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Crypto

Coinbase CEO says bitcoin not under immediate quantum threat but preparations should speed up

Bitcoin is not facing an immediate threat from quantum computers, but the industry should start preparing now, Coinbase CEO Brian Armstrong said. He unveiled the launch of the Bitcoin Security Consortium, which includes Coinbase, BlackRock, Fidelity Digital Assets, Block, Blockstream and Strategy. Coinbase is developing a quantum-resistant key management system and plans joint sessions from August with Bitcoin Core developers, cryptographers and researchers to discuss migration strategies.

Crypto

Bitcoin may shake off \'Q-Day\' fears as quantum roadmap becomes rebound catalyst

Bitcoin could rise by double digits if its developers present a clear roadmap to counter quantum-computing threats, according to Capriole Investments founder Charles Edwards. He said markets could quickly reprice the risk if Bitcoin Core outlines steps within months. Debate continues over moving to quantum-resistant cryptography, with some warning changes could clash with Bitcoin’s philosophy. Edwards estimates Bitcoin trades about 40 percent below fair value, with quantum risk accounting for a 30 percent discount.

Crypto

Hoskinson says quantum computing threat could challenge bitcoin\'s top spot

Charles Hoskinson (찰스 호스킨슨), founder of Cardano, said the threat from quantum computing could test bitcoin\'s ability to coordinate upgrades and ultimately shake its status as the world\'s largest cryptocurrency. He argued that Cardano\'s official on-chain governance and ability to execute upgrades can respond better to such existential technological threats. Hoskinson said it is very difficult to change bitcoin because time has stopped for it.