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Project Eleven CEO warns why one quantum breakthrough could break all of crypto: “It breaks the entire philosophical model of ownership of crypto.” “If a quantum computer is able to reverse engineer the private key from the public key… in a very real sense, they own everything.”

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The Rollup

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32,611 просмотров • 4 месяцев назад •via X (Twitter)

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Nic Carter reveals a powerful enough quantum computer could steal Satoshi’s 1,000,000 Bitcoin in 6 blocks “There’s 35,000 addresses with 50 Bitcoin each, those are the Satoshi coins. The public keys are published, they’re on the ledger, they can’t be unpublished” “If you have a sufficiently good quantum computer, you can reverse engineer the private key from all those public keys… now you have a list of 35,000 private keys” “At a time of your choosing, you publish them all and 6 blocks later they’re all in your wallet. 1,000,000 coins”
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Nic Carter reveals a powerful enough quantum computer could steal Satoshi’s 1,000,000 Bitcoin in 6 blocks “There’s 35,000 addresses with 50 Bitcoin each, those are the Satoshi coins. The public keys are published, they’re on the ledger, they can’t be unpublished” “If you have a sufficiently good quantum computer, you can reverse engineer the private key from all those public keys… now you have a list of 35,000 private keys” “At a time of your choosing, you publish them all and 6 blocks later they’re all in your wallet. 1,000,000 coins”

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Google's latest Quantum AI paper highlights a key shift for blockchain security. Algorand is cited 32 times, underscoring its work in post-quantum cryptography. CEO StaciW_DC breaks down what it means for the future of crypto with The Wolf Of All Streets and what sets Algorand apart 👇
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Google's latest Quantum AI paper highlights a key shift for blockchain security. Algorand is cited 32 times, underscoring its work in post-quantum cryptography. CEO StaciW_DC breaks down what it means for the future of crypto with The Wolf Of All Streets and what sets Algorand apart 👇

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🚨 BREAKING BITCOIN JUST SUFFERED THE FIRST QUANTUM ATTACK! A HACKER HAS CRACKED A 15-BIT PRIVATE KEY USING PUBLICLY AVAILABLE QUANTUM COMPUTER. MORE THAN 30% OF ALL BITCOIN SUPPLY (6.9M BTC) IS NOW EXPOSED TO THE ATTACK. THIS DOES NOT LOOK GOOD FOR CRYPTO...
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🚨 BREAKING BITCOIN JUST SUFFERED THE FIRST QUANTUM ATTACK! A HACKER HAS CRACKED A 15-BIT PRIVATE KEY USING PUBLICLY AVAILABLE QUANTUM COMPUTER. MORE THAN 30% OF ALL BITCOIN SUPPLY (6.9M BTC) IS NOW EXPOSED TO THE ATTACK. THIS DOES NOT LOOK GOOD FOR CRYPTO...

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Where does the “power” of quantum computing come from? Our COO, Charina Chou, breaks down quantum entanglement and why it’s key to unlocking the potential of quantum systems. Watch more →
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Where does the “power” of quantum computing come from? Our COO, Charina Chou, breaks down quantum entanglement and why it’s key to unlocking the potential of quantum systems. Watch more →

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“35% of bitcoins” may be susceptible to attack. That's “millions of bitcoins… 6 or 7 million… hundreds of billions of dollars. “What a quantum computer allows you to do is to go from the public key back to the private key.” All the wallets where the public key has been exposed are at risk. That's why “you will see Satoshi’s coins being drained… once every 10 minutes or so.” - Justin Drake 👇
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“35% of bitcoins” may be susceptible to attack. That's “millions of bitcoins… 6 or 7 million… hundreds of billions of dollars. “What a quantum computer allows you to do is to go from the public key back to the private key.” All the wallets where the public key has been exposed are at risk. That's why “you will see Satoshi’s coins being drained… once every 10 minutes or so.” - Justin Drake 👇

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🗣️ “Quantum could break crypto sooner than people think.” Quip Network co-founder Colton Dillion (Colton Dillion) warns the timeline isn’t decades away — it could be years 👀 In this interview, he breaks down: → Why 2028 might already be a risk window → What happens if #Bitcoin cryptography gets cracked → And how a “worldwide quantum computer” could reshape everything Full interview dropping soon. 🎬 | Giuseppe Fabio Ciccomascolo #QuantumComputing #CryptoSecurity #Web3 #AI

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ICYMI: Algorand Foundation CEO StaciW_DC appeared on Schwab Network to discuss: • Algorand • The state of crypto in 2026 • The risk of Quantum Computing to crypto and how Algorand is prepared

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Quantum isn’t a distant risk for crypto anymore. 📢 According to Quip Network co-founder Colton Dillion (Colton Dillion), there’s already a 10% chance #Bitcoin-level cryptography could be broken by 2028. And upgrading crypto isn’t a switch — it could take years. → Post-quantum security needs to start now → Quantum networks could solve real-world problems (logistics, finance, materials) → “Build the worldwide quantum computer” “If you believe the risk, you should be acting today.” Watch the full interview 👇
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Breaking: Google just released a report dramatically reducing the requirements for a quantum computer to break Bitcoin's cryptography. The timeline for preparedness is now 2029. I sat down with nic carter & Alex Pruden from Project Eleven on The Aubservation with Aubrey Strobel to break it all down. Enjoy.
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Breaking: Google just released a report dramatically reducing the requirements for a quantum computer to break Bitcoin's cryptography. The timeline for preparedness is now 2029. I sat down with nic carter & Alex Pruden from Project Eleven on The Aubservation with Aubrey Strobel to break it all down. Enjoy.

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“The way I like to explain a quantum computer… imagine you meet a really hot girl. She says, ‘I wrote my number in one of those books over there in the library.’ A classical computer flips through every book one by one. A quantum computer? It narrows down the section instantly. You still have to check the book—but now you’ve got a real shot at finding the number…That’s quantum computing in a nutshell.” Charles Hoskinson
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“The way I like to explain a quantum computer… imagine you meet a really hot girl. She says, ‘I wrote my number in one of those books over there in the library.’ A classical computer flips through every book one by one. A quantum computer? It narrows down the section instantly. You still have to check the book—but now you’ve got a real shot at finding the number…That’s quantum computing in a nutshell.” Charles Hoskinson

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Google just told crypto to get quantum-ready by 2029. What changed: a 20x improvement to Shor’s algorithm. That takes the threat from tens of millions of qubits to ~500,000, with a possible attack window of about nine minutes. The quantum clock is ticking.
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Google just told crypto to get quantum-ready by 2029. What changed: a 20x improvement to Shor’s algorithm. That takes the threat from tens of millions of qubits to ~500,000, with a possible attack window of about nine minutes. The quantum clock is ticking.

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