Nine financial firms including BlackRock, Coinbase, and ARK Invest have pledged $15 million over three years to enhance Bitcoin's long-term security through the newly formed Bitcoin Security Consortium. Their initial focus is on preparing Bitcoin for potential quantum-computing threats, which could compromise current cryptographic protections. Each member will independently fund developers and researchers, coordinating efforts without controlling Bitcoin protocol decisions. This initiative aims to safeguard Bitcoin against future risks while maintaining decentralized governance.
A coalition of nine major firms, led by Strategy and including BlackRock and Coinbase, has pledged $15 million over three years to fund Bitcoin developers and security researchers. The Bitcoin Security Consortium aims to address long-term risks to Bi...
BlackRock, Fidelity Digital Assets, Coinbase, Strategy, and others have launched the Bitcoin Security Consortium, committing $15 million over three years to enhance Bitcoin's long-term security. The consortium will fund developers and researchers foc...
