Login Sign Up
Back to Feed
NFT

MARA Unveils Foundation to Strengthen Bitcoin Network

Generating AI summary...

TLDR MARA Holdings launched a new foundation to strengthen the Bitcoin network resilience. CEO Fred Thiel announced the initiative at the Bitcoin Conference in Las Vegas. The foundation will focus on addressing quantum computing risks to Bitcoin. MARA aims to support a sustainable transaction fee market for long-term security. The initiative will fund open source development across scaling and mining tools. MARA Holdings introduced a new foundation in Las Vegas to strengthen bitcoin’s long-term resilience. CEO Fred Thiel announced the plan during the Bitcoin Conference on Monday. He said the effort will address quantum risks and reinforce the network’s economic model. MARA Targets Bitcoin Security and Quantum Preparedness Thiel said Bitcoin remains the most important decentralized system in operation today. However, he warned that the network’s future depends on active stewardship. He stated, “Bitcoin is the most important decentralized system ever created, but its future is not guaranteed.” He described Bitcoin as a public utility that no single entity controls. Yet he stressed that participants must share responsibility for its survival. He added, “Decentralization doesn’t mean it runs on itself; it means responsibility is distributed.” The MARA Foundation will focus on protecting Bitcoin’s core properties as sound and durable money. It will support research on emerging threats, including quantum computing. The foundation will also study ways to sustain the network’s security budget. Today at @TheBitcoinConf, @MARA CEO @fgthiel announced the launch of MARA Foundation. The MARA Foundation represents MARA’s strategic commitment to supporting the health of the Bitcoin network, outside of our responsibilities as miners alone. We believe Bitcoin embodies the… pic.twitter.com/3HHWF6jPiT — MARA Foundation (@MARAFoundation_) April 27, 2026 Thiel said transaction fees must eventually replace declining block rewards. Therefore, the foundation will encourage the developme...

Comments