The P versus NP problem is a major unsolved problem in computer science. It asks whether every problem whose solution can be quickly verified can also be solved quickly.

It is one of the seven Millennium Prize Problems selected by the Clay Mathematics Institute, each of which carries a US$1,000,000 prize for the first correct solution.

The informal term quickly, used above, means the existence of an algorithm solving the task that runs in polynomial time, such that the time to complete the task varies as a polynomial function on the size of the input to the algorithm (as opposed to, say, exponential time). The general class of questions for which some algorithm can provide an answer in polynomial time is called "class P" or just "P". For some questions, there is no known way to find an answer quickly, but if one is provided with information showing what the answer is, it is possible to verify the answer quickly. The class of questions for which an answer can be verified in polynomial time is called NP, which stands for "nondeterministic polynomial time".[Note 1]

An answer to the P = NP question would determine whether problems that can be verified in polynomial time can also be solved in polynomial time. If it turned out that P ≠ NP, which is widely believed, it would mean that there are problems in NP that are harder to compute than to verify: they could not be solved in polynomial time, but the answer could be verified in polynomial time.

Aside from being an important problem in computational theory, a proof either way would have profound implications for mathematics, cryptography, algorithm research, artificial intelligence, game theory, multimedia processing, philosophy, economics and many other fields.[2]