Coinbase forms board to assess quantum computing risks to blockchain

The independent advisory board, comprising researchers and industry experts, plans to publish papers on digital-security risks and guidance for developers, organizations and users.

Coinbase has formed an independent advisory board to assess how advances in quantum computing could affect the cryptography used by major blockchain networks, including Bitcoin and Ethereum.

In a Wednesday blog post, Coinbase introduced the advisory board formed by experts in quantum computing, cryptography, distributed systems and blockchain security from academia and industry, including senior researchers from major universities, the Ethereum ecosystem and Coinbase.

The board will publish public papers assessing the state of quantum computing and its implications for blockchain systems, issue guidance for developers, organizations and users and respond to major advances in quantum technology with independent analysis.

Read more