BlackRock, Coinbase, and others establish a $15 million Bitcoin Quantum Defense Fund

BlackRock、Coinbase、Strategy、Anchorage Digital、ARK Invest、Block、Blockstream、Fidelity Digital Assets Formed the Bitcoin Security Consortium with Galaxy, committing a total of $15 million over three years to fund Bitcoin security research and open source development focused on quantum computing defense. The alliance does not hold or allocate funds, and members directly choose to sponsor developers and researchers. The alliance does not guide the development of Bitcoin, nor does it make statements on protocol changes. Mike Schmidt from Brink coordinates the work as a volunteer. There is currently no quantum computer capable of cracking Bitcoin cryptography. About 6.9 million BTC, worth $450 billion, are stored in addresses that may be affected if quantum computers emerge. The related work includes proposals such as BIP 360, which designs a new output type to limit public key exposure and works in conjunction with post quantum signature schemes. Robert Mitchnick, the head of digital assets at BlackRock, stated that Core developers are engaged in important work and the organization will provide more funding for the long-term security of Bitcoin.