Project Eleven launches a Bitcoin quantum vulnerability coin recovery tool, the prototype has not yet been audited
Project Eleven has launched a new zero-knowledge proof system, providing a recovery method for the quantum-vulnerable Bitcoin proposed to be frozen under BIP-361, including the Bitcoin held by Satoshi Nakamoto.
The solution leverages the property that quantum computers can break elliptic curve signatures but cannot break the one-way hash used in modern wallet key derivation, allowing the true owner holding the seed material to prove control. Benchmark tests show that the Project Eleven prototype is significantly faster than previous solutions, but the prototype has not yet been audited and is incomplete. It requires controversial modifications to blockchain rules before it can protect existing Bitcoin on the chain.
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