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Project Eleven warns that the "Quantum Moment" may arrive suddenly, potentially as early as 2030.
Odaily Planet Daily reports that Quantum Security Company Project Eleven released a report stating that the “Q-Day” where quantum computing breaks encryption systems may occur as early as 2030, and is more likely to happen around 2033.
The report points out that quantum capability may erupt in a “non-linear leap” rather than gradual evolution, potentially resulting in a scenario of “long periods of no change, followed by a sudden breakthrough.”
In extreme cases, approximately 6.9 million Bitcoins (worth over $560 billion) could face risks. Currently, the industry has begun exploring response strategies including timestamp proof and forced migration.