🚀 Bitwise Donates $150,000 To Support Bitcoin Developers
#Bitwise #Bitcoin #Donations #OpenSource #BTC #Nonprofit #Blockchain #BitcoinDevelopers #BitwiseBitcoinETF
According to PANews, asset management firm Bitwise has donated $150,000 to Bitcoin open-source developers to aid in maintaining and strengthening the Bitcoin network. This donation marks the first annual contribution following Bitwise's commitment to donate 10% of its gross profits each year upon the launch of its Bitwise Bitcoin ETF (BITB). The funds will be distributed among three nonprofit organizations: Brink, OpenSats, and the Human Rights Foundation. Bitwise has indicated that as the BITB grows, future donations will increase to provide long-term support for the Bitcoin ecosystem.#Bitwise #Bitcoin #Donations #OpenSource #BTC #Nonprofit #Blockchain #BitcoinDevelopers #BitwiseBitcoinETF
🚀 Michael Saylor Minimizes Quantum Computing Threat to Bitcoin
#MichaelSaylor #QuantumComputing #Bitcoin #BIP360 #CryptoSecurity #NS3AI #BitcoinDevelopers #QuantumRisk #CryptoInvesting #TechThreats #BTC
Michael Saylor has downplayed concerns about quantum computing as an exaggerated threat to Bitcoin. According to NS3.AI, Saylor points to the numerous challenges Bitcoin has previously overcome. Despite his dismissal, Bitcoin developers are actively preparing for potential quantum risks. Proposals like BIP 360 are being considered to enhance Bitcoin's resistance. Investors and experts, however, take these threats seriously, highlighting the potential for significant impacts if quantum computing advances without checks.#MichaelSaylor #QuantumComputing #Bitcoin #BIP360 #CryptoSecurity #NS3AI #BitcoinDevelopers #QuantumRisk #CryptoInvesting #TechThreats #BTC
🚀 Bitcoin Developers Propose BIP360 to Enhance Quantum Resistance
#Bitcoin #BIP360 #QuantumResistance #BitcoinDevelopers #MerkleRoot #Cryptocurrency #Blockchain #QuantumComputing #BTC
Foresight News posted on X (formerly Twitter). Bitcoin developers are advancing a proposal aimed at strengthening Bitcoin's resistance to quantum computing threats. The Bitcoin Improvement Proposal, known as BIP360 or 'Pay to Merkle Root,' has already been deployed on a test network. According to a screenshot shared by Bitcoin Magazine, the corresponding code was completed and verified on February 11, indicating that the community is proactively preparing for potential quantum computing challenges.#Bitcoin #BIP360 #QuantumResistance #BitcoinDevelopers #MerkleRoot #Cryptocurrency #Blockchain #QuantumComputing #BTC