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 Bitcoin's cryptographic security, particularly from future quantum computing advances that could threaten about 6.9 million bitcoins. Each member independently directs its funding without controlling Bitcoin's protocol decisions. The consortium's first priority is preparing Bitcoin for quantum computing threats, with ongoing transparency efforts planned to keep the public informed.
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...
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...
