BlackRock, Coinbase, Strategy in group pledging $15 million to prepare Bitcoin for quantum threats
Members will direct funding independently, with the consortium taking no role in Bitcoin governance or protocol decisions.
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Summary
- Nine firms pledged $15 million over 3 years to fund Bitcoin security research and open-source development.
- Members will direct funding independently, with the consortium taking no role in Bitcoin governance or protocol decisions.
- The group will support post-quantum research as developers explore protections against future advances in quantum computing.
