Coinbase Research: Quantum Computing Threatens Bitcoin Security Model
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 07 2026- Security Risk Analysis: Coinbase's head of investment research, David Duong, highlights that quantum computing could undermine Bitcoin's cryptographic signatures through Shor's and Grover's algorithms, potentially allowing private keys to be stolen and compromising user fund security.
- Mining Efficiency Threat: The computational power of quantum computers may significantly enhance the efficiency of Bitcoin block mining, disrupting the economic model of Bitcoin and affecting miner profitability.
- Technological Development Outlook: Although quantum computing is seen as a threat to Bitcoin, Duong believes that current technology is not yet capable of immediately impacting Bitcoin's cryptographic security, emphasizing the need for future migration paths.
- Divergent Industry Views: In the debate over quantum computing threats, skeptics argue that the risk remains decades away, while proponents advocate for immediate measures to ensure network security.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
