Nine major Bitcoin players including BlackRock and Coinbase are pooling $15 million over three years to fund quantum-resistant security research, empowering developers without dictating code changes. As quantum computers loom, Bitcoin’s current encryption could be cracked, exposing funds — especially in older addresses. This initiative fills a critical funding gap for long-term security, with Galaxy separately pledging $5 million, underscoring rising urgency to safeguard Bitcoin’s future.
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