Policy·October 14, 2026 at 1:44 AM EDT·2 sources
Coinbase, which holds 5% of all bitcoin, wants the quantum fix started now
COIN -2.7%
COIN · last 30 trading days-9.5% since the news
News
What happened
- Coinbase says Bitcoin should begin preparing now for a multi-year migration to quantum-resistant cryptography.
- Its proposals include flexible addresses, a backup quantum-proof key, and requirements involving block space and custody.
- Coinbase called for a separate debate over how to handle lost or dormant coins.
Coinbase’s share of all bitcoin
5%
Why it matters
The proposal could affect Bitcoin custody, address design, block-space demand and the treatment of dormant holdings. It is relevant to crypto-market participants and financial professionals monitoring digital-asset infrastructure and risk.
What to watch. Bitcoin’s future debate over the migration process and the treatment of lost or dormant coins.
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Timeline
- First reported by CoinDeskOct 14Coinbase, which holds 5% of all bitcoin, wants the quantum fix started now
- Decrypt reportsOct 14'It Can Take Years': Coinbase Presses for Bitcoin Quantum Migration to Start Now
Who is involved
Coinbase, which holds 5% of all bitcoin, wants the quantum fi…CoinbaseCOINBitcoin
Company
Sources (2)
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