Naoris Protocol Offers $120K Bounty to Test Elliptic Curve Crypto Resistance - AInvest

Naoris Protocol launches a $120,000 bounty program challenging cryptographers to break widely used elliptic curve algorithms that secure Bitcoin, banking systems, and internet communications.

This initiative targets foundational encryption methods protecting trillions in digital assets and global commerce. Rather than exploiting implementation flaws, the program encourages mathematical cryptanalysis to test algorithm strength against future quantum computing threats. The bounty offers graduated rewards based on cryptographic importance, with Bitcoin's secp256k1 curve valued at $50,000.

• Breaking secp256k1 (Bitcoin/Ethereum) offers $50,000, while Ed25519 (Signal/WhatsApp) provides $30,000
• Current quantum computers need significant advancement to threaten 256-bit elliptic curve cryptography
• The program aims to identify vulnerabilities before quantum computing makes current encryption obsolete
• Naoris Protocol develops quantum-resistant lattice-based cryptography for Fortune 500 companies and government agencies