In 1994, Peter Shor, an American mathematician working at Bell Labs, published a paper with a wonky title and earth-shaking implications. In “Polynomial-Time Algorithms for Prime Factorization and ...
Every online bank transfer, private message and Bitcoin transaction rests on the assumption that some math problems are practically impossible to solve. Quantum computers threaten to flip that ...
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 ...
As technological advancements surge forward, the specter of quantum computing looms ever larger. While the promise of quantum computers holds the potential to revolutionize fields like weather ...
CAMBRIDGE, MA — The most recent email you sent was likely encrypted using a tried-and-true method that relies on the idea that even the fastest computer would be unable to efficiently break a gigantic ...
BIP-360 co-author Ethan Heilman says that making Bitcoin quantum-secure could take 7 years. Recent breakthroughs suggest time is running out.
SAN JOSE, Calif., — Scientists at IBM’s Almaden Research Center have performed the world’s most complicated quantum-computer calculation to date. They caused a billion billion custom-designed ...
Project 11 is looking to gauge the urgency of the quantum security risk to Bitcoin. Millions of addresses could be at risk if quantum computers are eventually able to break Bitcoin’s cryptography.
CoinShares says quantum computing poses a manageable long-term risk to Bitcoin, with limited exposure, delayed timelines, and upgrade paths available.
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