Project Eleven's Mission
In 2024, Project Eleven emerged to tackle a critically overlooked systemic threat: quantum computing's potential to break current cryptographic systems. Unlike typical crypto projects focused on liquidity or modular solutions, Project Eleven integrates Post-Quantum Cryptography (PQC) into Bitcoin and other blockchains, preemptively shielding digital assets from future quantum attacks.
The Quantum Threat Landscape
Project Eleven’s debut product, Yellowpages, enables Bitcoin holders to:
- Generate quantum-resistant backup keys linked to existing BTC addresses.
- Maintain ownership proofs without migrating assets or altering usage habits.
- Operate via off-chain/on-chain hybrid architecture for minimal protocol disruption.
Key Statistics (2025 Data):
6,262,905 BTC (worth ~$648B) are vulnerable to quantum attacks due to:
- Static storage.
- Private key exposure risks.
- Lost seed phrases.
👉 Explore quantum-resistant security solutions
Team & Leadership
| Role | Member | Background |
|---|---|---|
| CEO | Alex Pruden | Ex-Aleo President, Stanford cryptography alum. |
| Co-Founder | Finn Murphy | Nebular (data privacy) and Pool Data veteran. |
| VP Engineering | Conor Deegan | Former Pool Data CTO, spearheads PQC integration. |
| Strategic Advisor | Leeor Mushin | Formation VC co-founder, early-stage funding strategist. |
Funding & Backers
June 2025: Secured $6M in early funding led by:
- Variant Fund (Web3 focus).
- Quantonation (quantum tech investors).
- Castle Island Ventures, Ambush Capital, Formation.
Notable Angel Investors:
- Joe Lallouz (Bison Trails, Ambush Capital).
- Aaron Henshaw (Coinbase Cloud).
- Zaki Manian (Cosmos ecosystem).
Current Milestones
Yellowpages Prototype (June 2025):
- ✅ Protocol validation underway.
- ✅ Security audit by Cure 53 pending release.
- 🚫 No mainnet deployment or third-party integrations announced.
FAQs
Q: How urgent is quantum risk for Bitcoin?
A: While quantum computers capable of breaking ECDSA aren’t imminent, Project Eleven prioritizes proactive defense given Bitcoin’s long-term storage use cases.
Q: Will Yellowpages require changing my Bitcoin address?
A: No. It augments existing addresses with quantum-safe keys via non-custodial methods.
Q: Is Project Eleven launching a token?
A: No plans for tokens, governance models, or incentivized programs currently.
👉 Stay ahead of quantum threats
Disclaimer: This content is informational only. Always conduct independent research before investing.
### SEO Keywords Integrated:
1. **Post-Quantum Cryptography (PQC)**
2. **Quantum-resistant Bitcoin**
3. **Yellowpages protocol**
4. **Quantum computing threat**
5. **Crypto security**
6. **$648B at risk**
7. **Project Eleven**
8. **Bitcoin firewall**