Project Eleven has raised $6 million to protect bitcoin BTC$104,799.28 from the existential threat of quantum computing, as fears mount that the network’s core cryptography could one day be rendered obsolete. The round was co-led by Variant Fund and …
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Project Eleven, a quantum computing research and advocacy firm, has launched the Q-Day Prize, a küresel competition offering 1 bitcoin (BTC) to the first team able to break an elliptic curve cryptographic (ECC) key, the cryptography which secures the …
Bitcoin could be headed for its most sweeping cryptographic overhaul yet if a new proposal gains traction. A draft Bitcoin Improvement Proposal (BIP) titled Quantum-Resistant Address Migration Protocol (QRAMP) has been introduced by developer Agustin …
A new paper proposes using a method called “coarse-grained boson-sampling” to validate the proof of work process and reward successful miners.