
Parallel Universes & Bitcoin: How Quantum Computing Will Break Bitcoin
What happens when quantum computing collides with Bitcoin? In this episode, we talk to Alex Pruden, co-founder of Project 11, about why the current cryptographic foundations of blockchain may not survive the next computing wave.
We dig into what quantum computers actually are, how they break traditional cryptography, and why digital signatures — the backbone of crypto ownership — are at risk. Alex also breaks down Project 11 and the Q Day Prize, which tracks real progress toward quantum machines that could one day break Bitcoin.
From gas fees to multiverse theory, this episode touches on both the practical and the existential. If you’re holding crypto and think you’re safe — you’re not paying attention.
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Guest Links / Additional Material:
https://www.projecteleven.com/ - Project 11 Website:
yellowpages.xyz - Anonymous post-quantum proof of Bitcoin ownership
qdayprize.org - Meant to serve as the "canary" to provide advance warning of a quantum computer that might threaten Bitcoin
Blog Post "Quantum Wargames" which covers the who, when, and how of QDay: https://blog.projecteleven.com/posts/quantum-wargames
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Timestamps:
00:00 - Intro
01:20 - What is Quantum Computing?
05:10 - Special Forces, Stanford, a16z & Aleo - Alex’s Background
10:30 - Reflecting on Early Pitches of Solana & Co.
14:50 - The Many Worlds Theory of Quantum Mechanics
21:20 - Quantum Computing Beginnings
23:57 - Challenges
29:30 - The Role of Quantum Computing in Crypto
33:30 - What Does This Mean For Bitcoin?
38:00 - Stealing Bitcoin with a Quantum Computer
41:20 - Project 11: Preparing for a Post-Quantum World
43:30 - The Q Day Prize: Who Can Break Bitcoin?
49:45 - Upgrading Chains to Post-Quantum Crypto
56:20 - The Future of Crypto in a Quantum World
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Disclaimer:
TEACHMEDEFI is a provider of entertainment and opinions. We are neither a broker/dealer nor an investment advisor. This is not a service for issuing or receiving financial or investment advice. None of our content constitutes a recommendation – or should be understood as such – to conduct transactions in securities, cryptocurrencies, or crypto-assets, or to engage in any of the investment strategies presented in our discussions or provided content. We do not provide personalized recommendations or views on whether a stock, cryptocurrency, crypto-asset, or investment approach is suitable for the financial needs of a particular individual.
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