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The crypto mining company MARA established the MARA Foundation, focusing on the long-term adoption of Bitcoin and resistance to quantum and security risks.
Mars Finance News reports that, according to The Block, crypto mining company MARA’s CEO Peter Thiel announced the establishment of the non-profit organization MARA Foundation, dedicated to the long-term health, resilience, and adoption of the Bitcoin protocol. The foundation will support the research and development of quantum-resistant tools (such as PQ wallets and BIP 360 proposals), believing that while quantum computing is not an immediate threat to Bitcoin, network upgrades take time, and early preparation is crucial. The foundation will also allocate resources to ensure Bitcoin’s security budget, support the development of a robust and healthy Bitcoin transaction fee market, and launch global multilingual educational programs, expand access to self-custody tools, and advocate for policymakers and activists.