Galaxy Pledges $5M to Quantum-Proof Bitcoin Security

Galaxy has pledged up to $5 million in grants for developers working to make Bitcoin resistant to quantum computing attacks. The company also elected a council of quantum-advisory experts to research quantum-resistant migration solutions. The initiative reflects growing industry concern about the long-term security of cryptocurrencies in the face of advancing quantum technology.

Is the quantum threat to Bitcoin serious enough to justify millions in security investment?

Cointelegraph · 1d ago · Source ↗

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Galaxy Pledges $5M to Quantum-Proof Bitcoin Security

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