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Project update
Project Eleven Awards 1 BTC Quantum Security Prize
Independent researcher Giancarlo Lelli received 1 BTC “Q-Day Prize” for successfully breaking a 15-bit elliptic curve cryptographic key using publicly accessible quantum hardware, marking the largest public demonstration of a quantum attack on ECC to date.
The result represents a 512x improvement over previous public demonstrations, signaling that the technical barriers to such attacks are gradually decreasing.
However, the demonstrated attack targeted a simplified 15-bit key, far below the 256-bit cryptography used in real-world systems, indicating that threats to live networks remain distant for now.
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