Coinbase Hosts Post-Quantum Bitcoin Seminar to Discuss Asset Migration Solutions

Coinbase, in collaboration with Stanford University cryptography professor Dan Boneh and Localhost Research, held a closed-door post-quantum Bitcoin seminar at Stanford University. The event brought together Bitcoin developers, cryptography experts, researchers, institutional custodians, and hardware wallet specialists to discuss the technologies and migration strategies for Bitcoin in response to the threats posed by quantum computing. The seminar assessed the development of quantum computing, post-quantum cryptography, and post-quantum signature schemes applicable to Bitcoin, as well as Ethereum's anti-quantum planning and the practical requirements of institutional custody services. Participants emphasized that establishing thoroughly tested response strategies in advance is more important than predicting when quantum computing will pose a threat. Although quantum computing does not yet represent an urgent crisis, the earlier research and coordination occur, the better we can avoid rushed network upgrades and asset migrations in the future. Currently, there is no consensus on post-quantum solutions, and various proposals involve trade-offs in terms of security, transaction data volume, hardware performance, key management, and user migration difficulty. Attendees believed that Bitcoin's anti-quantum measures must consider how individual users, institutional custodians, wallets, and hardware devices generate, store, back up, and migrate keys and assets.

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