Project Eleven Awards 1 BTC Prize for 15-Bit Quantum ECC Break

Project Eleven awarded its 1 BTC Q-Day Prize to independent researcher Giancarlo Lelli after he broke a 15-bit elliptic curve key on publicly accessible quantum hardware. Project Eleven said the result was the largest public demonstration to date of an attack class that could one day threaten Bitcoin, Ether, and most major blockchains. The result does not mean Bitcoin is close to being cracked, but it extended the previous public break by a factor of 512 in seven months.

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