Project Eleven CEO Claims Quantum Labs Are Withholding Unpublished Results

Project Eleven co-founder and CEO Alex Pruden stated on an Oct. 19 Unchained livestream that quantum computing labs have directly told his firm they are keeping certain results unpublished to avoid creating panic or because they were instructed not to release them. Pruden did not identify the specific quantum labs, detail the unpublished findings, or specify who instructed the labs to withhold the data, though Project Eleven co-founder Conor Deegan noted earlier in the discussion that the firm cannot speak to whether AI or quantum labs are sitting on cryptographic breaks. In an earlier Oct. 8 clip from a TOKEN2049 Singapore side event, Pruden alleged that Google and major quantum computing companies are self-censoring and claimed internal sources at those firms said the government is preventing them from posting material. Google previously stated in a March 31 blog post regarding quantum resource estimates needed to break 256-bit elliptic curve cryptography that it engaged with the US government and published a zero-knowledge proof rather than the underlying circuits to avoid providing a roadmap for bad actors. Project Eleven builds post-quantum security software for digital assets and introduced an institutional custody platform called Strongpoint on Oct. 7, targeting production in Q4 2026 as developers across the sector propose per-swap viewing keys and contingency plans against quantum threats. "We’ve been told by quantum labs that they are not publishing certain results because they’ve been told not to or because they’re choosing not to." — Alex Pruden