Project Eleven Offers 1 BTC For Breaking Bitcoin’s Signature
The post Project Eleven Offers 1 BTC For Breaking Bitcoin’s Signature appeared first on Coinpedia Fintech News
Quantum computing firm Project Eleven has launched the “Q-Day Prize,” offering 1 BTC to the first team that successfully cracks Bitcoin’s ECDSA signature using Shor’s algorithm within a year. The competition aims to spotlight the potential risks quantum computing poses to Bitcoin’s security. If successful, approximately 6.2 million BTC (worth $500 billion) could be at risk, emphasizing the need for improved cryptographic solutions moving forward.

Firing Powell Could Set Dangerous Precedent and Harm Crypto, Warns Pompliano
Firing Powell Could Set Dangerous Precedent and Harm Crypto, Warns Pompliano
XRP News: ETF Approval Could Suck Up Supply Like a “Vacuum” & Pump Price Higher
The post XRP News: ETF Approval Could Suck Up Supply Like a “Vacuum” & Pump Price Higher appeared fi...
The SEC Rate Cuts Could be on the Horizon- Will XRP Price Explode by 45% This Month?
The post The SEC Rate Cuts Could be on the Horizon- Will XRP Price Explode by 45% This Month? appear...