Kasbasto

Developer 🧑🏻‍💻 & Researcher 📖

(Re)Tweets are Not Financial Advice + Always Do Your Own Research

[Quilibrium @QuilibriumInc]

The freeze has thawed. Quilibrium V2.1 is now live on mainnet!

Builds are now released to general availability.

The network has unhalted and we’ve entered a 24-hour initial enrollment phase. This is a pivotal moment, as the first set of nodes joining will define how shards are distributed across the protocol. It marks the beginning of live operations. If any critical issues arise, we have a path to pause and return to a safe state.

After 24 hours, the network becomes fully decentralized. The beacon shuts down permanently, shards are finalized, and transactions in the new format begin processing. From this point forward, the system is operating fully in the 2.1 environment.

Once stable operations are confirmed, which may take between 24 hours and a week depending on conditions, we will activate the bidirectional bridge, bring QStorage and QKMS onto mainnet, open QConsole for everyone, and migrate existing user data into the upgraded environment.

[Quilibrium @QuilibriumInc]

Merry Christmas and Happy Hanukkah!

Here's the rundown on how to access Quorum's public beta.

Starting at 10:00am PST (Christmas morning for the west coasters), https://t.co/HV9a2bAZIZ will be updated to have a link to the web version of the client.

Sign up takes three steps 👇

[Bitcoin @Bitcoin]

$100,000.

[Quilibrium @QuilibriumInc]

Questions have been asked about the roadmap, and we've got answers! Let's break it down into clear objectives, impacts, and what this means in benefits for the network.

Q4 2024
Right now, we are drilling through the remaining message passing issues of 2.0.4 – getting through these is important, as while 2.1 will be more sparse in mesh density, ensuring that the network appropriately handles extreme overpeering (like is happening now) means a far healthier and resilient network when attempts at intentional overloading occur. v2.0.4-p1 is going through test runs on testnet (and if you'd like to help, please run some testnet nodes!). After these message passing issues are cleared, v2.0.4-p1 will be promoted for general availability, and testnet moves towards v2.1.

There are additional items in flight alongside this. We are building an interactive dashboard for node operators to have clear at-a-glance information about their provers, landing rates, and identifiable issues operators can take charge on to improve their own node's tuning. This dashboard update will also be helpful for v2.1 in seeing underallocated rings (and greater reward potential) and give optionality for provers to better strategize their prover ring allocations to optimize earnings.

The other major improvement is the addition of a network explorer. This will give deeper details, similar to a block explorer, in tracing one's own transactions and general success in landing proofs. Overall network state, emissions, and accessibility of owned data will be easier to view here without bespoke tooling. Both the dashboard and explorer are targeted to arrive in the next few weeks, with early previews arriving sooner.

While v2.1 is in testnet, we'll begin rolling out early access to the features being planning to run atop the network, with distributed storage (S3 API compatible) and MPC key management. v2.1 is going to be undergoing a very intense test period on testnet, but getting builders using these services early will unlock many of the initial applications that builders are wanting to create, for secure decentralized app hosting, decentralized social media content storage, and powerful wallets for other networks that no longer have custodial risks.

[Kasbasto @kasbasto]

@QuilibriumInc Qm

[Quilibrium Community @QuilibriumOne]

Q 2.0 - network unlock successful.
History in the making 🌎 >📷 > 🛜 >🆓
$QUIL

[Kasbasto @kasbasto]

@Deanotropulis Great thread!👌🏻

[dean(τ) @Deanotropulis]

Continuing our Quilibrium tech deep dive! After Oblivious Transfer, let's explore the Triple-Ratchet Protocol. This cryptographic marvel ensures secure group communication with Perfect Forward Secrecy. See why it's a game-changer for decentralized networks!🔐🚀#Cryptography $Quil

[dean(τ) @Deanotropulis]

Excited to share an in-depth look at Quilibrium's Oblivious Transfer protocol! This innovative tech is key to creating a truly private and censorship-resistant decentralized network. Let's dive in! 🚀🔐 #Quilibrium #Cryptography #Privacy $Quil

[Quilibrium Community @QuilibriumOne]

💘 What's coming after Quilibrium 2.0 ?

Quilibrium is planning to launch two primary products in the first months after the 2.0 network release, which should finish to roll out this week.

Let's break them down:

1️⃣ S3-Compatible Storage Service

First up is a service that's compatible with S3 (Simple Storage Service). For those who aren't familiar, S3 is like a giant digital storage locker in the cloud.

Here's what makes Quilibrium's version interesting:

> True Privacy: Unlike some big cloud providers, Quilibrium's service seems designed to keep your data genuinely private. You won't need to encrypt your data yourself – it's baked into the service.

> Potential Cost Savings: Word is that Quilibrium is aiming to compete on price. 💰

> Distributed Approach: Q networks offers a more distributed storage solution. This could mean better reliability and performance. 🌐

2️⃣ Key Management Service (KMS)

The second offering is a Key Management Service. Think of KMS as a super-secure vault for digital keys that unlock encrypted data.

Here's where it gets interesting:

> True Multi-Party Computation: Unlike some services that claim to use multi-party computation but actually just split keys, Quilibrium's KMS uses genuine MPC. This means the actual key is never fully reconstructed in one place – pretty cool stuff! 🔐

> Regulatory Compliance: This is a big deal for businesses. Quilibrium's approach is designed to help companies meet strict regulatory requirements, like those set by the NYDFS (New York Department of Financial Services). ✅

> Risk Reduction: By eliminating the need for trusted execution environments and key recombination, this service could help companies significantly reduce their regulatory and security risks. 🛡️

> Developer-Friendly: Despite the advanced security features, Q is also working to make it easy for developers to integrate. 👨‍💻

What this means for Quilibrium?

These services show that Quilibrium Inc. isn't just focused on creating public goods. They're aiming to offer competitive, revenue-generating products that leverage the unique capabilities of Q network.

And this is of course only the beginning. Quilibrium will also support End-to-end encrypted streaming, and AI applications… it's just a matter of time. 🚀

$QUIL

[Quilibrium Community @QuilibriumOne]

Quilibrium's Passkey Revolution: Say Farewell to Crypto Wallets and Seed Phrases

🔑 What are passkeys?
Passkeys are digital keys stored on your device, using biometrics or a PIN for verification. They eliminate the need for complex passwords, enhancing both security and convenience.

🔒 How passkeys work:
Your device creates a unique key pair when you set up an account. The website stores the public key, while you keep the private key. Login is simple - use your biometrics or PIN, and your device proves it's you without sharing sensitive data.

💡 Quilibrium's innovation:
Quilibrium replaces traditional crypto wallets with passkeys. Users interact directly through their browser, removing the need for a separate wallet app and simplifying the user experience.

🚀 Benefits over traditional crypto wallets:
Quilibrium's approach offers improved user-friendliness, enhanced security, and phishing resistance. It eliminates seed phrases and limits risk if compromised, making it safer and easier to use than traditional wallets.

🌐 Why it matters:
This innovation lowers barriers to entry, provides a familiar authentication flow, and enables seamless integration with existing tools. It also supports decentralized identity management and improves overall fund security.

🔮 The future:
Quilibrium's use of passkeys points towards more accessible decentralized networks, smoother integration with web services, and the potential for wider blockchain adoption in everyday digital interactions.

Quilibrium is setting a new standard for security and usability in the Web3 era.

$QUIL

[Quilibrium Community @QuilibriumOne]

"Prover Rings" in Quilibrium 2.0 will be a system to reward the most efficient nodes. Here is how:

🧠Low level explanation: https://t.co/lYsm00SRDG

🧠🧠🧠High level explanation: https://t.co/vbUW594Wtg

$QUIL

[Quilibrium Community @QuilibriumOne]

Are curious how it all began?
Presenting... the "Q story".

🌱 Birth
📅 2018
Quilibrium is beginning to take shape in Cassie's mind… while she works on different components of the network, with the idea of creating a private and safe Discord alternative called "Howler".

💀 Internet declared "dead"
📅 August 2021
Cassie's public declaration to pivot towards a fully decentralized direction. Realization that centralized powers exert too much control over user freedom, necessitating a solution beyond just a Discord alternative.

🔄 Redesign Phase
📅 2019 - 2022
Intense period of redesigning the network. Evolved from a blockchain-like structure to a novel design separating data clocks from the master clock, solving sharding coordination problems and improving throughput.

🎭 The Ceremony
📅 April 2023 - March 2023
Launch of a global entropy gathering event to ensure network proof security. Designed for worldwide participation on various devices, garnering contributions from nearly all non-embargoed countries. Q had roughly double the ceremony contributions than Ethereum had to theirs.

🌅 Dawn
📅 September 2023 - February 2024
Pushing Quilibrium to its limits, stress-testing everything from BFT consensus to multi-platform compatibility. A journey of constant rewrites and improvements.

🌆 Dusk
📅 March 1, 2024
Rolling out the clever autoscaling feature. Like giving each node a personal fitness trainer, ensuring they're in top shape to handle their workload efficiently.

🌉 Ethereum bridge
📅 May 13, 2024
Rolling out the Ethereum bridge first version, to allow early node runners to claim their hard-earned tokens as wrapped $QUIL ($wQUIL).

🌃 Midnight (mainnet)
📅 September, 2024
Entering full stealth mode. Onion routing and mixnet will make Quilibrium traffic as mysterious as a moonless night. Privacy levels that would impress even the most discerning security experts.

☯️ Equinox
📅 ETA: TBD
Laying the groundwork for serious applications. Think S3-compatible storage, Redis-like databases, and more. Building a Swiss Army knife for decentralized services.

🌌 Event Horizon
📅 ETA: TBD
Things get truly advanced. End-to-end encrypted streaming, AI model training, and execution. Essentially building the operating system for a decentralized future.

[Kaspa Kii @KaspaKii]

https://t.co/Xhn4uuePC5

[Kasbasto @kasbasto]

@BassManTV ℚM

[Yonatan Sompolinsky @hashdag]

I'm gonna do 100 block/s with proof-of-work, who's coming?

[Kasbasto @kasbasto]

@EpochIsland 🏝️

[Kasbasto @kasbasto]

@tombheads Here's mine:
$NOM
$TRADE
$ONI
$RWN
$DSLA

[Kasbasto @kasbasto]

@DreadBong0 Send it sir!🚀