Project Eleven’s QDay Prize Offers 1 Bitcoin for Breaking Elliptic Curve Cryptography Using Shor’s Algorithm
Mohamed Abdel-Kareem2025-04-19T10:57:13-07:00Project Eleven (P11) has announced the QDay Prize, an open competition offering a reward of one Bitcoin (current value about $85,000) for demonstrating the ability to break elliptic curve cryptography (ECC) using Shor’s algorithm on a quantum computer. Participants must submit quantum programs that directly solve the elliptic curve discrete logarithm problem (ECDLP) without relying on classical shortcuts or hybrid methods. Submissions must include gate-level code and system specifications, and all entries will be made publicly available for transparency. The competition is structured around progressively larger ECC key sizes, starting from 1-bit keys, with an emphasis on demonstrating generalizable techniques that [...]