Luring quantum tinkerers, Project Eleven is dangling a one‑bitcoin bounty to whoever first demonstrates Bitcoin’s cryptographic Achilles’ heel using a quantum computer. Will a Single Bitcoin Tempt Hackers to Break Bitcoin’s Armor? Branded the “Q‑Day Prize,” the challenge asks entrants worldwide to crack a toy version of Bitcoin’s elliptic curve cryptography with Shor’s algorithm running […]
Source: https://news.bitcoin.com/quantum-challenge-offers-a-single-bitcoin-to-crack-the-protocols-defense-mechanism/