Quantum

Quantum Computing Group Offers 1 BTC to Whoever Breaks Bitcoin’s Cryptographic Key

Project Eleven, a quantum computing research and advocacy firm, has launched the Q-Day Prize, a küresel competition offering 1 bitcoin (BTC) to the first team able to break an elliptic curve cryptographic (ECC) key, the cryptography which secures the …

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Bitcoin Developer Proposes Hard Fork to Protect BTC From Quantum Computing Threats

Bitcoin could be headed for its most sweeping cryptographic overhaul yet if a new proposal gains traction. A draft Bitcoin Improvement Proposal (BIP) titled Quantum-Resistant Address Migration Protocol (QRAMP) has been introduced by developer Agustin …

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Blockchain Startup BTQ Proposes More Energy Efficient Alternative to Crypto’s Proof of Work

A new paper proposes using a method called “coarse-grained boson-sampling” to validate the proof of work process and reward successful miners.

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