Coinbase Advisory Committee: Quantum Computing Threat Approaches, Crypto Industry Needs to Formulate Response Plan
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Summary
Coinbase warns of quantum computing threat to crypto security, calls for industry to formulate respo
BroadChain has learned that at 23:30 on April 21, according to CoinDesk, a 50-page research report released by Coinbase's Global Advisory Council pointed out that although current blockchain systems are currently secure, the possibility of the emergence of "fault-tolerant quantum computers" capable of cracking widely used encryption technologies is increasing. The encryption industry must start preparing countermeasures now.