Close Menu
CryptoDigestAlert.comCryptoDigestAlert.com
    What's Hot

    Nevermind The Bear: Developer Interest In Bitcoin Keeps Growing, New Study Shows

    September 12, 2025

    Binance Reaches 300 Million Users With $34 Trillion Trading Volume in 2025

    December 31, 2025

    LMAX Group and Ripple Form Strategic Partnership to Integrate RLUSD Stablecoin for Institutional Trading

    January 15, 2026
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Get In Touch
    Facebook X (Twitter) Instagram
    CryptoDigestAlert.comCryptoDigestAlert.com
    • News

      Senate Skips CLARITY Act Vote Monday, Five Days Left on Clock

      August 3, 2026

      Bitcoin And Ethereum Edge Higher As Traders Watch Altcoin Rotation

      August 2, 2026

      XEC up +11.89%, BTC -2.07%, Pump.fun is The Coin of The Day – Daily Market Update for Aug 01, 2026 | CoinCodex

      August 1, 2026

      OpenAI cuts GPT-5.6 Luna price 80% as cheap rivals gain ground

      July 31, 2026

      Robinhood built its own chain. It still pays rent.

      July 29, 2026
    • Technology

      The Smarter Web Company adds 11.89 Bitcoin, treasury reaches 2,712 BTC

      August 3, 2026

      Bitkey, Ledger, Trezor, And Jade Reports Safe From $38 Million Coldcard Disaster

      August 2, 2026

      CFTC Orders George Santos to Pay Over $35,000 for Kalshi Trades

      August 1, 2026

      CLARITY Act ethics talks reach White House with revised Senate proposal

      July 31, 2026

      Binance Wallet’s Dust Conversion And Meme Rush Updates Are Quietly Solving Two Real Problems

      July 30, 2026
    • Learn/Guide

      OTC Crypto Prefunding: What 100% Upfront Actually Costs

      July 29, 2026

      Wadoozie ($WADZ): The Ethereum Memecoin With a 48-State Tour and Hidden Token Rewards

      May 6, 2026

      How to Optimize Company Operational Costs: A Manual on Modern Payment Ecosystems

      March 6, 2026

      6 Best Citizenship by Investment Programs for 2026

      February 23, 2026

      Best Smart Contract Auditors and Web3 Security Companies (2026): Ranked by Verifiable Public Evidence

      February 12, 2026
    • Regulation

      Grayscale Presses Senate to Advance CLARITY Act Before Break

      August 1, 2026

      Arbitrum Tops Solana with 11.3M Stablecoin Holders

      July 31, 2026

      Blockaid Flags $8.2M Exploit On Pro Token – H1 Report Indicates Nobody’s Safe From Attacks

      July 29, 2026

      Beyond Search Engine and App Store Scams: 3 Practical Ways to Shield Your Crypto From SparkKitty and Fake Apps

      July 28, 2026

      SpaceX Acquires Cursor for $60 Billion in the Largest Software Deal in History

      July 27, 2026
    • Live Pricing Chart
    CryptoDigestAlert.comCryptoDigestAlert.com
    Home»News»IBM Quantum Hardware Cracks 15-Bit ECC Key, but Bitcoin Devs Say Random Bits Match the Result
    News

    IBM Quantum Hardware Cracks 15-Bit ECC Key, but Bitcoin Devs Say Random Bits Match the Result

    April 25, 20265 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    IBM Quantum Hardware Cracks 15-Bit ECC Key, but Bitcoin Devs Say Random Bits Match the Result
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Key Takeaways:

    • Project Eleven awarded researcher Giancarlo Lelli 1 BTC ($78,000) for cracking a 15-bit ECC key on IBM quantum hardware on April 24.
    • Bitcoin developers showed Lelli’s result replicates with random noise, signaling zero quantum advantage over classical methods.
    • The gap from 15 bits to Bitcoin’s 256-bit secp256k1 remains a 2^241 engineering chasm, leaving BTC security intact for now.

    Project Eleven Hands Giancarlo Lelli 1 Btc for 15-Bit ECC Quantum Break, but Software Developers Call It Noise

    Project Eleven described the feat as a 512-fold increase in search-space complexity over a prior 6-bit ECC break completed by engineer Steve Tippeconnic on IBM hardware in September 2025. CEO Alex Pruden framed the achievement as evidence that quantum attacks on ECC no longer require national labs or proprietary hardware.

    The prize, valued at roughly $78,000 at the time of award, was designed to offer reproducible public measurements of quantum attacks on ECC for key sizes between 1 and 25 bits. Lelli’s submission, including full code and execution logs, is publicly available on Github.

    Project Eleven’s X post. Source: X

    Lelli implemented a two-register variant of Shor’s algorithm on IBM Quantum cloud hardware, targeting elliptic curves of the form used in Bitcoin’s secp256k1 standard. The circuit ran across multiple IBM Heron r2 processors, including ibm_torino and ibm_fez, and relied on techniques designed for noisy intermediate-scale quantum devices.

    Bitcoin developers and cryptographers moved quickly to dismiss the result, contending that the quantum hardware added no meaningful value to the outcome. Project Eleven’s X post announcing the milestone now carries a Community Notes fact check, stating that the approach used to recover the 15-bit ECC key depends on classical verification of outputs indistinguishable from random noise, effectively amounting to classical guessing.

    Former Bitcoin Core maintainer Jonas Schnelli analyzed Lelli’s submission and found that the IBM circuit, running roughly 98,000 gates at approximately 99.5% per-gate fidelity, produced outputs statistically indistinguishable from random coin flips.

    Schnelli reproduced the full key recovery in about 20 lines of Python using pure random bits, with no quantum hardware involved. His conclusion was direct: the quantum computer added no detectable signal over classical randomness.

    Coinkite founder, Rodolfo Novak, insisted Project Eleven is misleading the public, calling its quantum claims “theater.” On X he argued “the private key is classically solved before the quantum circuit even runs” and that the system “isn’t finding anything — it’s being told the answer,” adding the results rely on “a classical verify filter.” Novak concluded that while “the quantum threat to Bitcoin is real but distant,” today’s demos are “classical computations wearing quantum costumes.”

    Researcher Yuval Adam confirmed the finding independently by swapping Lelli’s IBM quantum backend for /dev/urandom, Linux’s classical random number generator, and recovering the target key identically. The 15-bit curve carries a search space of only 32,767 possible private keys, small enough that a classical verifier checking candidates against the public key finds a match through near-random sampling at high probability.

    Bitcoin proponent Jimmy Song described the quantum computer as performing the same function as /dev/urandom. The X account TFTC noted in a widely read thread that every public Shor’s algorithm demonstration on ECC to date relies on classical pre-computation that effectively encodes the answer into the circuit before quantum hardware runs.

    IBM Quantum Hardware Cracks 15-Bit ECC Key, but Bitcoin Devs Say Random Bits Match the Result
    Source: X

    Critics also pointed to a conflict of interest in the prize structure. Project Eleven, backed by Coinbase Ventures, Castle Island Ventures, Variant, and Balaji Srinivasan, created the prize, judged submissions through three independent physicists, awarded the bounty, and then issued press releases warning that approximately 6.9 million BTC held in wallets with exposed public keys faced potential long-term risk. The company sells post-quantum cryptography tools.

    Project Eleven Founder Addresses the Criticism

    Pruden acknowledged in a follow-up thread that the result was not Q-Day and that NISQ-era experiments routinely depend on classical assistance. He argued the demo still represented incremental, reproducible progress on accessible public hardware and that migration planning for post-quantum cryptography remains a reasonable long-term priority. The Project Eleven executive added:

    “Bottom line: This is incremental progress in a noisy, early field — not Q-Day. It highlights why we track resource reductions and why post-quantum migration planning matters for long-term security. Skepticism is healthy; moving goalposts isn’t. Happy to discuss the technical details or share the repo/judges’ feedback.”

    The gap between Lelli’s result and any practical threat to Bitcoin is substantial. Bitcoin’s secp256k1 curve operates at 256-bit security. The distance from 15 bits to 256 bits represents a factor of 2 to the power of 241 in computational difficulty. Even optimistic recent research, including a Google paper published in April 2026, estimates that breaking 256-bit ECC would require fewer than 500,000 physical qubits, a threshold that current quantum hardware falls far short of.

    The episode illustrates a tension that has persisted across quantum computing coverage: incremental hardware milestones generate headlines, but the distance between toy-scale demonstrations and production cryptographic systems remains an engineering gap without a near-term solution. Bitcoin’s security model depends on that gap, and developers say it remains intact.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Senate Skips CLARITY Act Vote Monday, Five Days Left on Clock

    August 3, 2026

    Bitcoin And Ethereum Edge Higher As Traders Watch Altcoin Rotation

    August 2, 2026

    XEC up +11.89%, BTC -2.07%, Pump.fun is The Coin of The Day – Daily Market Update for Aug 01, 2026 | CoinCodex

    August 1, 2026

    OpenAI cuts GPT-5.6 Luna price 80% as cheap rivals gain ground

    July 31, 2026
    Top Posts

    U.K. FCA Seeks Feedback on Consumer Duty for Crypto Companies

    January 25, 2026

    New trojan campaigns attack hundreds of crypto wallets and banking apps

    May 3, 2026

    How Trump manipulated both stock and oil markets yesterday for himself and his friends

    March 24, 2026

    Welcome to CryptoDigestAlert.com! Your go-to source for fast, reliable updates from the ever-evolving world of cryptocurrency. Whether it's Bitcoin, altcoins, blockchain breakthroughs, or DeFi trends, we bring you timely insights, expert analysis, and key developments shaping the future of digital finance. Stay ahead with real-time crypto news and in-depth coverage.

    Top Insights

    Senate Skips CLARITY Act Vote Monday, Five Days Left on Clock

    August 3, 2026

    Bitcoin And Ethereum Edge Higher As Traders Watch Altcoin Rotation

    August 2, 2026

    XEC up +11.89%, BTC -2.07%, Pump.fun is The Coin of The Day – Daily Market Update for Aug 01, 2026 | CoinCodex

    August 1, 2026
    Advertisement
    Demo
    • News
    • Technology
    • Learn/Guide
    • Regulation
    • Business
    • Live Pricing Chart
    © 2026. Burleys Holdings Ltd Company Reg: 15927118 - Unit 15 Manor Farm, Tarnock, Axbridge, UK, BS26 2SL - Design & SEO + GEO Developed By SEO - Craig Burley

    Type above and press Enter to search. Press Esc to cancel.