17 Articles
17 Articles
Can Quantum Computing Break Bitcoin? Project Eleven Puts It to the Test
Project Eleven, a quantum computing research organization, has announced the Q-Day Prize – a global challenge offering 1 Bitcoin to the first team or individual who can use Shor’s algorithm on a quantum computer to break part of an elliptic curve cryptographic (ECC) key. The competition began on April 16, 2025, and will run until April 5, 2026. The main objective is to assess the real-world risk that quantum computing poses to Bitcoin’s cryptogr…
Quantum Researchers Offer 1 Bitcoin To Break Toy Version Of BTC’s Cryptography – MAXBIT
A quantum‑computing collective known as Project Eleven has thrown down a public gauntlet to the global cryptography community, offering a reward of one Bitcoin to the first team that can break a deliberately down‑scaled version of Bitcoin’s elliptic‑curve cryptography using a genuine quantum computer before 5 April 2026. Announcing what it calls the “Q‑Day Prize”...
Quantum Researchers Offer 1 Bitcoin To Break 'Toy Version'
A quantum‑computing collective known as Project Eleven has thrown down a public gauntlet to the global cryptography community, offering a reward of one Bitcoin to the first team that can break a deliberately down‑scaled version of Bitcoin’s elliptic‑curve cryptography using a genuine quantum computer before 5 April 2026. Announcing what it calls the “Q‑Day Prize” on X, the group wrote: “We just launched the Q‑Day Prize. 1 BTC to the first team t…
Can Quantum Computing Defeat ECC Encryption?
The post Can Quantum Computing Defeat ECC Encryption? appeared on BitcoinEthereumNews.com. A groundbreaking challenge has emerged from Project Eleven, a collective dedicated to quantum computing research, which aims to incentivize innovative approaches to cryptography. This competition is set to award a single Bitcoin to the first group that successfully breaks the Elliptic Curve Cryptography (ECC) encryption key utilizing Shor’s algorithm, show…
Quantum Computing Challenge Offers Bitcoin Prize for Cryptog
Project Eleven announces a competition with a Bitcoin prize for breaking ECC encryption. Participants must complete the task by April 5, 2026, to win the prize. Continue Reading:Quantum Computing Challenge Offers Bitcoin Prize for Cryptography Breakthrough The post Quantum Computing Challenge Of...
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