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Coinbase proposes quantum-resistant Bitcoin signatures that could increase signature data tenfold

Coinbase outlines a plan for quantum-safe Bitcoin addresses and signatures, including a draft scheme where stateless signatures reach 5,777 bytes.

Why it matters

If adopted, quantum-resistant signatures would significantly increase Bitcoin transaction sizes and require new address formats, affecting node operators, wallet developers, and custody providers. The timeline and specific standards remain undecided.

Key facts

Brian Armstrong called for industry preparation and collaboration on quantum-resistant Bitcoin on October 20

Reported by CryptoSlate

The SHRINCS draft signature scheme specifies a stateless signature size of 5,777 bytes

5,777 bytesReported by CryptoSlate

SHRINCS stateful signatures range from 548 to 4,619 bytes with a 48-byte public key

Reported by CryptoSlate

Coinbase established a quantum advisory board in January featuring Scott Aaronson, Dan Boneh, and Justin Drake

Reported by Bankless

Coinbase proposes separating address containers from signature methods to support future cryptographic changes

Reported by Bankless

BIP-360 (P2MR) and P2TRv2 are cited as potential quantum-resistant address designs

Reported by Bankless

What happened

Coinbase published a proposal for making Bitcoin resistant to quantum computing attacks. Brian Armstrong called for industry collaboration on October 20, building on an October 13 article by Shashank Agrawal. The draft SHRINCS signature scheme uses a 48-byte public key, stateful signatures of 548 to 4,619 bytes, and a stateless fallback of 5,777 bytes when signing state is unavailable. Coinbase began this effort in January with a quantum advisory board including Scott Aaronson, Dan Boneh, and Justin Drake, and in July joined BlackRock, Fidelity, and Strategy in the Bitcoin Security Consortium pledging $15 million over three years. The proposal separates address containers from signature methods to allow future cryptographic upgrades, citing BIP-360 (P2MR) and P2TRv2 as potential address designs.

How the story developed

  1. Official statement

    Shashank Agrawal publishes Coinbase article on quantum-safe signatures

    Outlines requirements for signature schemes compatible with wallets, recovery, and custody servers

    CryptoSlate

  2. Official statement

    Brian Armstrong calls for industry collaboration on quantum preparation

    Renews attention to recovery and signing-server requirements from Agrawal's article

    CryptoSlate

  3. First report

    First report by CryptoSlate

    Quantum-proof Bitcoin signatures would clog network nodes with 10x larger data

    CryptoSlate

  4. Update

    CryptoSlate reports on SHRINCS signature size implications

    Stateless fallback signatures of 5,777 bytes could increase signature data tenfold

    CryptoSlate

  5. Independent corroboration

    Independently corroborated by Bankless

    Coinbase's Plan for a Quantum-Safe Bitcoin

    Bankless

  6. Update

    Coinbase establishes quantum advisory board

    Board includes researchers Scott Aaronson, Dan Boneh, and Justin Drake

    Bankless

  7. Official statement

    Bitcoin Security Consortium launches with $15M pledge

    Coinbase joins BlackRock, Fidelity, and Strategy in three-year security research commitment

    Bankless

  8. Update

    Bankless publishes detailed analysis of Coinbase quantum-safe Bitcoin plan

    Covers address-container separation, BIP-360, P2TRv2, and migration strategy for existing coins

    Bankless

How coverage built up

Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.

21 Oct, 08:302 independent sources21 Oct, 17:24
  • 21 Oct 2026, 08:30 UTC: CryptoSlate — 1 independent source, 1 reports
  • 21 Oct 2026, 17:24 UTC: Bankless — 2 independent sources, 2 reports

Affected entities

Original sources

PublisherReportRolePublished
CryptoSlate
Crypto media
Quantum-proof Bitcoin signatures would clog network nodes with 10x larger dataOriginal
Bankless
Crypto media
Coinbase's Plan for a Quantum-Safe BitcoinIndependent