Too Expensive To Buy One Bitcoin? Earn It By Winning This Quantum Computing Challenge
Quantum computing research firm Project Eleven launched a bounty program on Wednesday to assess the threat of quantum computing to Bitcoin’s (CRYPTO: BTC) security. The reward—one full unit of the apex cryptocurrency.
What Happened: Titled the Q-Day Prize, the competition targets the Elliptic Curve Cryptography algorithm, which secures Bitcoin transactions with public and private keys. The first team to break the “largest ECC key possible” using a quantum computer before April 5, 2026, will receive 1 BTC, currently trading at $84,600.
The initiative attempted to test quantum capabilities in real time and determine how “urgent” the threat was, Project Eleven said.
“Quantum computing is advancing fast, and the impact on cryptography is inevitable. Instead of waiting for breakthroughs to happen behind closed doors, we believe in facing …
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