Jacko

Founder / prev eng lead & spartan council @synthetix / partner @phdcapital

[Philippe T @brain_stimulus]

😱 CETTE TURBINE À TOURBILLON POURRAIT CHANGER LA DONNE ÉNERGÉTIQUE.

🚨Une entreprise belge (Turbulent) a créé une turbine hydraulique qui utilise le vortex naturel de l’eau pour produire de l’électricité 24h/24.

💥Elle s’installe dans les rivières, les canaux ou les cours d’eau existants.

Avantages :
• Très faible impact environnemental
• Une seule pièce mobile → presque pas d’entretien
• Installation en environ une semaine
• Fonctionne tant qu’il y a de l’eau qui coule
• Peut alimenter des maisons ou de petites communautés

C’est simple, propre, et ça fonctionne vraiment.

Alors pourquoi ce genre de solution n’est-elle pas déployée massivement partout où il y a de l’eau qui coule ?

#Energie #Hydro #Turbine #QuestionTout

[ZachXBT @zachxbt]

@CryptoHayes How much exit liquidity was created from your followers over the past couple days?

First NEAR HYPE ZEC
Now WLD

[Jack Kubinec @whosknave]

didn't they just give that citron research guy up to 45 years in prison for this kinda thing

[Jacko @jacko_eth]

@scitechgirl Cool story bro. Look at hemp & chitin composites all made by god nature

[Jacko @jacko_eth]

Hyperliquid. Real adult mature business

[DCF GOD @dcfgod]

Tokens are better than stocks

Every step of the way, even raising funding is more streamlined and transparent

Our space was just filled with scammers who pretended to be good actors by using our good faith tools

But if genuine people used these tools to build real companies it would be an unlock in a lot of ways... As collateral, borrowing, liquidations, getting liquidity, seeing revenues, accounting, etc.

Thankfully we have hyperliquid - the golden star that proved this

In the coming year, a few more projects will shine through and we can stop being a blackpilled gambling scammer crime fuelled branded industry

Because in the last few years everyone that got attracted was dumped on with valueless not even governance tokens

So whats gonna bring them back when the stock market is the new casino with better “investor protections”?

More hyperliquids

Strap in, prove you're not a scammer, and be rewarded with the cleanest financial instrument in history: tokenization

[Geoff Wilson @GeoffWilsonWAM]

Every Australian must make a submission to stop the new CGT which will destroy the Australian economy. Strong submission below 👇
Completely agree axing the CGT discount for pure inflation indexation will punish productive investment and hurt all Australians.
Deadline is next Tuesday 9th. Do your submission now!

[Justin Drake @drakefjustin]

Today a crazy quantum story just got wilder.

On March 31, the Google Quantum AI team published a landmark result on Shor's algorithm for elliptic curve cryptography. Technically, the paper was a bombshell: a dramatic 10x improvement over the state-of-the-art. As a stunt and wakeup call to the blockchain space, those optimisations were illustrated on secp256k1, the elliptic curve underlying Bitcoin and Ethereum signatures.

But perhaps the most striking part of the paper was sociological, not technical. Instead of following standard academic process, the optimisations were kept secret, hidden behind a zero-knowledge (ZK) proof. Google's accompanying blog post mentions they "engaged with the U.S. government". The ZK proof demonstrates the existence of algorithmic improvements without leaking details. Academic censorship with ZK, a historic first!

As a co-author of the Google paper I witnessed some of the context surrounding this censorship. To be honest, multiple aspects of that context don't sit well with me. As much as I believe the general public ought to know more, I am limited in my ability to whistleblow. Though let me be clear about one thing: the Google team's professionalism has been absolutely exemplary, and they deserve nothing but praise.

Censorship has a way of backfiring. The Streisand effect, where an attempt to bury something only draws more attention to it, is exactly what's unfolding today. First, Google's key optimisation has been rediscovered by the French. And in a thrilling turn of events, a collaborative Shor-at-home challenge just launched. The initiative, available at ecdsa[.]fail, breached a new Shor world record in a matter of hours.

Let's start with the rediscovery. Just two months after Google's paper, French quantum expert André Schrottenloher cracks the main secret optimisation. His paper, titled "Optimized Point Addition Circuits for Elliptic Curve Discrete Logarithms", landed on the arXiv today. Big congrats to André, who beat several other nerdsnipped experts to it. In a blog post also published today, Craig Gidney, the world expert on Shor optimisations, revealed that he'd been sitting on this very optimisation for a whole year under censorship pressure.

Interestingly, André missed a handful of minor optimisations, both from Google's original publication and from improvements found since. It's plausible there's still plenty of juice left to squeeze out of Shor, and this is exactly what the ecdsa[.]fail challenge is about. The verifier program developed for the ZK proof does double duty, automatically filtering for valid submissions. Dozens of compounding small and micro improvements are rolling in. As of the time of writing there's an 8.4% improvement to Google's circuit, as measured by the product of logical qubit count and Toffoli gate count. Nice!

The nerdsnipping ran deeper than anyone expected. Over the last few weeks it became clear it extended well beyond André and other quantum experts. Behind the scenes, a small army of amateurs quietly got to work. Inspired by Karpathy-style autoresearch, they turned AI on Shor. Ironically, the verifier program for the ZK proof makes an ideal reward function for AIs. The barrier to entry for this modern style of research is refreshingly low, with several non-experts, even a teenager, finding nice optimisations. Get in touch if you'd like to join a Telegram group with fellow autoresearchers :)

Part 2: neutral atoms and qday

The story doesn't end with Google. On the same day Google went public, a stealthy startup called Oratomic published its own Shor paper in a coordinated release. It made a splash, ultimately becoming the most upvoted paper on scirate[.]com, a website ranking arXiv papers.

Oratomic's claim was wild. By building on Google's logical optimisations and applying custom physical optimisations for neutral atoms, they claimed just 10K physical qubits were sufficient to run Shor's algorithm on secp256k1. That number is mind-bogglingly low.

Knowing essentially nothing about neutral atoms when Oratomic's paper landed, I was intrigued and decided to learn more about the tech. I fell straight down the rabbit hole and spent a couple hundred hours on the topic. I got a little obsessed and watched every YouTube video I could find and spoke to a bunch of experts.

My conclusion? The tech is real, very real. Even Google recently decided to start a neutral atom lab, a notable pivot from their sole focus on superconducting qubits. If you care about qday, i.e. the day a quantum computer will break the first piece of cryptography in production, neutral atoms demand your attention. I shared some of my learnings on Shor and neutral atoms in a 30min talk at the ZKProof cryptography conference. You can find it on YouTube by searching "zkproof neutral atom".

Here's an interesting observation about this duo of breakthrough papers: neither Google nor Oratomic say a word about what their results mean for qday. No timelines. Zero. Nada. That is especially baffling given that the whole point of whitehat quantum cryptanalysis is to inform qday estimations and help the general public make good decisions.

So let me attempt to partially fill the silence, similarly to what Scott Aaronson did in his April 29 post. Given everything I know, including scary non-public information, I now put the odds of qday by 2032 at 50%. 10% by 2030.

Anecdotally, the US government has its own date: 2035. Originating at the NSA and later adopted by NIST, it's when branches of the US government will be disallowed from using quantum-vulnerable cryptography. In plain language: with hindsight, that date is a joke and should be discounted entirely. I don't see how NIST avoids being forced to pull it forward by years.

Part 3: post-quantum cryptography

There are good reasons to sound the alarm today, but please do not panic. Rushing carelessly towards immature post-quantum cryptography is a recipe for disaster. IMO a good target date for migration is 2029, roughly 3.5 years out. 2029 happens to be the date selected by Google, Cloudflare, and the Ethereum Foundation.

These days most of my time goes to safely migrating Ethereum towards post-quantum cryptography as part of the broader lean Ethereum effort. There's a lot to do. We need to rip out and replace BLS signatures at the consensus layer, KZG commitments at the data layer, and ECDSA signatures at the execution layer.

The plan to get there is compelling, and is based on hash-based cryptography. Within the Ethereum Foundation we've developed a Swiss army knife called leanVM (github[.]com/leanEthereum/leanVM) powered by the magic of hash-based SNARKs. Thanks to truly exceptional work by Emile, Thomas, and others, its performance is derisked. Regarding security, leanVM is a jewel, a minimal zkVM crafted for end-to-end formal verification and maximum security.

Want to help? There are two $1M initiatives. First, the Proximity Prize (proximityprize[.]org). Solve a long-standing mathematical conjecture in coding theory, improve hash-based SNARKs, and go home a millionaire. Second, the Poseidon Initiative (poseidon-initiative[.]info), offers $1M for breaking Poseidon, the SNARK-friendly hash function.

[christopher joye @cjoye]

What current generations forget is that Australia had *zero* Capital Gains Tax from its founding through to September 1985 - the first-ever CGT was introduced by Labor under Hawke/Keating… New Zealand still has zero CGT. Socialists are trying to tax the private sector to transfer this income to the public sector to fund its out-of-control growth

[Jacko @jacko_eth]

Socrates once said: ""Democracy is only as good as the education that surrounds it."

Running a state is a specialised skill. he critiqued the Athenian system of universal suffrage by asking who you would trust to steer a ship during a storm: the most popular person, or someone trained in navigation?

[Satoshi Wolf @SatoshiWolf]

Australian politics is broken. Obviously.

Imagine a billion dollar company appoints a CEO who has never built a company, never run a large team, never made payroll, never created anything of value and never had to live with the consequences of a bad decision.

He gets the job because he says the right words to the right crowd.

Then he appoints a CFO.

The CFO has never balanced books, never managed cashflow, never forecast revenue, never cut waste, never had to explain to staff why payroll might not clear.

Doesn’t matter. He’s the CEO’s mate.

Then he appoints a CTO.

The CTO has never shipped a large technical project, never built a full stack team, never managed cyber risk, never dealt with legacy systems, infrastructure failure, data leaks, vendors, budgets or delivery pressure.

Doesn’t matter. He’s also the CEO’s mate.

Then the same thing happens across the whole executive team.

No operators. No builders. No domain experts. Just career talkers appointing other career talkers.

What happens to that company?

It burns cash. It bloats. It rewards loyalty over competence. It blames external factors. It hires consultants to explain problems everyone can already see. It makes bad decisions slowly, then urgently.

Eventually the customers leave, the best staff leave, the books fall apart and the board pretends nobody could have seen it coming.

Now replace “company” with “country”.

That’s the problem. Our governments are being run by morons who have spent their lives climbing political ladders, not building anything in the real world.

[Jacko @jacko_eth]

Socrates once said: ""Democracy is only as good as the education that surrounds it."

Running a state is a specialised skill. he critiqued the Athenian system of universal suffrage by asking who you would trust to steer a ship during a storm: the most popular person, or someone trained in navigation?

[Jacko @jacko_eth]

The gas is an Australian people's asset that sits under the ground.

Asia needs it for energy and heating especially during Qatar's outage given the stable geopolitical trade routes we have with Asia.

Regardless given the physical proximity of Australia to Asia, shipping costs are also lower for trading partners to buy LNG and other resources from Australia. All an economic numbers game.

If the numbers work, they will come to Australia to invest and build facilities to extract the natural resources. What's important is Australians capture a good share of this revenue as this is a finite resources, we need it for nation building for infrastructure, health care, aging population like what Norway, UAE, Qatar, Saudi Arabia does for their people.

[Don't you worry about that.🇦🇺 @Sauronlordking]

Under the new CGT , if Gran wants to sell a few shares to pay some bills, she will be taxed at the same rate as someone earning $145,000 a year. I love how Labor looks after the battlers.

[Jacko @jacko_eth]

@iang_fc @ctindale Seems to only apply and work in Singapore this logic

[The Red Piranha @TheRedPiranha]

Classic Albanese bullshit.

Promise the electorate you won’t touch CGT or negative gearing before the election, then ram through a brutal tax grab in the Budget that screws startups, small business founders, share investors and anyone trying to build wealth.

Now, after the backlash explodes, he ‘flags broader carve-outs’ like it’s some generous gift?

What a joke. These ‘carve-outs’ are vague as hell, probably just enough to quiet the tech bros while the rest get bent over.

Tying this garbage to workers’ tax cuts is straight-up hostage politics: ‘Support our class warfare or you’re blocking relief for battlers!’

This isn’t ‘fairness’ or fixing housing, it’s envy-driven punishment of aspiration and risk-takers to fund more spending.

Details fuzzy, implementation rushed, economy takes the hit.

Labor’s specialty: sound good, deliver pain.

Australians deserve better than this amateur hour. 🇦🇺 Fark these muppets off!!
#AusPol #CGT #AlbaneseFail”

[stranger @strangerous10]

David Pocock tears into Pauline Hanson’s gas plan, says it’s a “red flag" it being announced “at the gas industry conf” while “getting the red carpet” from gas giants who spent millions lobbying against an export tax
“I just want a fair return on the export of our gas”💥 #auspol

[Elon Musk @elonmusk]

So obvious

[Jacko @jacko_eth]

@Greatest_Fails @taipan168 How do you think they would react if we don't help them out with LNG gas supplies that they sorely need for energy & power right now that Qatar is crippled? Bilateral trade goes both ways.

[Jacko @jacko_eth]

@SamKSS @aron_woosnam So the number of new dwellings X 2.5x people almost matches the growth in new population?

[Jacko @jacko_eth]

@SamKSS Mixing percentages and absolutes numbers confuse people, should stick to using one or another.