Coinbase highlights Algorand, Aptos’ work to mitigate quantum threat

Coinbase’s quantum advisory board says quantum computing isn’t yet a threat, but has urged for upgrade work to begin, with some blockchains being less prepared than others.

Coinbase’s quantum researchers have highlighted Algorand and Aptos’ work to prepare their networks for potential threats from quantum computing in a report on Tuesday, as they warned that other proof-of-stake chains may be more vulnerable to attacks.

Coinbase’s Independent Advisory Board on Quantum Computing and Blockchain released a paper outlining the threat that quantum computers pose to blockchains and suggested ways to prepare networks for the technology.

“A sufficiently powerful quantum computer could one day break the cryptography that secures digital assets across major blockchains,” Coinbase said. “The board has high confidence this type of machine will eventually be built.”

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