Coinbase releases quantum computing research paper; crypto industry needs to prepare for security upgrades in advance.

According to Mars Finance, Coinbase's Independent Advisory Committee on Quantum Computing and Blockchain released its first position paper, stating that sufficiently powerful quantum computers may one day break the encryption mechanisms used by mainstream blockchains to protect digital assets. However, such devices do not currently exist, and crypto assets remain secure. The industry should begin preparing for quantum-resistant upgrades now. The document points out that Bitcoin mining, hash functions, and on-chain history pose no substantial risk; the main vulnerability lies in digital signatures at the wallet layer. Ethereum has proposed a relatively clear migration roadmap, and Solana, Algorand, and Aptos have also begun offering or planning quantum-resistant solutions.