Oksana Koneva

Elite firms show commitment to bitcoin and cryptography, Alex Thorn notes

Elite firms show commitment to bitcoin and cryptography, Alex Thorn notes
Firms support bitcoin and cryptography progress

Alex Thorn expressed pride in working with a select group of firms that care about bitcoin and have confidence in its long-term value.

Thorn also highlighted that although quantum computing is real, its progress toward affecting classical cryptography remains limited. He added that solutions are being developed and that this group is committed to funding their development.

Thorn has previously noted that most bitcoin remains in self-custody despite rising institutional and centralized ownership, according to an earlier report. He also covered the resolution of a puzzle involving bitcoin’s genesis block and weak entropy in a multisig setup, as detailed in a separate investigation. These observations reflect Thorn's ongoing assessment of bitcoin’s technical and ownership dynamics.

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