[China's Post-Quantum Cryptography Algorithm Plan Found to Have Multiple Critical Vulnerabilities, Involving Bitcoin's Quantum Security Preparedness] Odaily Planet Daily News: Bitcoin News posted on the X platform stating that China will launch its next-generation commercial cryptography algorithm plan in 2025, aiming to develop and evaluate cryptographic standards capable of addressing future quantum computing challenges. Independent researcher @mjos_crypto, while analyzing the candidate algorithms, has already discovered multiple critical vulnerabilities in the proposed algorithms, including publicly reproducible private keys, easily constructible hash collisions, and signature implementations that accept invalid signatures. Bitcoin currently relies on verified elliptic curve cryptography, which may face threats to its security model from future quantum computers; however, prematurely adopting inadequately tested post-quantum cryptography solutions could introduce vulnerabilities even before quantum threats emerge.