BNB Chain Prepares for Quantum Computing Threats
- Quantum Resistance Upgrade: A report from BNB Chain's research division reveals that Binance Smart Chain is testing quantum-resistant cryptographic upgrades using ML-DSA-44 and pqSTARK technologies, laying the groundwork for future security despite the current lack of quantum attack threats.
- Signature Data Expansion: The new protocol increases transaction signatures from 110 bytes to approximately 2.5 kilobytes, with block sizes surging from 130 KB to nearly 2 MB, resulting in a significant performance drop with throughput reduced by 40% to 50%.
- Data Propagation Bottleneck: Research indicates that the primary performance loss stems from data propagation rather than consensus mechanisms, as the increased transaction and block sizes compound the network load despite pqSTARK's ability to compress signature data.
- Balancing Security and Efficiency: BNB Chain's choice of ML-DSA-44 aims to ensure security and signature compactness, with developers noting that current quantum computers cannot break the encryption of major blockchains, emphasizing the need for the industry to prepare for future threats.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC). As of , Bitcoin (BTC) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 3 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 70663.705 | 72476.653 | 74574.105 | 76387.053 | 78484.505 | 80297.453 | 82394.905 |
| Fibonacci | 72476.653 | 73970.425 | 74893.28 | 76387.053 | 77880.825 | 78803.68 | 80297.453 |
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