Latest / The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin
Quantum Hoax, LTC Compromised, Bitcoin Unaffected | CBP 262 Pt1
The "largest quantum attack on Bitcoin" just collapsed. Project Eleven paid 1 BTC for a 15-bit ECC break — but a classical computer does the same thing. Bitcoin's 256-bit security is untouched.A researcher won the Project Eleven Q-Day Prize for breaking a 15-bit elliptic curve key on a publicly accessible quantum computer, billed by the press as the "largest quantum attack on Bitcoin to date." Within 48 hours half the crypto press had it framed as Q-Day. The reality: a $300 laptop can break a 15-bit ECC key in well under a second. Bitcoin uses 256-bit ECC. The gap between 15 bits and 256 bits…
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