Woofun AI reports that Coinbase's Quantum Advisory Board has issued a directive for blockchain developers to immediately initiate preparations for quantum resistance migration. The advisory highlights that approximately 7 million BTC remain exposed to future quantum attacks due to public key exposure and address reuse, posing a significant risk to the Bitcoin network. Although current quantum computing capabilities cannot yet break blockchain encryption, the likelihood of such technology emerging as early as 2030 is considered high.

The report outlines three potential strategies for handling tokens that fail to migrate to quantum-safe addresses: permanently freezing or destroying them after a deadline, taking no action to let users decide, or implementing compromise measures such as limiting transaction volumes or allowing pre-commitment to migration.

Concurrently, the Ethereum Foundation has established a team to coordinate post-quantum security transitions, with Vitalik Buterin developing a roadmap in February.

Additionally, the Stellar Development Foundation announced its own user migration plan to quantum-safe encryption on Tuesday.