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60CRYPTO

Researchers reduce estimated quantum computing resources needed to break Bitcoin encryption

⚡ Markets: A long-term, low-probability, high-impact risk for the entire crypto space. Accelerates the need for quantum-resistant algorithms. No immediate price impact, but a negative tail risk.BTCETH

New research has significantly lowered the estimated resources required for a quantum computer to break the ECDSA encryption standard used by Bitcoin and Ethereum. While such an attack remains theoretical and not currently feasible, the development marks progress in quantum capabilities.

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