BlackRock, Coinbase and Strategy Pledge $15M to Quantum-Proof Bitcoin
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BlackRock, Coinbase, and a group of nine institutional names are pledging $15 million to fund the development of quantum-proof Bitcoin, securing the network against potential threats from future quantum computers. This significant investment aims to safeguard the cryptocurrency's integrity and stability, ensuring its continued viability in an increasingly complex and evolving technological landscape.
Nine of the biggest institutional names in Bitcoin formed a consortium to fund the developers working to keep the network secure—including from future quantum computers.