Coinbase Launches Bitcoin Security Consortium to Shield $2T Network From Quantum Threats

2 weeks ago 5

Rommie Analytics

Key Takeaways:

  • Coinbase has announced the establishment of the Bitcoin Security Consortium along with BlackRock, Fidelity, Block and other industry leaders.
  • The project aims to research and develop open-source Bitcoin to help prepare for future quantum computer threats.
  • Coinbase will also be implementing post-quantum cryptography and supporting Bitcoin developers with their custody upgrades.