Largest U.S. Crypto Exchange Warns of Quantum Computing Threat to Cryptocurrencies
The largest U.S. crypto exchange, Coinbase, has issued a warning about the potential threat quantum computing poses to cryptocurrencies like Bitcoin and Ethereum. This follows a similar warning from Google, which stated that a quantum computer could crack a Bitcoin transaction in about nine minutes. The advisory board formed by Coinbase emphasizes the need for the industry to prepare for future quantum advancements.
Topics: Bitcoin Coinbase cryptography Google quantum computing security