Coinbase Warns Bitcoin Quantum Upgrade Could Take Years, Here Is Its Plan
Photo: CoinCentral
TLDR Coinbase told Bitcoin developers to start preparing for quantum computing threats in an October 13 technical paper. The company said upgrading Bitcoin’s security could take several years. Coinbase backed flexible designs such as BIP-360 and P2TRv2 for adding new signature systems. It proposed hybrid wallets that support both current and post-quantum keys. Coinbase said debates over lost and dormant coins should be kept separate from the technical work. Coinbase has urged Bitcoin developers to start preparing for quantum computing threats. The company shared its views in a technical paper on October 13.
Source: CoinCentral
