Checker.Crypto

onchain receipts on post-quantum & privacy l1s before ct catches up | nfa · @qlyphsxyz ambassador

[Checker.Crypto @Checker1crypto]

$QTC went live on https://t.co/5IuyHzpwrl today with only 1.27% of its supply actually circulating

> tl;dr 98.7% is unmined or vesting, and the big insider cliff is 338 days out

267k qtc circulating x $100 = ~$26.7m. not the $2.1b fdv

math, receipts, how to buy and the one wallet to watch

coingecko still shows mc as $0 (https://t.co/mm2fI11who), so heres the live chain read from https://t.co/FR2H8xbBKD
- 5.72m of 21m qtc issued
- 5.46m of that locked in the vesting pallet
- ~54k mined since sep 9 genesis

> 46 schedules hold 5.42m qtc and release nothing before sep 9 2027. every one is listed here: https://t.co/pvDTfdBoiI

the split is in the whitepaper (https://t.co/YUuOCPzf2d): 23% team + investors, 4% company, 1y cliff then 36mo linear

until today the only market was a cex the team never endorsed, ~$1.4k of +2% depth. their oct 1 warning about it: https://t.co/nseHP8NQwK

> today @near_intents opened qtc to 180+ assets on 30+ chains: https://t.co/Onn6bSZPie

the near pool opened at ~$20 (24h low $19.98). its ~$101 now, 1,781 buys vs 164 sells, $13m liquidity: https://t.co/6uaI1LFSGy

how to buy, official route only:
- go to https://t.co/5IuyHzpwrl, sign up with a wallet or passkey, no email no kyc
- swap into qtc from usdc, btc, eth, sol, zec or 180+ other assets
- swaps route through the @rhea_finance pool via near intents solvers
- withdraw natively to your own quantus wallet (https://t.co/PE6AgU2N1L) if you want self custody
- real ca on near is qtc.omft.near, any other "qtc" ca is a copy

props to @QuantusNetwork: vesting fully onchain and no dev tax, block reward is just unmined supply / 50m (https://t.co/htX2WkdJij)

the risk:
- miners print ~2k qtc/day (~$200k)
- the team pegs mining cost at $45-80/coin (https://t.co/zinQp5F7p5)
- sep 2027 adds ~4.9k/day for 3 years

> so when you see "one wallet holds 73% of the float", now you know: its the treasury's 210k, the 1% set aside for initial liquidity. it moved oct 5, and nearblocks now shows 185k qtc bridged to near: https://t.co/BjwvxItScf

treasury account, check the outflows yourself: https://t.co/UU6gJwARj3

now you know more about $QTC than 99% of ct. nfa dyor

[Quantus @QuantusNetwork]

QTC is now live on https://t.co/SaFYOaGrTo, powered by @near_intents.

Swap into QTC from 180+ assets across 30+ chains, including BTC, ETH, SOL, and ZEC.

Every swap is confidential by default.

Quantum secure encrypted money, now one swap away.

[Checker.Crypto @Checker1crypto]

@aangel @QuantusNetwork @near_intents @Raydium @qlyphsxyz @rhea_finance @solana That’s sound only one, qtc just being huge that somebody trying to larp this

[Checker.Crypto @Checker1crypto]

$QTC just landed on solana through raydium. only 4.4% of its float made the trip, and 95.9% of them sit in one raydium pool

> tl;dr 4.4% of the float crossed over, 1 wallet seeded the whole pool 2h18m before the tweet, and 12 fake qtc tokens launched within 10 min of it. real mint ends in ...ry68T8

check the math yourself:
spl supply of the real mint: 15,001.05 qtc
coingecko circulating: 338,172 qtc
15,001 / 338,172 = 4.4%
in the raydium qtc/usdc pool: 14,388 of them (pic 1)

> how it got there, utc:
12:30 near's omni bridge mints 10,000 qtc to Aok89N...AsndNq
15:12 another 5,000 to the same wallet
15:25 same wallet opens the pool with 75,000 usdc
15:27 then adds 14,757 qtc on top. thats the whole launch liquidity (pic 2)
17:43 @QuantusNetwork posts the announcement

no label on that wallet. it reads like the launch lp, but i cant confirm whose it is
its the address to watch: if those 14k qtc get pulled, solana depth leaves with them

volume so far:
- raydium pool, under 3h old: $283k
- rhea qtc/usdc, full 24h: $236k
- a big chunk of that is arb between the two pools
- the cleaner signal: ~400 qtc have left the pool since 15:27, about $20k of net solana buying. track that number, not the volume

now the part that costs people money:
> at least 12 fake qtc tokens went live between 17:44 and 17:53 utc on pumpfun, arc, robinhood chain and bsc. 1,096 trades, ~$141k volume
5 of them end in the same ...7777
> coingecko still lists only the near contract, so the screener is where people get rekt

the only real one, from quantus's own reply:
Bn9oW3GVKQdgNJG5w5P53dbuZfUtAehwFAniZYry68T8

- props to @near_intents: a pow l1 with no smart contracts got a raydium pair without shipping its own bridge, and the spl has no freeze authority, nobody can freeze your bags

> honest minus: the qtc in your phantom is a bridged copy held by ed25519 keys. ml-dsa protects qtc on the quantus chain, not on solana. if quantum safety is why you hold it, bridge back home

now you know more about $QTC on solana than 99% of ct

🐂

dyor

[Quantus @QuantusNetwork]

Quantum Secure Encrypted Money.

Quantus has been secured with ML-DSA since genesis.

33,400+ accounts and counting.

QTC is now available on @solana through @Raydium, powered by @near_intents.

[Checker.Crypto @Checker1crypto]

@bigcarloxx @QuantusNetwork @near_intents @Raydium @qlyphsxyz @rhea_finance @solana 4.4% on the first bridge day is normal. 95.9% in one raydium pool means almost all solana trading is there, and this isnt a memecoin where someone rugs the lp

12 fakes in 10 min is standard sniper stuff. real one still ends in ...ry68T8, watching if more crosses

[Checker.Crypto @Checker1crypto]

@soqucoin @SoqucoinLabs @LuxxPool @KraskusCrypto @HobbyistMiner @IrishWolfAwooo agreed, f2pool it is, i corrected it in the thread earlier. thanks for confirming

one small ask: a pool label on sq1pyvjd in the explorer. its at 997.5m soq now (20.5% of supply), up from 943.7m this morning, so a tag would save the next person the same dig

[Checker.Crypto @Checker1crypto]

soqucoin:native, a post-quantum pow l1, sends 86% of its new coins to one address. it still holds 19.6% of all soq

> tl;dr sq1pyvjd…gmgyul found 8,396 of the last 9,758 blocks (nov 5 to nov 12). it mined 1.06b soq since nov 3 and 943.7m of it never moved. the supply map shows who can sell next

the setup:
- soqucoin signs every tx with ml-dsa-44 from block 0 and is merge-mined with litecoin and doge, so any scrypt rig can mine it on the side
- the site says no pre-mine, no team allocation (pic 3)
- the explorer's "7 day" button only covers ~1,000 blocks, so i ran the custom range 35,030 to 44,787. thats the real week (pic 1)

the map:
- 1 address: 8,396 blocks = 86.04%, 839.6m soq in 7 days
- 2nd address: 1,011 blocks = 10.36%
- everyone else together: 351 blocks, 3.6%
- since genesis 2 addresses found 52.5% of all 44,787 blocks. the launch window went 999 of the first 1,000 blocks to one address
- 943,701,387 soq still sits on sq1pyvjd (pic 2). thats 19.6% of the 4.807b supply

the math you can check:
10,641 blocks x 100,000 soq = 1.064b mined, 943.7m left = 88.7% never moved
what did move: ~120m, six sends of 20m to one wallet

> why it matters:
the network runs ~705.6 th/s. the official pool @LuxxPool showed 7.91 th/s combined on nov 11
so the miner taking 86% isnt the official pool, and the explorer tags no pool name on it

whats next: nov 19, 16:00 utc the launch pool (soqupool) shuts its stratum and moves into luxxpool. watch if the 86% moves with it

credit where due: @soqucoin shipped ml-dsa-44 from genesis, disclosed the 328.6m block 1 migration onchain and put soqushield on ios this week

> the honest part: a payout address isnt always one person. if its a big scrypt pool, its miners still get paid and those coins hit the market. at $0.000242 the 943.7m is ~$229k, about one full day of soq's $228k volume

so when you see "fair launch, no premine" on a new pq coin, check who finds the blocks

whose rig is sq1pyvjd?

dyor

[Checker.Crypto @Checker1crypto]

@QuantusNetwork @solana @Raydium @near_intents quietly huge. qtc used to mean quantus or near only, now its on solana too, through raydium and routed by near intents

same pq money, a lot more doors to reach it. step by step, and its only week 10 of mainnet 🔥

[Checker.Crypto @Checker1crypto]

@QuantusNetwork pin-worthy: at least 12 fake qtc tokens launched on pumpfun, arc, robinhood chain and bsc between 17:44 and 17:53 utc, ~$141k traded in them. the real one is this mint, minted by near's omni bridge, no freeze authority

[Checker.Crypto @Checker1crypto]

receipts:
1. real mint + ca from quantus itself: https://t.co/zjsTFSqAmJ
2. spl supply 15,001 + holders, pool at 95.9%: https://t.co/S7oI5ccPv0
3. 10,000 qtc minted by omni bridge 12:30 utc: https://t.co/TOKJzd0uAM
4. 5,000 more 15:12 utc: https://t.co/k6pgvozqGj
5. the lp wallet, both add liquidity txs: https://t.co/U6ndp6YbvA
6. pool live numbers (reserves, volume): https://t.co/1PX5FUB8tq
7. circulating 338,172 + only the near contract listed: https://t.co/eEvvdAv6As

[Quantus @QuantusNetwork]

Contract address 👇

Bn9oW3GVKQdgNJG5w5P53dbuZfUtAehwFAniZYry68T8

[Checker.Crypto @Checker1crypto]

@DefiantNews the backing they mean: 2,480 btc (~$178m) in one taproot output, bc1psptt...hteyx, 8 of 11 signers. the pq test itself moved 1,000 sats ($0.72). docs say key path only, every spend i checked since oct 20 went through the 8 of 11 script

[Checker.Crypto @Checker1crypto]

@Stacks the vault swaps its key after every signature. the btc peg rotates too: 5 new bc1p addresses this year, feb 11 to oct 20. but each new bc1p shows its key from block one, so rotation alone doesnt close the quantum gap for the 2,480 btc

[Checker.Crypto @Checker1crypto]

@andrerserrano on priority 2 the target is concrete: 1 output, 2,480 btc, bc1psptt...hteyx. since oct 20 it already spends through an 8 of 11 leaf, so the script half is there. what it still needs is an output with no key path. is a p2mr peg on the roadmap?

[Checker.Crypto @Checker1crypto]

@muneeb for scale: the pq test moved 1,000 sats. the peg it doesnt cover yet is 1 taproot output with 2,480 btc (bc1psptt...hteyx). since oct 20 it spends via an 8 of 11 script, but the output key itself is still a key path. bip-360 is the l1 piece that closes it

[Checker.Crypto @Checker1crypto]

@StackingDao @Stacks stbtc sits on sbtc, so it lands on the same peg: 1 bc1p output, 2,480 btc right now, 8 of 11 signers. pq on the stacks side is the easy half. the btc half waits on an l1 output with no key path (bip-360)

[Checker.Crypto @Checker1crypto]

receipts:
1. https://t.co/Ru4Z1xhPLk - the announcement, tx 0xb983fa37
2. https://t.co/mMWiQxa0mo - withdraw-sbtc, amount u1000, sig = 512 x 32-byte hashes
3. https://t.co/iNNSnh26uw - "main sbtc hasnt been upgraded yet"
4. https://t.co/NKwVRhn6c4 - peg address, "only spendable via a key path spend", 11 signers
5. https://t.co/r6XvJ7GWpi - 2,480 btc, taproot tree: public key + multisig 8 of 11
6. https://t.co/uQ2a00jabH - a peg spend: script path, 8 signatures
7. https://t.co/pwVLuSYgMy - oct 20 move from the old address, 1 signature (key path)
8. https://t.co/LYnPir53mF - stacks labs pq r&d, priority 2
9. https://t.co/Q0jiRCJBsk - p2mr drops the key path

[Muneeb @muneeb]

@ElGatoPartners Not all sBTC. We did a special transaction to show how post-quantum sbtc will work.

Main sbtc hasn’t been upgraded yet.

[Checker.Crypto @Checker1crypto]

$STX just moved sbtc with a quantum-safe signature. the 2,480 btc behind it sit behind 1 public key

> tl;dr the pq test moved 1,000 sats ($0.72). the btc behind sbtc is 1 output: 2,480 btc (~$178m), 8 of 11 signers to spend. a quantum computer would need 0 of them, just the key printed in the address

what stacks labs shipped:
- tx 0xb983fa37, withdraw-sbtc from a pq-vault contract, amount u1000
- the lamport signature is 512 hashes x 32 bytes = 16,384 bytes. schnorr is 64
- muneeb said it himself: a special tx, "main sbtc hasnt been upgraded yet"

> so where is the rest:
- stacks docs name the peg: bc1psptt...hteyx, one single utxo
- mempool right now: 2,480.028 btc confirmed
sbtc supply on the token contract: 2,480.027
1:1, so this one output is the whole backing (pic 1)

why "1 key" if its 11 signers
> since oct 20 the peg spends through a script: 11 keys, 8 signatures needed
> i checked 1,081 of its ~2,000 spends: all 8 of 11, 0 through the key path
> before oct 20 the peg was one aggregated key, 1 signature per spend

but its still taproot. a bc1p address on $btc is the public key itself
- solve that one key and you spend through the key path, the 8 of 11 script never runs
a normal computer cant. shor can. thats the whole q-day risk in one line

rotations dont close it either. the btc moved to a new bc1p 5 times this year (feb 11, jul 27, aug 24, oct 13, oct 20), and each new key is public from block one

docs vs chain: the sbtc docs still say the peg is "only spendable via a key path spend". all 1,081 spends i checked took the script path (pic 2)

the path:
- stacks labs set up a pq r&d team and put "study how to protect the bitcoin backing sbtc" as priority 2. props to @andrerserrano for saying it out loud the same day
- my read: the peg already lives in a script leaf, the part bip-360 (bc1z) keeps when it drops the key path. the day btc ships that, the peg has its shape ready

> honest minus: no quantum computer can do this today, and every bc1p has the same gap. sbtc isnt worse than taproot, its $178m in one place
and the real fix isnt in stacks' hands. bip-360 is still a draft, btc l1 moves first

so when you see "first post-quantum sbtc transfer", now you know: $0.72 moved quantum-safe, $178m still waits on bitcoin

what ships first: bip-360 or a pq peg on stacks?

dyor

[Andre Serrano @andrerserrano]

I underestimated Bitcoin’s risk to quantum.

Initially, it seemed like a problem that was still far away. Surely the smart people in the Bitcoin community would figure it out before it became urgent.

But after spending more time researching it, it became clear that the challenge is more complicated.

We’re now faced with some difficult questions:

- Which PQ signature scheme should Bitcoin adopt?
- How should users migrate?
- What happens to lost or dormant coins?
- How does the network reach agreement on an upgrade?

Bitcoin has no company or foundation that can mandate an upgrade. That decentralization is one of its greatest strengths, but it also makes a coordinated migration difficult.

Choosing an approach, building it, reaching consensus, and migrating users could take years.

So what are we doing about it?

At Stacks Labs, we’ve formed an R&D team focused on three initial priorities:

1. Make Stacks quantum-resistant
2. Study how to protect the Bitcoin backing sBTC
3. Contribute research and proposals that can support Bitcoin’s transition to PQ

As a first step, we completed an sBTC transfer on Stacks mainnet using Lamport signatures, a hash-based signature verified in Clarity.

This is an early PoC. We’re still evaluating potential signature schemes and what a broader transition would require. We’ll share more about this research and the broader Stacks quantum roadmap soon.

[Checker.Crypto @Checker1crypto]

@IrishWolfAwooo @soqucoin @SoqucoinLabs @LuxxPool @KraskusCrypto @HobbyistMiner thanks. 943.7m soq sat unmoved on sq1pyvjd this morning, so the first f2pool payout shows onchain fast. ill be watching

[Checker.Crypto @Checker1crypto]

@IrishWolfAwooo @soqucoin @SoqucoinLabs @LuxxPool @KraskusCrypto @HobbyistMiner you're right, checked it. 327 of 327 sampled sq1pyvjd blocks carry /F2Pool/ in the parent ltc coinbase, 53 of 53 on #2 carry /LP/. i missed the auxpow tag

so its a pool, not a rig. 943.7m still sat there this morning tho. when does f2pool start paying soq out?

[Checker.Crypto @Checker1crypto]

@fackblock @CounterStrike @skinledger @ohnePixel this guy have a huge mind

[Checker.Crypto @Checker1crypto]

@mitansh_j07 @soqucoin @SoqucoinLabs @LuxxPool @KraskusCrypto @HobbyistMiner @IrishWolfAwooo Thats is a @f2pool , the team helped us figure it out, and we are very grateful to them for that!

[Checker.Crypto @Checker1crypto]

@stivi00849971 @soqucoin @SoqucoinLabs @LuxxPool @KraskusCrypto @HobbyistMiner @IrishWolfAwooo @f2pool Thats true, u right buddy is this a F2Pool, thanks for the clue!

[Checker.Crypto @Checker1crypto]

@soqucoin @SoqucoinLabs @LuxxPool @KraskusCrypto @HobbyistMiner @IrishWolfAwooo Update about sq1pyvjd…gmgyul

sq1pyvjd…gmgyul is a F2Pool

Proof on screen from official tg-chat soqucoin:native

Props for fast feedback! Always dyor guys🫡