Quantum computers could break Bitcoin
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Google research reveals quantum computers could crack Bitcoin encryption in 9 minutes by 2029. Elon Musk sees a silver lining for forgotten wallet passwords.
What is the Q-Day prize? 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 ...