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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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Recent Posts
  • GENIUS Act could strengthen dollar power, write ‘rulebook’ for global financial system
  • Cycles eyes sustainable crypto credit after 2022 liquidity crisis
  • Bitcoin price stabilizes and rallies amid regional conflicts, data shows
  • Coinbase is seeking SEC approval for ‘tokenized equities’ — Report
  • Solana Foundation, Bitget Wallet join Ondo Finance’s ‘market alliance’
  • The crypto fund domicile decision: EU or the UK?
  • How Michael Saylor’s Strategy became the largest Bitcoin holder

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