Project Eleven has developed a cryptographic proof enabling a Bitcoin wallet’s key-derivation path to act as a valid ownership claim once quantum computers can compromise traditional digital signature security. The solution, designed to address Bitcoin’s vulnerability to quantum attacks, operates in 243 milliseconds on a standard laptop, offering a potential safeguard for post-quantum scenarios while notably leaving untouched the 1.1 million BTC attributed to Satoshi Nakamoto.
Also Read
- UK turns delayed wallet identification into a 14-year criminal risk for crypto firms
- One Year On: Assessing the Impact of the GENIUS Act on Crypto Regulation
- Michael Saylor Criticizes BIP-110 Proposal to Restrict Bitcoin Blockchain Activity
- North Korea-Linked Contractor Gains Access to MetaMask Code Before ConsenSys Intervention

