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Coinbase Prepares Post-Quantum Security Strategy for $250 Billion in Assets

Unchained ·

Coinbase is developing flexible post-quantum safeguards to protect assets against potential future quantum computing threats. Yehuda Lindell, head of cryptography at Coinbase, noted that the firm is preparing for various signature schemes across different blockchains. As the exchange manages $250 billion in institutional assets, it is refining its Multi-Party Computation (MPC) procedures, though experts express concern that some post-quantum standards may not be compatible with current off-chain MPC setups.

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Summaries are written by AI from the original article. Not investment advice.

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