Overview
- A nine‑firm group called the Quantum Alliance launched Thursday to develop public standards for measuring and implementing post‑quantum cryptography across blockchains, wallets and infrastructure.
- The alliance organized its work into four technical tracks — blockchain migration, post‑quantum zero‑knowledge proofs, wallet security, and cross‑chain compatibility — and said it will use an open, IETF‑style process for proposals and tests.
- Founding members named by the alliance include Quantus, American Fortress, Intmax, Keystone, Midnight Foundation, Postquant Labs, Abelian, The Vault and Hacken.
- The launch responds to new academic and industry research that has lowered estimates of the resources needed for quantum attacks and to regulator warnings, and comes after public pushes from groups such as the Bitcoin Security Consortium and calls from Coinbase for accelerated migration planning.
- Public readiness ratings and vendor claims show most large networks still rely on elliptic‑curve signatures and remain poorly rated, leaving millions of BTC and roughly $2.7–$2.9 trillion in crypto value exposed unless coordinated migration decisions are made soon.