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A Quantum Computer Just Cracked Bitcoin-Style Encryption — Here’s What You Need to Know

By Trader Edge at 2026-04-25 10:56

Sentiment: Positive

TLDR Researcher Giancarlo Lelli broke a 15-bit elliptic curve key using a quantum computer, winning a 1 BTC bounty from Project Eleven This is the largest public quantum attack on elliptic curve cryptography to date Bitcoin uses 256-bit keys — far larger than the 15-bit key cracked, but the gap is narrowing Around 6.9 million [...] The post A Quantum Computer Just Cracked Bitcoin-Style Encryption — Here’s What You Need to Know appeared first on CoinCentral. Continue reading...

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