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 cryptographic security. The challenge specifically targets the Elliptic Curve Digital Signature Algorithm (ECDSA).
Global Quantum Challenge
According to Project Eleven’s tweet, more than 10 million Bitcoin addresses have exposed public keys, potentially putting an estimated 6.2 million BTC, worth approximately $500 billion, at risk if quantum computing capabilities continue to advance. The Q-Day Prize aims to move the discussion around quantum threats beyond theoretical speculation by encouraging a practical demonstration of vulnerability.
Parti
We współpracy z: https://cryptopotato.com/can-quantum-computing-break-bitcoin-project-eleven-puts-it-to-the-test/
