Project Eleven warns that the quantum critical point may "erupt instantly," expected to arrive as early as 2030

By: rootdata|2026/05/07 11:08:35
0
Share
copy

According to The Block, the crypto anti-quantum computing solution Project Eleven released a report warning that the critical point for quantum computers to crack modern encryption, known as "Q-Day," could arrive as early as 2030, with a probability of over 50% by 2033. The report predicts that advancements in quantum computing will be explosive rather than linear, and the combined effects of hardware and algorithms could lead to a leap in capabilities that is "either completely silent or suddenly explosive."

Last month, researchers used quantum hardware to derive a 15-digit elliptic curve key. Although this is still far from cracking the 256-bit encryption used by btc-42">Bitcoin, it constitutes a preliminary validation. Project Eleven estimates that approximately 6.9 million Bitcoins may face quantum risks under specific conditions.

You may also like

Will Gold Break $4,500 After Tonight's Fed Decision? What XAUT and PAXG Traders Need to Know

The Federal Reserve announces its June rate decision tonight. Could gold break $4,500 next? Explore the latest gold price prediction, key Fed scenarios, and what they mean for XAUT and PAXG traders.

Cursor, why did you get on Musk's spaceship?

SpaceX set a record with its IPO, spending a staggering $60 billion to acquire the popular AI programming unicorn Cursor just four days later. Musk is using the ultimate puzzle of "super computing power + top coding engine" to propel the market value skyrocketing, surpassing Amazon in one fell swoop...

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin

Overview of Important Market Events on June 16

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

The most important question in the cryptocurrency industry is not which chain is the fastest, but rather where top builders choose to build in the long term. Ethereum has just surpassed one million cumulative developers; what does this number mean?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

Overview of Important Market Events on June 15

The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?

SpaceX Supply Chain Revealed: The Invisible Gold Mine Behind the Trillion-Dollar "Space Dream," from Nvidia's Computing Power Monopoly to China's Sole Supplier of Special Materials, these overlooked water-selling talents are the true wealth creation engine.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com