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Nine Blockchain Groups Form Quantum Alliance

A new coalition of nine blockchain organizations, the Quantum Alliance, has been launched to establish common security standards for cryptocurrency networks, wallets, and infrastructure. The alliance aims to prepare for the potential threat posed by powerful quantum computers, which could potentially crack the digital signatures protecting cryptocurrency wallets. The Quantum Alliance estimates that approximately 6.4 million BTC, including coins associated with Bitcoin creator Satoshi Nakamoto, are already exposed in this way, representing roughly 30% of Bitcoin's total supply.

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