# Bitcoin Security Consortium: $15M Quantum Defense Alliance Formed BlackRock and Coinbase unite to safeguard Bitcoin's future against quantum threats. - **Source:** [INCRYPTED](https://brifing.si/source/7cd4625d-3f08-4cc1-983d-4c7d991839ba) - **Published:** 2026-07-24 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/496540a3-1119-459c-ba6e-61ee78c5d1bb ## Crypto Giants Forge Historic Alliance Financial heavyweights including BlackRock, Coinbase, and Fidelity have established the $15M Bitcoin Security Consortium to protect Bitcoin against quantum computer threats. This three-year initiative aims to support Bitcoin Core developers and fund critical security research for the network's longevity. ## Preparing for Quantum Doomsday The consortium specifically targets 'Q-Day' - a hypothetical scenario where quantum computers could break Bitcoin's encryption. Experts estimate a 50% probability of this occurring by 2032. Rather than protocol changes, the project focuses on reinforcing existing infrastructure against future threats. ## Are Satoshi's Lost Bitcoins at Risk? Consortium members highlight potential vulnerabilities in Satoshi Nakamoto's early Bitcoin addresses. However, Galaxy Digital researchers note that these funds are spread across 22,000 addresses, significantly complicating potential quantum attacks on the original coins. ## Allocation of Funds The $15M budget will support independent developers, security researchers, and the Bitcoin Core team. The consortium won't create its own protocol but will fund solutions enhancing the network's quantum resistance through existing channels. ## Mixed Reactions from Industry While Grayscale researchers downplay quantum threats, Ethereum developer Justin Drake warns of Google's advances in quantum algorithms. Blockstream CEO Adam Back revealed they're testing quantum-resistant signature systems on the Liquid network. ## Watershed Moment for Crypto This initiative represents traditional finance's strongest endorsement of Bitcoin's long-term viability. Preparing for the quantum era isn't just about Bitcoin - it's a critical step shaping the future of the entire digital asset ecosystem. ## Sources covering this story - https://incrypted.com/ynstytutsyonalnye-gyganty-sozdaly-bitcoin-security-consortium/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._