A new report by Capgemini warns that quantum computing may break the widely used public-key cryptographic systems within the next decade — threatening everything from online banking to blockchain ...
Crypto thrives on cutting-edge technology, but quantum computing could challenge the cryptographic foundations that keep Bitcoin secure. As quantum advancements accelerate, concerns about risks to ...
Project Eleven, a quantum computing research firm, has launched the Q-Day Prize, offering 1 Bitcoin (BTC) to the first individual or team that can break an elliptic curve cryptographic (ECC) key using ...
What is the Q-Day prize? The Q-Day Prize is a challenge to make the Bitcoin network quantum resistant. On April 16, 2025, quantum computing-focused company Project 11 announced the “Q-Day Prize,” a ...
How BTQ’s Bitcoin-like quantum testnet highlights where post-quantum risks may emerge and why mitigation is an engineering challenge. Bitcoin’s quantum risk centers on exposed public keys and ...
Quantum computing is on the horizon, promising to solve complex problems beyond the capabilities of classical computers. But for Bitcoin and other cryptocurrencies, which rely on today’s cryptographic ...
Quantum computing and the threat it poses to encrypted blockchains has once again crept into online bitcoin conversations, raising concerns that it poses a long-term risk that investors and developers ...
Despite the excitement it generates, quantum computing has largely remained in the lab – impressive in chess competitions but less so in practical, real-world business applications. Google's new ...
Woo responded to an X post by English YouTuber Josh Otten about the potential of a functional quantum computer using Shor’s algorithm to break the encryption protecting Bitcoin’s oldest wallets.
The encryption protecting communications against criminal and nation-state snooping is under threat. As private industry and governments get closer to building useful quantum computers, the algorithms ...
Google's new Willow quantum processor brings real-world quantum computing closer, reviving fears that Bitcoin's (CRYPTO: BTC) core cryptography could be cracked within a decade. While "Q-Day" isn't ...