If Satoshi's coins moved tomorrow, would the market believe Satoshi was back, or that someone used a quantum computer to crack his keys?
@cadillion and @rcarback walk through what a quantum attack could look like.
Thanks @cyphertalkmedia for having us on.
Worried quantum is coming for your bags?
@cadillion of @quipnetwork walks us through a quantum hack: ~26 days of compute for one shot at a key, roughly 50/50 odds. On average, 52 days to crack a single one.
Which means the first targets are the big holders.
Happy to share that @quipnetwork will be pledging 10,000 USD for @thedaofund PQ Wallet Security Initiative. If you run a project that works with Ethereum and care about quantum readiness, I hope you will join us:
https://t.co/A0vhcJTj3i
QVM is live on testnet π¦
Write one program and run it unchanged on annealers, gate-based quantum computers, or classical hardware.
Pay as you go, and know exactly what each job costs upfront.
Read the announcement π
https://t.co/rzASGDjqYA
Any project can call itself "quantum-resistant" today. There's no shared way to check.
The Quantum Alliance launched to fix that, and Business Insider has the story.
We're building open standards and public test criteria for chains, wallets, and infra with @QuantusNetwork, @midnightfdn, @hackenclub, @quipnetwork, @thevault_soft, @PQabelian, @intmaxIO, and @Americanfort_io.
Our CTO, @aaron1sme, will represent Keystone on wallet security and build on existing work toward common specs, from secure elements to recovery flows.
Read it here π
https://t.co/VEMlPDhB6s
π¨β‘ BIG: Nine crypto firms just formed a Quantum Alliance to set post-quantum standards, warning 6.04M BTC, about 30% of supply, is exposed if quantum computers catch up.
Postquant Labs is the team building Quip Network π¦
Proud to be a founding contributor to the Quantum Alliance, helping set the standard for post-quantum readiness.
π¨HUGE: Nine crypto groups officially launch the Quantum Alliance as over 6 MILLION Bitcoin sit EXPOSED.
Quantus, Keystone, Hacken and six others say about 6.04 MILLION $BTC, roughly 30% of supply, is "quantum-exposed at rest."
The alliance will set shared standards to test which networks and wallets are truly quantum-ready.
No quantum computer powerful enough to crack them exists yet.
Quantum Echoes is now the #3 Ethereum collection of all time on OpenSea π¦
Thank you to every collector who made this happen, and to @opensea for the support along the way.
Gemesis, we see you π