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✍️ A new position paper from the Coinbase Independent Advisory Board argues that crypto's quantum threat is not immediate, but the migration work can no longer be treated as a distant problem. The report recommends that Bitcoin, Ethereum, and the broader blockchain sector should be building post-quantum roadmaps now.
👉 The report argues that the threat of quantum computing is not imminent, but migration work should start now. 👉 Post-quantum protection is needed at both the consensus and execution layers. 👉 Migrations should be planned for and prepared now. 👉 Practical mitigation ideas include commit-reveal approaches and hash-based signatures.
-- #ScottAaronson #DanBoneh #JustinDrake #SreeramKannan #YehudaLindell #DahliaMalkhi #technology
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