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Coinbase Outlines Ways To Protect Bitcoin From Quantum Attacks

Coinbase Outlines Ways To Protect Bitcoin From Quantum Attacks

Coinbase Outlines Ways To Protect Bitcoin From Quantum Attacks
Coinbase Outlines Ways To Protect Bitcoin From Quantum Attacks

Cryptocurrency exchange Coinbase Global (NASDAQ: $COIN) has proposed ways to protect Bitcoin (CRYPTO: $BTC) from future attacks by powerful quantum computers.

In a new technical paper, Coinbase urges Bitcoin developers to begin preparing for quantum computing threats, warning that upgrading the crypto’s security could take years.

Coinbase says that Bitcoin could gradually adopt quantum-resistant digital signatures while protecting existing wallets and investors’ holdings.

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The exchange, which holds approximately 5% of all existing Bitcoin in custody, calls for flexible transaction designs,…

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