So what is $QTDAO?
Let us walk you through who we are, and what we are doing with this short explainer video that goes through our upcoming Quantum Resistance funding platform.
https://t.co/5AXINBCGyx
Update!
We have begun sending weekly emails to all of our smartest minds and from some feedback we have received, including from Wintermute (name hidden for privacy), we are going to spend some of our liquidity on marketing to bring more eyes to the project!
Our current LP ratio is 25% which is in excess of standard on cap/liquidity ratios. Stay tuned for the plans 👀
$NVDA
JENSEN HUANG'S RESPONSE AT AN INVESTOR MEETING ON QUANTUM COMPUTING:
"We're probably somewhere between -- in terms of the number of qubits, order of -- 5 orders of magnitude or 6 orders of magnitude away. And so if you kind of said 15 years for very useful quantum computers, that'd probably be on the early side. If you said 30 is probably on the late side. But if you picked 20, I think a whole bunch of us would believe it."
Quantum stocks down after hours on his response:
$RGTI -11%
$QUBT -8%
$QSI -7%
$IONQ -8%
$QBTS -9%
The topic of quantum computing, and the frontier for developing the resistance against the threat to cryptocurrency is heating up.
As such we decided to stoke the flames a little further with a token burn.
https://t.co/yY3b2bbh3B
25% of the token supply has been eliminated. 🔥
Introducing Willow, our new state-of-the-art quantum computing chip with a breakthrough that can reduce errors exponentially as we scale up using more qubits, cracking a 30-year challenge in the field. In benchmark tests, Willow solved a standard computation in <5 mins that would take a leading supercomputer over 10^25 years, far beyond the age of the universe(!).
The level of Quantum Computing skepticism today reminds me of the average person who spends 10 minutes researching Bitcoin and then dismissing it as valueless.
Quantum Computing is real. It will change the world. MASSIVELY.
QC will break Bitcoin if we do not upgrade it. The threat is real.
Many studies converge on the QC threat to Bitcoin being only 5-10 years away.
As few as 2500 logical Qubits may needed to break SHA-256 algorithm in Bitcoin (read: https://t.co/l5g86lpIj1). Not the ridiculous 300 million you are reading about on X today. Note a logical Qubit is not equal to a physical qubit, but the error correction capabilities are getting exponentially better each year.
Timeline estimates are based on probability curves. With many estimates putting a serious 50% risk on Bitcoin in 5-10 years. Eg: (a) https://t.co/QdD3sqf1Q5 and (b) https://t.co/gDIvHMVbyf
Further, with all tech development curves going exponential, and given the massive leaps in QC in 2024 alone, I think we will end up on the more aggressive side of this scale.
Just 2 years ago you couldn't imagine working with AI. Now AI makes coding, development and research 50-100% faster. The world is moving exponentially people. Brace yourselves and wake up.
Very importantly, most (not some) QC firms listed on the NASDAQ are giving forward guidance and expecting to be at around 3000 logical qubits in just five years.
Whether its 3, 5, 10, 15 years away isn't the point, the point is action needs to be taken TODAY.
Best case scenario, once we have agreed on a QC proof cryptography upgrade for Bitcoin, it will likely take 1 year just to move everyone (most) across to it. Further reducing the lead-time we have to act.
It's good everyone is talking about Quantum Computing today, perhaps it will finally start to be taken seriously.
If you want to enjoy Bitcoin for decades to come, we should be on the front foot of QC now.
INTEL: Google reveals a quantum computer prototype capable of solving calculations in five minutes that would take current supercomputers ten septillion years
According to these two they'll be able to crack SHA-256 encryption once quantum computers reach 10,000 Qbits.
https://t.co/b6FSQVdHb4
Pasqal is targeting 10,000 Qbits in 2026, currently they have 1,000
https://t.co/xtA8i9Wo61
So what happens to Bitcoin? Seems like 2026 is chaos
Good to see the OGs taking consideration. This could be the beginning of the quantum resistance explosion.
https://t.co/QJhL2EavQm
Interesting read below about @drakefjustin talking about an 'Ethereum 3.0" proposal for post-quantum security.