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MARA Holdings targets bitcoin quantum threat and network resilience with new foundation

CoinDesk
MARA Holdings launched the MARA Foundation to ensure Bitcoin's long-term resilience, focusing on security, quantum threats, and open development.

Summary

MARA Holdings has launched the MARA Foundation, an initiative aimed at bolstering the long-term resilience and security of the Bitcoin network. CEO Fred Thiel emphasized that while Bitcoin is a critical decentralized system, its future requires active stewardship. The foundation will focus on maintaining Bitcoin's properties as sound money, advocating for its global use, and supporting its security budget, particularly through the development of a sustainable transaction-fee market. A key priority is funding research into emerging risks like quantum computing. Additionally, MARA plans to support open-source development in scaling, mining, and user infrastructure, promote self-custody and financial sovereignty, and engage in education and policy outreach, including technical training and multilingual resources. To mark the launch, MARA will award $100,000 to a nonprofit organization chosen by community vote.

(Source:CoinDesk)