Coinbase CEO Says Quantum Computing 'Solvable Issue' for Crypto
Coinbase CEO Brian Armstrong stated that quantum computing will not break blockchain technology, calling it a “very solvable issue.” Coinbase has established a quantum advisory council and is working with major blockchains to upgrade cryptographic standards in preparation for future advances in quantum computing. Current quantum computers are not yet capable of breaking widely used public-key cryptography, but updating encryption across decentralized networks could take years. Industry leaders, including researchers and advisory boards, are assessing quantum-related risks and outlining migration strategies to post-quantum cryptography. Initiatives such as Ethereum prioritizing quantum-resistant security, Solana testing quantum-resistant signatures, and Bitcoin proposals to strengthen key protections show industry-wide focus on the issue. Armstrong also addressed U.S. crypto legislation, highlighting negotiations over market structure, stablecoin rewards, and stating that Coinbase’s concerns encourage constructive lawmaking. He expressed optimism about finding a legislative compromise.
