Odaily Planet Daily reports that nine blockchain organizations announced on Thursday the formation of the Quantum Alliance, which aims to develop “quantum-ready” standards and establish a unified approach to testing and verifying the quantum resistance of networks, wallets, and infrastructure.

Modeled on the Internet Engineering Task Force (IETF), the Quantum Alliance’s founding participants span base-layer protocols, privacy networks, Rollups, hardware wallets, and security auditing. They include Quantus, Postquant Labs, Midnight Foundation, Keystone, Abelian, and Hacken. Its work is divided into four groups: blockchain migration, post-quantum zero-knowledge systems, wallet security, and cross-chain compatibility.

Quantum Alliance said that elliptic-curve signatures leave approximately 6.04 million bitcoins, or about 30% of the total supply, exposed to quantum risk. If a sufficiently capable quantum computer runs Shor’s algorithm, it could theoretically derive private keys and control the associated assets.

Quantum Alliance cited multiple forecasts suggesting that the relevant risk window may fall in the late 2020s, with one model identifying March 2028 as an earlier window; a Google Quantum AI study lowered the estimated number of qubits needed to break Bitcoin cryptography to fewer than 500,000. (Decrypt)