Coinbase Plans Post-Quantum Bitcoin Custody for Any Scheme
The exchange is building fallback hardware security modules and multi-party computation defenses to protect about $250 billion in institutional assets.
7 Articles
7 Articles
Coinbase plans post-quantum Bitcoin custody for any scheme
Coinbase has begun designing a post-quantum custody system intended to protect about $250 billion in institutional assets while supporting any new signature scheme adopted by Bitcoin or another blockchain. Coinbase prepares custody for several signature schemes MARA Foundation TV hosted…
How Coinbase Plans to Secure $250 Billion in Assets in a Post-Quantum World
If a cryptographically relevant quantum computer eventually becomes an active threat to Bitcoin’s security, Coinbase wants to have protections in place that are prepared for whatever direction Bitcoin and other digital assets take, according to Yehuda Lindell. In a recent appearance on MARA Foundation TV, the crypto exchange’s head of cryptography told host Isabel Foxen Duke that the company’s post-quantum safeguards are being designed to suppo…
Coinbase Builds Post-Quantum Bitcoin Custody Plan for $250B in Assets
Cryptocurrency exchange Coinbase is accelerating preparations for the post-quantum era of Bitcoin (BTC) safety amid growing sector fears. Several platforms are looking to protect assets if a quantum computer becomes powerful enough to break digital assets’ cryptography. Coinbase Maps Out New Fallback Architecture The exchange has set a goal to be prepared regardless of the […]
Coinbase prepares a custody architecture capable of adapting to different signature schemes if quantum computing threatens Bitcoin’s security. The company studies maintaining MPC as the first defense and resorting to hardware security modules if future post-quantity firms do not allow to divide the keys.
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