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‘We need to prepare’ for quantum computing

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‘We need to prepare’ for quantum computing

Quantum computing has long been a distant, theoretical threat to blockchain cryptography. But over the past few months, that calculus has shifted rapidly.

While the Bitcoin community has been debating threats to its protocol for the past year, the Ethereum community seems to be taking its first steps in 2026.

“Quantum computing is moving from theory into engineering,” said Thomas Coratger, who leads the Ethereum Foundation’s (EF) Post-Quantum (PQ) team. “That changes the timeline, and it means we need to prepare.”

Earlier in January, the EF formally elevated post-quantum security to a strategic priority, creating tjat dedicated PQ team to drive research, tooling and real-world upgrades to protect the network’s cryptographic foundations.

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At the same time, major industry players are building their own defenses: Coinbase announced an independent quantum advisory board staffed with leading cryptographers to guide long-term blockchain security planning, signaling that even custodial infrastructure must prepare for quantum-era risks.

And across the ecosystem, Optimism, which is one of Ethereum’s largest layer-2 networks, laid out a formal 10-year roadmap to transition its Superchain stack, from wallets to sequencers, toward post-quantum cryptography, committing to phase out vulnerable signatures and ensure continuity across layer-2 networks.

Together, these moves mark a noticeable shift: post-quantum security is no longer a fringe topic for the far future, but a live concern shaping development roadmaps, governance discussions and ecosystem coordination across Ethereum and beyond.

For the EF, the move toward post-quantum security isn’t about sounding an alarm, but it’s about not getting caught flat-footed.

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Coratger has spent the past year quietly working on post-quantum research within the EF, before the effort was formally announced this month. The creation of a dedicated team made public what had already become a growing concern internally: if quantum computers arrive sooner than expected, Ethereum needs to be ready well before that moment.

For now, the team is focused on Ethereum’s “consensus layer” — the part of the network that enables thousands of validators to agree on which transactions are valid and which blocks are added to the chain. Today, that system relies on cryptography that works well now, but could eventually be broken by powerful quantum computers.

One of the biggest challenges is replacing Ethereum’s current signature system, which efficiently bundles thousands of validator approvals.

“That system works incredibly well today,” Coratger said. “But the post-quantum alternatives don’t have the same properties. Figuring out how to make them work at Ethereum’s scale is a major challenge.”

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To address that, the foundation is building what it calls leanVM, a highly specialized piece of software designed to combine many post-quantum approvals into a single proof that can be added to the blockchain without overwhelming it. While the technology is complex under the hood, the goal is simple: keep Ethereum running smoothly even if the cryptography underneath it needs to change.

And this work is already happening in practice.

“We already have test networks running with post-quantum signatures,” Coratger said.

Importantly, Coratger stressed that Ethereum is not in immediate danger. That gap between how fast technology can change and how slowly decentralized networks can move is why the foundation is acting now. The aim is to ensure the transition is completed well before quantum computers become a real threat.

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“The worst-case scenario is that quantum computers arrive and we’re not ready,” Coratger said.

One thing that has stood out to Coratger over the past year is how quickly the underlying science is advancing.

“New breakthroughs are happening all the time,” he said. “Sometimes it’s hard to keep up.”

To keep up, the Ethereum Foundation is working closely with outside researchers and developers on post-quantum efforts.

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For Coratger, the takeaway is that post-quantum security has crossed an important threshold.

It’s no longer a distant thought experiment or a purely academic debate. For Ethereum, it’s becoming a long-term engineering project, one that will shape how the network evolves over time.

Read more: Ethereum Foundation makes post quantum security a top priority as new team forms

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Crypto World

CFTC Staff Share FAQ on Crypto Collateral

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CFTC Staff Share FAQ on Crypto Collateral

The US Commodity Futures Trading Commission has given more details on its expectations for the use of crypto as collateral amid a pilot program that the agency launched last year.

In a notice on Friday, the CFTC’s Market Participants Division and Division of Clearing and Risk responded to frequently asked questions that emerged from two staff letters issued in December that established a pilot allowing crypto to be used as collateral in derivatives markets.

The notice reminded futures commission merchants wanting to take part in the pilot that they must file a notice with the Market Participants Division “which includes the date on which it will commence accepting crypto assets from customers as margin collateral.”

The crypto industry has argued that crypto technology is best suited for 24-7 trading and instant settlement, and the CFTC’s guidance in December clarified what tokenized assets can be used as collateral, along with how to value them and calculate how much is needed for a trading position.

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CFTC aligns guidance with SEC

The CFTC made clear its guidance was to align with the Securities and Exchange Commission, as the two agencies work together on a regulatory framework for crypto.

The CFTC said that capital charges, the amount that must be held to cover losses, would be “consistent with the SEC” and that futures commission merchants should apply a 20% capital charge for positions in Bitcoin (BTC) and Ether (ETH), while stablecoins should get a 2% charge.

Source: Mike Selig

The notice added that futures commission merchants taking part in the pilot can only accept Bitcoin, Ether, or stablecoins for the first three months and must give prompt notice of any significant cybersecurity or system issues. They must also file weekly reports of the total crypto held across customer account types.

After the three-month period, other cryptocurrencies can be accepted as collateral and the reporting requirements will end.

Related: SEC interpretation on crypto laws ‘a beginning, not an end,’ says Atkins

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The notice also clarified that “only proprietary payment stablecoins may be deposited as residual interest in customer segregated accounts” and that futures commission merchants can’t accept other cryptocurrencies for that purpose.

The CFTC said that crypto and stablecoins cannot be used for collateral of uncleared swaps, but swap dealers can use tokenized versions of an eligible asset if it meets regulatory requirements and grants the holder the same rights in its traditional form.

Meanwhile, derivatives clearing organizations can accept crypto and stablecoins as initial margin for cleared transactions if they meet CFTC requirements regarding minimal credit, market, and liquidity risks.

Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026

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