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Coinbase Establishes Quantum Computing and Blockchain Independent Advisory Board to Address Future Quantum Threat

Coinbase Establishes Quantum Computing and Blockchain Independent Advisory Board to Address Future Quantum Threat

BlockBeats News, January 22nd, Coinbase announced the establishment of a Quantum Computing and Blockchain Independent Advisory Board to address future quantum threats. The Board brings together world-renowned experts with the goal of assessing the impact of quantum computing on the blockchain ecosystem and providing clear, independent guidance to the broader community. The Board will release a position paper on quantum risk, offer defense recommendations to developers and institutions, and provide real-time analysis of technical breakthroughs.

Coinbase stated that the Board is part of its post-quantum security roadmap, with other measures including updates to Bitcoin address handling, internal key management systems, and advancing support for post-quantum signatures like ML-DSA in multi-party computation (MPC) systems. The Board is expected to release its first position paper on quantum risk assessment and resilience roadmap early next year.

Board members include Scott Aaronson, Director of the University of Texas at Austin Quantum Information Center; Dan Boneh, Co-Director of the Stanford University Blockchain Research Center; Justin Drake, Researcher at the Ethereum Foundation; Sreeram Kannan, Founder of EigenLayer; Yehuda Lindell, Head of Cryptography at Coinbase; and Dahlia Malkhi, Distributed Systems expert at the University of California, Santa Barbara (UCSB).

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