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.
This is a great post. It’s too early to ossify anything in blockchains.
I also think Ethereum overstates the benefits of switching from snark-friendly hashes to hash-friendly snarks. It’s newer hashes or newer zk systems, and I don’t think either one is obviously better, especially given all the activity on https://t.co/BY9ZFdN5rl
I also agree that dysfunctional but secure is not really a thing, because if something is hard to use people generally won’t use it. The blockchain industry as a whole has been held back by the fact that you basically have to be a cybersecurity expert to safely use blockchains.
Hashes-only means no key exchange, no public-key encryption, probably no threshold sigs, probably no private-information-retrieval.
Let’s be agile and alert, many things are changing rapidly. Don’t get trapped in infighting, you’re not a barn animal.
Quantus users unaffected
"Preparing before certainty. We believe it is important to begin preparing well ahead of any CRQC announcement. Bitcoin consensus changes and ecosystem migrations can take years..."
Ensuring Bitcoin’s future in a post-quantum world requires preparation and collaboration across the industry.
We're doing our best to contribute to that work along with many others. New blog post live. (link in follow on post).
Last week in quantum
The Quantum Alliance launched to define quantum readiness
Ten contributors from nine organizations, including Quantus CEO @YuviLightman, launched the Quantum Alliance, an open standards body for post-quantum readiness in blockchain.
It will publish a public definition of quantum readiness, open test criteria, and reference designs for migration.
Starknet opened a vote on researching an exit from Ethereum
@Starknet opened a non-binding poll on whether to research becoming an independent post-quantum L1. Starknet targets full quantum resistance by 2027, and its bridge and data availability currently move on Ethereum’s schedule.
A Yes vote starts research only. The poll closes October 22.
AI designed more efficient quantum circuits
@AnthropicAI, working with researchers from Harvard and @QueraComputing, had Claude design circuits for eight quantum computing tasks. Each design beat the best previously published one.
One design for elliptic-curve point addition, the core step in quantum attacks on ECDSA, uses 17 times fewer gates than the smallest previous design. It reduces what a quantum algorithm needs to run.
Google made a key quantum ingredient far more reliable
Quantum computers need special “magic states” to run the full range of algorithms, including the kind that could one day break today’s encryption. They’re hard to make. Earlier estimates said producing them could take up to 95% of a machine’s qubits.
In a paper published in Science, Google showed a new method on its Willow chip that cut errors in these states about 40-fold. Google says it still has to work at larger scale.
Singapore set quantum-safe deadlines
Singapore’s Cyber Security Agency asked critical infrastructure operators to submit migration plans by March 2027 and finish migrating by the end of 2031. Other exposed organizations are encouraged to finish by 2035.
A grant for quantum-safe pilots opens November 1.
Germany set its own post-quantum timeline
Germany’s interior ministry, digital ministry, and federal security agency BSI published a national guideline implementing the EU’s post-quantum roadmap. High-risk systems should be quantum-safe by the end of 2030, with the rest largely migrated by 2035.
It also calls for crypto-agility, so cryptography can be swapped quickly as threats change.
Governments are setting dates. Researchers are making quantum computers easier to build and their algorithms cheaper to run.