Wu Blockchain has learned that the Coinbase Quantum Computing and Blockchain Advisory Committee has released its first position paper, stating that the overall security of crypto assets remains intact for now, but the industry needs to prepare in advance for potential threats posed by quantum computing. The report highlights that quantum computing may eventually break the digital signature mechanisms used for asset ownership verification, thereby impacting wallet-level security. However, Bitcoin's mining mechanism, hash functions, and on-chain historical data are not expected to face substantial threats in the short term.