Quantum computing poses a serious threat to the cryptography blockchains currently rely on, while advances in AI compress best estimates for the threat's timeline.
That's why experts gathered in Cambridge to coordinate research upgrading our cryptography to be quantum-resistant.
We think pqai27, as we call it, can be a catalyst for Ethereum protocol development to align behind ambitious goals and continue to improve the security of our network, so that Ethereum’s apps and users may continue to enjoy its value.
In short: We think Ethereum should double down on its unique value proposition of being the most secure place to issue, hold and use the world’s assets, and achieve its post-quantum and post-AI transition over the next year.
This comes on the heels of massive, AI-accelerated progress behind the pieces required to move forward with this transition. Getting there will take work, and we at Ethlabs are committed to seeing it through.
There are no free lunches. Reprioritising post-quantum and post-AI security means deprioritising proposals that are dear to us, such as quick slots. The silver lining is that the work behind pq continues to add utility to the network, such as with new, pq-ready accounts leveraging Frame transactions.
and hey,
ethereum:native will be a pqai store of value btw :)
Emile: I would say no one predicted correctly how fast AI would come. And so I think it's a fact that technology is accelerating extremely fast currently. And the safe bet is not to bet on long timelines for quantum computers, and instead to be very cautious and to essentially switch to post-quantum cryptography as soon as possible, meaning very soon.
Interviewer: And how optimistic are you that Ethereum will solve that problem before the day comes?
Emile: Absolutely optimistic and confident.
Interviewer: Why?
Emile: Because it's kind of solved, I would say. Like, we have everything we need. We have hash-based STARKs aggregating hash-based signatures. Everything works nicely. Relies on the security of traditional hash functions. Extremely secure, scalable. We just need to put it in place and its done.
pqai27: Our view on post-quantum and post-AI timelines.
We shared this on Ethereum Magicians as input into the Ethereum governance process.
https://t.co/DuPudG2uGL
Join ACDT with questions/concerns and make them heard.
Ethereum is special and so is its government process.
App devs and core devs must be able to have a respectful discussion without letting emotions take over or falling back on stereotypes.
Ethereum gets stronger when its people ask hard questions.
Glamsterdam, the next upgrade, can increase Ethereum’s capacity by over 3x, but developers have raised important concerns about some of the proposed changes.
We’ve spent the past week working with the EF, auditors, core developers and community members to investigate them.
Here’s where we believe things stand, and how we can move forward together.
https://t.co/z4Q7MQi14g
@shagbark_hick@BurgerchanIntl Lincoln native here. Great community. You stand at the edge of town looking west and it’s like standing on the shore of civilization. Not much for the next 500 miles.
It is amazing how cheap real estate is the ultimate precursor to dreaming.
In a high-cost environment, nothing is possible without debt, and debt forces the cortisol level up. You have to compromise with market forces in order to pay the bills.
But when costs are low, there is no bankman leering over you. What the market "wants" is irrelevant. You're 100% free to experiment, try anything, do it your way. An entire world of things that are impossible in a high-cost area open up to you immediately...
The character of a place, then, is really a function of its cheapness. Once a place becomes expensive, whatever made it interesting to begin with swiftly dies and is replaced by a simulacrum of the long-gone original.
Debt homogenizes everything it touches. Its machinery shapes men in extremely specific ways wherever it goes. If you want to dream, if you want to try something new, etc, you cannot do it in a high-cost environment unless your "dream" was already sanctioned by the market forces in that environment. And who can dream within such strict and colorless parameters? Of what value are such "dreams"?
This is why Upstate NY, Louisiana, MS Delta, rural NM, deep desert areas, WV, and so on are the last American places with any character. Such places continue to have character mostly because they are cheap. Wherever the money goes, the personality of a place and its people simply dies back; "Commercial Boulevard" takes over.
so, if this extrapolation holds, by the time we ship Hegotá the next generation of AI will be built ~90% without humans in the loop. 🫠
https://t.co/3mvDfgKtdE
Hegotá: scoped in one world, shipping into another.
The intelligence curve had already changed slope by the time the fork was scoped. By mainnet it’s off the chart.
This is going to be a wild fork to look back on in a couple of years.