Author: FIT Editorial Team

Undertaking Eleven, a quantum computing analysis group, has introduced the Q-Day Prize – a world problem providing 1 Bitcoin to the primary workforce or particular person who can use Shor’s algorithm on a quantum laptop to interrupt a part of an elliptic curve cryptographic (ECC) key. The competitors started on April 16, 2025, and can run till April 5, 2026. The primary goal is to evaluate the real-world danger that quantum computing poses to Bitcoin’s cryptographic safety. The problem particularly targets the Elliptic Curve Digital Signature Algorithm (ECDSA). International Quantum Problem In line with Undertaking Eleven’s tweet, greater than 10…