Coinbase Forms Advisory Committee to Address Quantum Computing Risks

The cryptocurrency exchange has created an independent group to assess and prepare for security challenges that may arise from advances in quantum computing technology.

Summary

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Terms & Concepts
  • Quantum computing: A field of computing that uses quantum-mechanical phenomena to perform operations, potentially capable of breaking traditional cryptographic security.
  • Cryptocurrency exchange: A platform allowing users to buy, sell, and trade digital currencies like Bitcoin and Ethereum.