Wilmington, DE, August 1, 2025 – (ACN Newswire via SeaPRwire.com) – Naoris Protocol, the post-quantum infrastructure pioneer, today announced a $120,000 (1BTC at time of announcement) bounty program challenging cryptographers worldwide to break the elliptic curve algorithms that currently secure the global digital economy, from Bitcoin’s $2.4 trillion market to the $410 trillion banking system.
The challenge highlights an urgent reality: while these cryptographic foundations remain unbreakable today, quantum computers will inevitably crack them within 10-20 years, potentially triggering the largest financial crisis in history.
The Bounty Structure
- $50,000 for breaking secp256k1 (Bitcoin and Ethereum)
- $30,000 for breaking Ed25519 (Signal, WhatsApp, Solana)
- $20,000 for breaking NIST P-256 (TLS/SSL, Internet security)
- $10,000 for other major curves (P-224, P-384, P-521)
“ This isn’t about attacking cryptocurrency, it’s about defending it,” said David Carvalho, CEO of Naoris Protocol. “ These curves are mathematical masterpieces that have protected global commerce for decades. But quantum computing will render them obsolete. We’re building the quantum-safe infrastructure the world needs before that day arrives.”
What’s at Stake
The elliptic curve cryptography targeted by this bounty currently protects:
- $410 trillion in global banking assets
- $145 trillion in assets under management
- $57 trillion in intellectual property
- $2.4 trillion in cryptocurrency
- Government communications and defense systems
- Every secure internet transaction
The Challenge
Participants must demonstrate the ability to recover a full private key from a public key using mathematical cryptanalysis. Implementation flaws, side-channel attacks, or weak random number generators don’t qualify; this is about breaking the math itself.
Submissions can be made at: BountyForm
“ When quantum computers achieve this in the next decade or two, it won’t be a drill,” Carvalho warned. “ That’s why forward-thinking enterprises and governments are transitioning to post-quantum cryptography now.”
Racing Against Time
Current quantum computers have approximately 1,000 physical qubits. Breaking 256-bit elliptic curve cryptography requires an estimated 2,330 logical qubits. Although that gap may seem large, quantum computing is advancing at an exponential rate.
“ The NSA announced in 2015 they’re transitioning to quantum-resistant cryptography,” noted Carvalho. “ When the world’s premier cryptographic authority moves, smart organizations follow.”
About Naoris Protocol
Naoris Protocol is building enterprise-grade, quantum-resistant blockchain infrastructure using lattice-based cryptography that withstands both classical and quantum attacks. The company serves Fortune 500 enterprises and government agencies, preparing for the post-quantum era.
Submit entries here: BountyForm
Media Contact: sharon@babslabs.io
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