Coinbase, Holder of 5% of All Bitcoin, Urges Immediate Action on Quantum Threat
Key Highlights: Bitcoin relies on ECDSA and Schnorr signature schemes, which are secure against classical hardware but vulnerable to future quantum computing decryption. Google researchers estimate that a cryptographically relevant quantum computer (CRQC) capable of breaking public key cryptography could emerge by 2029. Coinbase warns that implementing post-quantum cryptography requires addressing network data limits, protecting ...
