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The Q-Day Prize challenge, explained: Can quantum computers really break Bitcoin?

cryptoweekly by cryptoweekly
May 14, 2025
in Altcoins, News
0

Quantum computing firm Project 11 is offering 1 BTC to anyone who can crack a “toy version” of Bitcoin’s cryptography through quantum computing.

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 competition to break a “toy version” of Bitcoin’s cryptography with a quantum computer. Contestants must complete the Q-Day Prize challenge by April 5, 2026.

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  • French minister to meet crypto firms after kidnapping attempt
  • Danger signs for Bitcoin as retail abandons it to institutions: Sky Wee
  • The facet of TradFi most ripe for disruption is equities
  • Top South Korean presidential hopefuls support legalizing Bitcoin ETFs
  • Ethereum retakes 10% market share, but ETH bulls shouldn't celebrate yet
  • Decentralized OORT AI data hits top ranks on Google Kaggle
  • How to spot a fake crypto investment platform: 10 red flags

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