Coinbase CEO: Quantum Computing Threat 'A Solvable Issue'

On the 19th, in an interview with CNBC, Brian Armstrong, CEO of major US cryptocurrency exchange Coinbase, refuted concerns that quantum computing could compromise blockchain security, stating it is 'a very solvable issue.' Armstrong explicitly said, 'It is not true that quantum computers will destroy blockchain.' He emphasized that Coinbase is actively taking measures, having established a Quantum Advisory Council to collaborate with major blockchains and advance the transition plans to 'post-quantum cryptography.' The council includes Professor Scott from the University of Texas...