Blockchain Encryption: Naoris Unveils a Daring $120K Challenge to Test Its Unbreakable Security
Main Idea
Naoris has launched a $120,000 bounty program to test the strength of key blockchain encryption algorithms, including secp256k1 and Ed25519, to enhance digital security and prepare for quantum-resistant standards.
Key Points
1. Naoris offers a $120,000 bounty to test the robustness of blockchain encryption algorithms, with $50,000 for cracking secp256k1 and $30,000 for Ed25519.
2. Secp256k1 is foundational for Bitcoin and Ethereum security, while Ed25519 is used by Solana and encrypted messaging apps.
3. The program aims to identify vulnerabilities and strengthen encryption standards, particularly in anticipation of quantum computing threats.
4. Naoris specializes in quantum-resistant security, highlighting the need for future-proof blockchain encryption.
5. The initiative invites ethical hackers and cryptographers globally to stress-test these algorithms, ensuring long-term security for decentralized systems.
Description
BitcoinWorld Blockchain Encryption: Naoris Unveils a Daring $120K Challenge to Test Its Unbreakable Security Imagine a world where the very foundations of your digital assets are put to the ultimate test. A cybersecurity firm steps forward, not to break down, but to build up, by challenging the brightest minds to find weaknesses in the strongest digital locks. This isn’t a plot from a sci-fi novel; it’s the exciting reality unfolding with Naoris’s audacious $120,000 bounty program aimed at forti...
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