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