Galaxy Commits Up to $5 Million to Prepare Bitcoin for Quantum Threat
Decrypt·
60-second summary
Galaxy is committing up to $5 million to prepare Bitcoin for a potential quantum threat, known as "Q-Day," which researchers, exchanges, and the U.S. government warn may arrive as soon as 2030, highlighting the pressing need for quantum-resistant cryptography in the crypto space, and potentially driving investment in quantum-safe solutions to secure the future of Bitcoin and other cryptocurrencies.
The crypto firm's initiative arrives as researchers, exchanges, and the U.S. government warn that "Q-Day" may land as soon as 2030.