Coinbase advisory board says quantum computing threat is on the horizon, crypto needs a plan - CoinDesk
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Coinbase advisory board says quantum computing threat is on the horizon, crypto needs a plan CoinDesk
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Coinbase advisory board says quantum computing threat is on the horizon, crypto needs a plan
The 50-page paper concludes that while today’s blockchains remain secure, a future “fault-tolerant quantum computer” capable of breaking widely used encryption is increasingly plausible, and preparation must begin now.
By Margaux Nijkerk|Edited by Sheldon Reback
Apr 21, 2026, 11:00 a.m.
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Coinbase CEO Brian Armstrong (CoinDesk)
What to know:
A Coinbase-backed report warns that while quantum computers aren’t an immediate threat to crypto, the industry must start preparing now for a future where they could break current encryption.
Although post-quantum solutions exist, switching will be complex and costly, pushing major crypto ecosystems like Ethereum and Solana to begin exploring gradual transition strategies.
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