🟠 Project Eleven promised 1 BTC for hacking Bitcoin with a quantum computer
💥 Competition with a crypto challenge: the Project Eleven team has launched the Q-Day Prize — a reward of 1 BTC to anyone who can break Bitcoin's cryptography using quantum computing. Deadline — until April 5, 2026.
🔐 Currently, Bitcoin's protection is built on ECDSA and ECDLP (elliptic curves) algorithms. Theoretically, a quantum computer with Shor's algorithm can compute the private key from the public one.
📊 Attack requirements: • ~2330 logical qubits
• ~126 billion Toffoli logical gates
→ Modern quantum chips (Google, IBM) are currently 10-20 times weaker
💬 But Project Eleven warns:
→ Access to quantum chips is already open (via AWS, IBM Cloud)
→ The threat is real within a few years' horizon
→ Millions of BTC addresses are at risk, where public keys are already exposed
🔒 Solutions? The Winternitz Vault has already been introduced on the Solana blockchain — a new storage solution resistant to quantum attacks.
📌 The Q-factor in crypto is no longer sci-fi. Today — a prize for hacking, tomorrow — a new technology race.
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