BREAKING
49d 23h ago

Bitcoin Quantum Threat Declared a Bubble: F2Pool Co-Founder Wang Chun Says Secp256k1 Won’t Break in the Short Term

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

COINOTAG News reported that F2Pool co-founder Wang Chun aligned with Adam Back‘s assessment that the quantum computing threat to Bitcoin remains speculative in the near term. He argued that claims of an imminent breach of the secp256k1 curve constitute a bubble rather than a concrete risk, underscoring that Bitcoin‘s elliptic-curve security is not presently endangered by quantum advances. The stance mirrors Back’s public critique of Nic Carter‘s warnings about quantum risk, emphasizing measured discourse over alarm. While the industry should monitor quantum progress and maintain readiness for post-quantum cryptography, Wang and Back advocate prudence in risk messaging to avoid destabilizing market sentiment.

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