Project Eleven is also going into the quantum era to protect digital infrastructure. This decision is a direct parallel to the Internet-defining work Netscape achieved with the introduction of SSL (Secure Sockets Layer) thirty years ago. Netscape’s creation of SSL is popularly credited with paving the way for our safe and secure modern web. Today, Project Eleven is applying those lessons to a new mission—in safeguarding our digital assets from quantum computing’s threats.
Our company’s mission is based on the understanding of the vulnerabilities that quantum computers will bring to today’s cryptographic infrastructures. Consistent with the themes of Project Eleven, they underscore the importance of protecting our digital infrastructure from the threats of the future. The startup is hard at work developing new products and new protocols to usher in the next phase of digital security.
"Thirty years ago, Netscape laid the foundation for the modern web with the invention of SSL. As we enter the quantum era, Project Eleven aims to do the same: to secure today’s digital infrastructure–and to design new products and protocols for what comes next," - Project Eleven team
The urgency of Project Eleven’s mission is underscored by the rapid advance of quantum computers’ capabilities. The team is concerned that these improvements will come at the expense of security online.
"A cryptographically relevant quantum computer (CRQC) will break the foundational security assumptions of Bitcoin and nearly every digital asset," - Alex Pruden and Conor Deegan of Project Eleven
At Project Eleven, we’re deeply committed to building solutions to defend digital assets from this new wave of threats. Through these initiatives, the company continues its commitment to providing trusted and secure online transactions and digital infrastructure.
