Quantum Allia2026-10-16 12:46:23Nine crypto and security firms launch Quantum Alliance, saying about 30.2% of Bitcoin supply has exposed public keysNine blockchain and cybersecurity firms formed the Quantum Alliance on Oct. 15 to work on shared post-quantum security standards for networks including Bitcoin and Ethereum. Citing CoinDesk, the group estimates that public keys tied to roughly 30.2% of Bitcoin supply have already been exposed on-chain, equal to about 6 million BTC based on current circulating supply. That figure includes about 1.1 million BTC believed to belong to Satoshi Nakamoto. The alliance says current quantum computers cannot exploit that exposure today, but members differ on when a machine capable of breaking today’s cryptography might arrive. They also disagree on what should happen to vulnerable coins: Postquant Labs CTO Richard Carback favors migration rather than freezing and has suggested a trust structure for later claims, while The Vault CRO Bryn Bennett argues that any freezing decision should be handled by Bitcoin network governance, not the industry. The group’s four workstreams cover blockchain migration, post-quantum zero-knowledge proofs, wallet security, and cross-chain compatibility during migration.30
Quantum Allia2026-10-16 10:58:31Quantum Alliance launches with nine crypto firms as asset-freeze debate takes center stageA new Quantum Alliance made up of nine crypto companies was formed on Oct. 16, with plans to draft shared security standards for blockchains including Bitcoin and Ethereum. Publicly named members include security firm Hacken, Charles Hoskinson’s Midnight Foundation, quantum-resistant Layer 1 blockchain Quantus, and Postquant Labs, while the remaining members have not yet been individually disclosed. The group estimates that roughly 6.4 million BTC, or 30.2% of total supply, have exposed public keys. That figure includes about 1.1 million BTC attributed to Satoshi Nakamoto. Even so, the alliance said current quantum computers are still not capable of stealing those funds. The bigger divide is over timing and response. The Vault chief revenue officer Bryn Bennett said no one knows the exact date, though estimates keep moving forward. Postquant Labs CTO Richard Carback said 2028 is a realistic time frame. Their sharpest disagreement centers on whether vulnerable assets should be frozen. Carback favors moving funds instead, while Bennett said any freeze would be a Bitcoin governance decision and would set a precedent of trading property rights and neutrality for quantum-risk mitigation.20
Quantum Compu2026-10-16 10:57:47Nine crypto firms launch Quantum Alliance to draft security standards for Bitcoin and EthereumNine crypto companies said Thursday they have formed a Quantum Alliance aimed at creating common security standards for Bitcoin, Ethereum, and other blockchain networks in response to future quantum-computing threats. The group estimates that about 6.4 million BTC, or 30.2% of supply, already have exposed public keys, creating a potential attack surface if sufficiently powerful quantum machines are developed. The alliance said no existing quantum computer has the computing power needed to exploit that risk today, but debate over the timeline is sharpening. The Vault CRO Bryn Bennett said the issue is no longer whether the threat arrives in 2028 or 2035, but whether custodians can complete a migration if it comes earlier than expected. Postquant Labs CTO Richard Carback said a machine capable of breaking current cryptography by 2028 is a realistic possibility. The announcement also adds fuel to a separate dispute over whether vulnerable Bitcoin should be frozen or moved. Critics say any freeze would cut against Bitcoin’s neutrality and property-rights principles, while others argue exposed coins should be placed in trust or otherwise restricted to prevent theft.20
Quantum Compu2026-10-16 10:54:59Nine crypto firms form Quantum Alliance, saying 6.4 million BTC have exposed public keysNine crypto companies have launched the Quantum Alliance to prepare bitcoin, Ethereum and other blockchain networks for potential quantum attacks, putting a fresh spotlight on a long-running debate over vulnerable coins and how the industry should respond. The group estimates that about 6.4 million BTC, or 30.2% of the supply, already have exposed public keys. That figure includes roughly 1.1 million bitcoin commonly attributed to Satoshi Nakamoto. The coins are not stealable in this way today, the alliance said, because no existing quantum computer is powerful enough to reverse-engineer private keys from public keys. The harder questions come next. Researchers and executives quoted by CoinDesk disagree on timing, with one industry participant calling 2028 a realistic date for a machine capable of breaking current cryptography, while another said the exact date is unknowable and the key issue is whether custodians can migrate in time if the threat arrives early. The policy debate is just as unsettled: proposals range from moving vulnerable assets to freezing them or placing them in a trust, but each approach runs into objections over property rights, neutrality and governance. Any meaningful quantum-resistant upgrade for Bitcoin would require coordination across developers, miners, wallet providers, exchanges, custodians and users, with costs driven less by cryptography itself than by ecosystem-wide implementation.10
