toxicbitcoiner on Nostr: The initiative will attempt to chip away at Bitcoin’s integrity and try to turn it ...

The initiative will attempt to chip away at Bitcoin’s integrity and try to turn it into Ethereum.

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STRATEGY, BLACKROCK, COINBASE AND OTHERS LAUNCH $15 MILLION BITCOIN SECURITY CONSORTIUM

15 prominent companies have teamed up to launch the Bitcoin Security Consortium, pledging $15 million over the next three years to support Bitcoin’s long-term security.

The initiative will help fund developers and researchers working on Bitcoin infrastructure, including post-quantum cryptography, while serving as a public resource on Bitcoin security.

Coordinated by Brink Executive Director Mike Schmidt in a volunteer capacity, the consortium says it will not direct Bitcoin development or advocate for specific protocol changes, but instead provide funding and education while supporting the existing open-source ecosystem.

Other companies involved include Anchorage Digital, ARK Invest, BlackRock, Block, Blockstream, Coinbase, Fidelity Digital Assets, and Galaxy.