BeyondNISQ

Kudos to @const_reborn and the OTF team for trying something, learning, and iterating-- A strong formula for innovation.

Today's @qBitTensorLabs Live was packed — but Riverside had other plans. The stream died after ~40 seconds, and the recorded tracks are out of sync, so the video will take some extra time to get out. Bear with us. In the meantime, here's what you missed: 🔹Terra Quantum @terraquantum_ag confirmed as our Breaking RSA challenge partner — full-spectrum quantum security expertise from a Swiss-headquartered team 🔹Treasury Wallet Challenge complete — two phases, no critical vulnerabilities. Production-ready. 🔹Prize pools at ~$375K and growing. On track for ~$1M by August. 🔹Valis are onboard and Enigma is primed to go live. 🔹Enigma launch dates announced: Today — public repo with all validator + miner code + mock challenge live to begin end-to-end testing May 22 — mock challenge tested on mainnet May 28 — real challenge code drops (Breaking RSA + Peaked Circuits) June 4 — live competition begins 🔹SN48 credit card payments launching — half price through Bittensor-- proceeds from revenue makes it back to the subnet alpha 🔹Rigetti Cepheus (108 qubits) replaces Ankaa-3 on Open Quantum - Live Now Video coming as soon as we sort out the sync. Thanks for your patience.

@qBitTensorLabs @cryptoquick @SurmountSystems @theobcvc Fun chat today @cryptoquick -- the breadth and depth was off the chart. Looking forward to next time.

Look who stopped by the office! Great to chat with Hunter Beast (@cryptoquick, @SurmountSystems) and Theo Fields (@theobcvc) on the latest happenings in the quantum and crypto spaces! You may recognize Hunter from his work on a certain Google paper that has been all the rage in crypto lately 👀

Excellent read/watch from @taodaily_io about @qBitTensorLabs @QuantumSN48 & @EnigmaSN63. Worth your time folks. taodaily.io/quantum-comput…

Ep. 91 - Bob Wold Bob @BeyondNISQ is building Enigma @EnigmaSN63 and founder of @qBitTensorLabs Timestamps 1:15 - Introduction 1:54 - Bob's Entry From Quantum World 2:58 - Qubit & Superposition Explained 3:09 - Bob's Journey Into Bittensor 4:23 - Backlash From Traditional Quantum Colleagues 5:38 - Quantum Rings vs. qBitTensorLabs 6:14 - SN48 & SN63: How the Two Subnets Relate 6:54 - SN48: Quantum Compute Marketplace 7:39 - The Pivot: From Quantum Innovate to Enigma 8:33 - Incentivizing Breaking Things 9:52 - Enigma's Bounty & Challenge Model 10:07 - Two Entry Points: Academics vs. Hackers 10:57 - Submission Fees & Anti-DoS Mechanics 13:38 - Q-Day: When Quantum Breaks Encryption 15:33 - DARPA Chart: RSA 2048 & Logical Qubits 17:41 - IonQ 2028 Roadmap & 1,600 Logical Qubits 19:33 - RSA, Prime Numbers & Shor's Algorithm 20:57 - Google's Paper: 1,400 Qubits Breaks Bitcoin 22:44 - IonQ Photonic Interconnect: One Risk De-risked 23:54 - Q-Day Won't Be Announced When It Happens 25:32 - Treasury Wallets: Trustless Prize Pools 31:42 - What Treasury Wallets Actually Are 33:45 - Live Challenge: Drain the $ 5K Wallet 34:54 - Breaking RSA & Peaked Circuit Challenges 37:32 - Pressure Testing as a Service 38:18 - Defining Exploits: Code Is Explicit 42:11 - Evaluation Loop 47:24 - Revenue Model & Feral GPL Licensing 49:45 - Commercial Licensing & Royalties 54:33 - Beyond NISQ: What the Name Means 56:16 - When Does the NISQ Era End? 57:56 - Offense vs. Defense: Will Encryption Keep Up? 1:02:15 - What Bob Is Most Excited About for Enigma 1:05:02 - Advice for Professionals Entering Bittensor

Careful though-- physical qubits ≠ progress. Actual progress is 🔥 The QPU industry's actual failure isn't the trajectory it's the access model. Research can't get QPU time without piles of money. (That's what @QuantumSN48 fixes on @bittensor). For the geeks-- a few important notes: → Dec 2023, IBM Condor hit 1,121 qubits. Missing from your chart. Same summit, IBM also announced Heron at 156 qubits with way better fidelity. Condor was a feasibility milestone, not a production target. Translation: industry decided quality is the new game. The whole industry pivoted that quarter. Charting physical qubits after that is charting a metric the field deliberately abandoned. IBM → Dec 2024, Google Willow crossed below-threshold error correction. First time in the field's 30-year history. A 101-qubit distance-7 code with logical error suppressed by Λ = 2.14 per code-distance increase, exceeding the best physical qubit's lifetime by 2.4x. Translation: Adding qubits now makes errors better, not worse. This is a key inflection. → Microsoft + Quantinuum: 12 logical qubits running with circuit error rate of 0.0011 vs. 0.024 for physical — 22x improvement. Translation: Logical isn't theoretical anymore. → Oxford Ionics: 99.99% two-qubit gate fidelity in 2025. Quantinuum: 99.9%+. Why is this important: Its squarely in the regime where error correction actually works. → RSA factoring requirement: dropped from 20 million qubits to ~1 million in 2025. Goalpost moved 20x closer in a single paper. → Quantinuum Helios shipped commercially Nov 2025 — 98 fully-connected trapped-ion qubits, >99.9% fidelity, with a new real-time control engine. This is production hardware, today. Right metrics to watch are logical qubits and gate fidelity. Both are on a tear. Charting physical qubit count past 2023 is like charting CPU GHz past 2005 (measuring the metric the industry deliberately stopped optimizing)

Quantum computing is absolutely the next revolution after AI. The problem is all the quantum computing companies are doing it wrong and ignoring biology.

The bottleneck holding quantum computing back isn't hardware. It's that nobody's teaching physicists how to use it. @QuantumRingsInc fixed that. Here's how 👇 youtu.be/wWZ-k4Fp_P4

...For reference, according to @IonQ_Inc's roadmap 1,450 logical qubits will be in the rearview mirror in 2028. ionq.com/roadmap

"Not Posting the circuit" stops nothing. Simply saying it can be done is enough.

@markjeffrey It's coming fast. Couldn't be a better time for the launch of the upcoming #SN63 #Enigma. I'd be happy to spend some time talking about why this is a threat, and how Enigma helps people navigate this on Hashrate if you want to give it a go @markjeffrey

Ledger on quantum:

I can hardly wait...

💀

Yes-- while this has drawn some scrutiny from the quantum community, it has sent shockwaves through the cyber security community. Whether it is this new Jesse-Victor-Gharabaghi Algorithm, or another innovation, the fact that innovation comes at you fast and from anywhere, an has game changing impacts should scare anyone into running towards PQC, fast.

It's coming... securityweek.com/quantum-decryp… The million dollar question: When will it be broken?

It was great to spend the weekend with the Hackers, the industry sponsors, and the facilitators. Always inspired by what small teams of passionate people can do in a short period of time.

Could this be true? @IcebergQuantum just claimed that instead of ~1M physical qubits, RSA 2048 can now be broken with ~100k physical qubits using their LDPC codes. "As a concrete demonstration, Pinnacle shows how breaking RSA-2048 — long considered to require millions of physical qubits — could be achieved with fewer than one hundred thousand" finance.yahoo.com/news/iceberg-q… While we still have a long way to go to 100k qubits, we seems to be getting about a 10x reduction each year, while quantum computers rapidly grow. Don't Panic, Do Prepare.

@btlabs_ai @EthereumDenver Thanks for setting this up. I've registered and will see you there.

@BeyondNISQ @EthereumDenver x.com/btlabs_ai/stat…

Anyone from the Bittensor ecosystem making the trip out to Colorado for @EthereumDenver? My team is bouncing around the idea of setting up a casual open coffee hour near the venue during the conference, and I wanted to see if anyone would be interested.

JB is probably right here. Two questions where I’d love community input: 1 - Timing — With the broader crypto market on fire (and the ripple effects on Bittensor, etc), is now the right moment to do a tour? Or will it land on deaf ears given everything else going on? 2 - Selection — We want long-term investors who truly see the value in quantum—not speculators. (Speculators burned us in TAO flow: short-term hype, long-term pain.) With that in mind, which shows/podcasts/conferences should we prioritize? Appreciate any thoughts!