Under the threat of quantum computing, blockchain security is ushering in new opportunities. Project Eleven, a project focused on resisting quantum computing attacks, recently raised $20 million, with its valuation soaring to $120 million. Speaking of which, they completed a $6 million funding round last year, and this time it has indeed multiplied several times.
The core approach is clear—develop technical solutions that can withstand quantum computing attacks. As quantum computing technology gradually advances, the security of traditional encryption algorithms indeed needs to be reassessed. The security of blockchain networks and digital assets cannot rely solely on old methods, which is also why these types of projects are suddenly attracting so much capital attention. Judging from the pace of fundraising, investment institutions still have strong confidence in this direction.
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AlphaBrain
· 01-17 16:18
Quantum computing has long been a topic that should be taken seriously, but it's a bit late now that it's being hyped... A 20 million funding round sounds quite substantial, but can it truly solve the problem?
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MEVHunterZhang
· 01-17 09:19
Quantum computing has been talked about for so many years, and now someone is finally investing real money into it. This is getting interesting.
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FalseProfitProphet
· 01-16 15:21
Quantum threats are now a topic of discussion. Capital truly treats security as a business, and with funding doubling, it's clear that the opportunity is here.
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DisillusiionOracle
· 01-14 18:17
Quantum computing has been hyped for so long, and finally someone is really starting to work on it? $20 million in funding sounds like a lot, but can it really solve the problem?
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0xOverleveraged
· 01-14 18:12
Once quantum computing arrives, new locks will need to be installed. This logic actually makes sense. But going from a 20 million valuation to 120 million... this round of financing is a bit aggressive. Is it really that urgent?
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RugPullAlertBot
· 01-14 17:52
Quantum computing hasn't truly threatened us yet; this wave of funding hype is just another narrative hype.
Under the threat of quantum computing, blockchain security is ushering in new opportunities. Project Eleven, a project focused on resisting quantum computing attacks, recently raised $20 million, with its valuation soaring to $120 million. Speaking of which, they completed a $6 million funding round last year, and this time it has indeed multiplied several times.
The core approach is clear—develop technical solutions that can withstand quantum computing attacks. As quantum computing technology gradually advances, the security of traditional encryption algorithms indeed needs to be reassessed. The security of blockchain networks and digital assets cannot rely solely on old methods, which is also why these types of projects are suddenly attracting so much capital attention. Judging from the pace of fundraising, investment institutions still have strong confidence in this direction.