Qryptonic Challenges the Quantum Frontier: New Roadmap Aims to Crack Bitcoin-Style Encryption and Win Project Eleven's 1 BTC Prize

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Qryptonic Challenges the Quantum Frontier: New Roadmap Aims to Crack Bitcoin-Style Encryption and Win Project Eleven's 1 BTC Prize - Benzinga

Quick Summary:

Qryptonic, LLC, Florida's first quantum-powered cybersecurity firm, today announced the release of a strategic roadmap designed to help students and researchers compete for Project Eleven’s high-stakes Q-Day Prize: 1 Bitcoin awarded to the team that achieves the largest quantum-only break of an elliptic curve cryptographic (ECC) key before April 5, 2026.

Qryptonic LLC has released a quantum roadmap guiding students to simulate a real quantum break of Bitcoin-style encryption and compete for Project Eleven's 1 BTC prize.

With IBM’s Cryptographic Agility Study revealing over 70% of global enterprises remain vulnerable to quantum attacks, Qryptonic's initiative provides a rare glimpse into real-world quantum penetration strategies.