Naoris $120K Post-Quantum Bug Bounty on Elliptic Curves
Naoris Protocol has launched a $120,000 post-quantum bug bounty to test and strengthen elliptic curve cryptography against future quantum computing attacks. The program awards $50,000 for breaking secp256k1 (Bitcoin, Ethereum), $30,000 for Ed25519 (Signal, Solana), $20,000 for NIST P-256 (TLS/SSL), and $10,000 for other NIST curves. Participants must recover a full private key through pure mathematical cryptanalysis, excluding implementation flaws. CEO David Carvalho stressed that this effort “isn’t about attacking cryptocurrency, it’s about defending it,” highlighting the urgency for quantum-safe solutions.\n\nThe bounty underscores growing concerns as quantum computing nears the 2,330 logical qubits needed to crack 256-bit curves. In response, Bitcoin developers are drafting a BIP to phase out vulnerable signature schemes. Meanwhile, Sui Research unveiled a quantum-resistant framework compatible with Sui, Solana, Near, and Cosmos without hard forks. This post-quantum bug bounty marks a proactive step in bolstering blockchain security and cryptographic resilience ahead of future quantum threats.
Neutral
In the short term, Naoris’s post-quantum bug bounty is an academic security initiative targeting future quantum risks rather than pressing blockchain issues. It’s unlikely to spur immediate trading activity for BTC, ETH, SOL, or other tokens. Over the long term, this proactive move may bolster confidence in elliptic curve cryptography and overall blockchain resilience. However, with quantum computers still far from the qubit scale needed to break current standards, any price impact remains distant. Overall, the market reaction is expected to be neutral.