Wraith - IXIOS

Co-founder @Ixios_io

#BTC tweets are NFA

[Wraith - IXIOS @DeFiWraith]

A huge protocol advancement is coming for $IXIOS V1.1

Conceptualized for years, engineered to greatly enhance blockchain performance

Every serious protocol will look at it and potentially there's gonna be an interest spike which will lead to blockchains racing to integrate

[Wraith - IXIOS @DeFiWraith]

If only the problem was just the digital signatures. But i know a blockchain that is going to be *fully quantum safe* and that blockchain is $IXIOS

But not a major blockchain.. yet.

[H.E. Justin Sun 👨‍🚀 🌞 @justinsuntron]

While Bitcoin debates whether to freeze vulnerable coins and Ethereum forms research committees, TRON is building.

Today I'm announcing that TRON is officially launching its post-quantum upgrade initiative. TRON will be the first major public blockchain to deploy NIST-standardized post-quantum cryptographic signatures on mainnet.

Quantum security shouldn't be a debate. It should be a feature. We will ensure that no TRON user ever loses their assets to quantum threats.

Technical roadmap coming soon.

[Ixios @ixios_io]

The first post-quantum MLDSA87 transaction on the Ixios Testnet has been sent!

[Wraith - IXIOS @DeFiWraith]

@CryptoGirlNova Some people are just cruel and they think they are entitled to cuss and bring other people down just cause you don't share their views/ opinions. social media act as a great filter . Easier to dehumanize other people when you see them as just their words.

[Marc Andreessen 🇺🇸 @pmarca]

And quantum computing is going to work. It's all happening.

[Wraith - IXIOS @DeFiWraith]

@DeganDev You can say it loud

[Wraith - IXIOS @DeFiWraith]

Step by step

[Ixios @ixios_io]

Ixios Roadmap Updated

The quantum threat is advancing rapidly, and we must begin upgrading to post-quantum addresses immediately.

The upcoming AegisPQ upgrade will bring post-quantum MLDSA87 addresses to Ixios.

https://t.co/cOBc5BYkIf

[Wraith - IXIOS @DeFiWraith]

@conordeegan

[Wraith - IXIOS @DeFiWraith]

@OfficialTravlad Centralizes systems are way easier to upgrade, they don't have coordination and consesus challenges as much as Blockchains have. Dollars can always be printed, Bitcoin can't be printed. Once it's gone it's gone.

[Wraith - IXIOS @DeFiWraith]

@Cryptotea Well, they surely warned

[Wraith - IXIOS @DeFiWraith]

@stackhodler @Gary_Brode Also i would add, you can re-print dollars. You cant print more Bitcoin. Once it's gone, it's gone. And there's no way to prove what's a legit tx and what is not.

[Stack Hodler @stackhodler]

I used to think the same thing

But the thing I was missing is that it's way easier to upgrade the security of a centralized financial institution than a decentralized blockchain

The strength of centralized entities is that they can move quickly and upgrade overnight

Decentralized required coordination and consensus

[Stack Hodler @stackhodler]

Upgrading Bitcoin to be quantum safe is no longer optional.

"but the threat is overblown!!"

All that matters is the perception of the threat.

And right now, the perception of the threat is enough to scare serious capital away.

Denial / ostrich mode on this is not going to help.

The good news is that a successful upgrade is a real bull catalyst for an asset starving for new bullish catalysts.

And it's something that is entirely in our control.

But we need rapid progress on this.

And that starts with all of us acknowledging the threat.

Or at the very least, acknowledging the reality of the perception of the threat.

The fact that we're below the 2021 highs after the most bullish developments imaginable (massive ETF inflows, non-stop buying from Saylor...) is proof that something is broken.

Quantum safe Bitcoin is a $1 million+ asset.

Quantum vulnerable Bitcoin is not.

Humanity needs finite money that cannot be seized or debased.

If quantum risk removes seizure resistance, then Bitcoin cannot fulfill its promise.

Simple as that.

[Wraith - IXIOS @DeFiWraith]

@stackhodler @Gary_Brode Thanks god someone that actually thinks about problems

[Wraith - IXIOS @DeFiWraith]

@BlocksNThoughts I wouldn't jump to conclusions too quickly. Market has been rewarding bad actors and low attention-span quick-flippers
But. We are about to witness a *big* reset with current cryptography becoming obsolete. Market always finds a way to humble everyone. Game is still on.

[Wraith - IXIOS @DeFiWraith]

@CryptoGirlNova The fundamentals are changing. Elliptic curve digital signatures about to become obsolete.

https://t.co/9TC4Jt1O53

[Cointelegraph @Cointelegraph]

🚨 UPDATE: Google sets 2029 deadline for post-quantum cryptography migration as quantum threats draw nearer.

[Wraith - IXIOS @DeFiWraith]

Google warns against quantum computers and BTC nukes like this?

Coincidence or correlation?

[Watcher.Guru @WatcherGuru]

JUST IN: Bitcoin falls under $66,000

[mert @mert]

hmmm sorry dear technology company full of engineers and scientists

I'm gonna go with michael saylor's assessment here and ignore this

[Sir Meemsalot @Meme0rable]

@AndrewCurran_ They are borrowing money at a 17.5% interest rate to run a business that’s making losses?

[Alex Pruden @apruden08]

My critique of this and other recent reports (Ark) is that they don't add real substance, but create a false sense of security. If anything, it's actually creates *more* of a reason to panic, because the upshot is people not paying attention when they should.

A positive contribution would have been:

- A comparison of the various signatures being proposed
- an analysis of the vulnerable UTXOs, and why they are vulnerable (spoiler alert: MPC custody workflows make key rotation prohibitively complex)
- A dependency tree of the infrastructure built around the current model, and a Gantt chart looking at who will have to do what, when
- An attempt to quantify somehow the time and complexity required to actually make these changes. E.g. should we run this on testnet for a month? 10 months? 80 years?
- An actual position on the burn vs. re-allocate debate

Just saying it won't be a problem doesn't make it true. It just defers to a later date (potentially beyond Q-Day) when the hard analysis actually needs to be done.

The implicit hope baked in here is that quantum is (a) far away and (b) will be clearly telegraphed. Neither of those are guaranteed.

[Wraith - IXIOS @DeFiWraith]

@apruden08 Beautifully written