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Coinbase, which holds 5% of all bitcoin, wants the quantum fix started now
Publication: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Authors: Omkar Godbole, AI Boost
Source published: 14/10/2026, 05:44:51 UTC
Briefing created: 25/10/2026, 02:50:42 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 14/10/2026, 12:24:25 UTC.
Briefings
Coinbase, the world's largest Bitcoin holder, announced it requires Bitcoin to begin preparing for quantum computing attacks immediately. This includes implementing flexible addresses, a backup quantum-proof key, and a separate discussion on lost coins. The company states this is urgent because quantum computers could theoretically break current encryption, threatening the security of the Bitcoin network.
Key points
- Coinbase requires Bitcoin to start preparing for quantum attacks immediately, including flexible addresses and a backup quantum-proof key.
- The company notes that quantum computers could theoretically break current encryption, threatening the security of the Bitcoin network.
Context
Coinbase, the world's largest Bitcoin holder, announced it requires Bitcoin to begin preparing for quantum computing attacks immediately. This includes implementing flexible addresses, a backup quantum-proof key, and a separate discussion on lost coins. The company states this is urgent because quantum computers could theoretically break current encryption, threatening the security of the Bitcoin network.
Limitations
Evidence is limited to Coinbase's statement; no specific dates, numbers, or expert opinions are provided. The article does not specify the exact timeline for implementation or the current status of the Bitcoin network's security against quantum threats.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 25/10/2026, 02:50:42 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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