Wraith - IXIOS

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Wraith - IXIOS

Wraith - IXIOS

@DeFiWraith

Co-founder @Ixios_io #BTC tweets are NFA

Katılım Eylül 2022
745 Takip Edilen326 Takipçiler
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Wraith - IXIOS
Wraith - IXIOS@DeFiWraith·
A huge protocol advancement is coming for $IXIOS V1.1 Conceptualized for years, engineered to greatly enhance blockchain performance Every serious protocol will look at it and potentially there's gonna be an interest spike which will lead to blockchains racing to integrate
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Wraith - IXIOS
Wraith - IXIOS@DeFiWraith·
If only the problem was just the digital signatures. But i know a blockchain that is going to be *fully quantum safe* and that blockchain is $IXIOS But not a major blockchain.. yet.
H.E. Justin Sun 👨‍🚀 🌞@justinsuntron

While Bitcoin debates whether to freeze vulnerable coins and Ethereum forms research committees, TRON is building. Today I'm announcing that TRON is officially launching its post-quantum upgrade initiative. TRON will be the first major public blockchain to deploy NIST-standardized post-quantum cryptographic signatures on mainnet. Quantum security shouldn't be a debate. It should be a feature. We will ensure that no TRON user ever loses their assets to quantum threats. Technical roadmap coming soon.

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Ixios
Ixios@ixios_io·
The first post-quantum MLDSA87 transaction on the Ixios Testnet has been sent!
Ixios tweet media
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Wraith - IXIOS
Wraith - IXIOS@DeFiWraith·
@CryptoGirlNova Some people are just cruel and they think they are entitled to cuss and bring other people down just cause you don't share their views/ opinions. social media act as a great filter . Easier to dehumanize other people when you see them as just their words.
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Nova
Nova@CryptoGirlNova·
Okay things like these do get me sometimes. Simply because it draws upon the most of emotional trauma I had in my life. Yes my mom died. This guy knows. I know I can usually look beyond this as I know there are simply just bad people in the world. But how can you be so rotten in life? So utterly rotten to the core that you wouldn't even believe people like these exist? I literally wouldn't even say this to the person I hate most in life ever (I mean this). My conscious literally wouldn't allow this as a human being. And the worst part? You know the reason? Because I posted a chart that might suggest we could still see lower targets. That is literally it. So yeah, even just quickly scrolling through my comments and even trying to ignore it, the moment I see a comment like this the damage is already done. I instantly get tears in my eyes because it reminds me of the most intense trauma in ever had in my life (my mom died in her late 40s of cancer and it was terrible).
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CryptoWizeDev
CryptoWizeDev@DeganDev·
@DeFiWraith Greatness is not achieved in one day. With time this baby will get adoption
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Conor Deegan
Conor Deegan@conordeegan·
quantum computers will break crypto, it’s a Shor thing
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Wraith - IXIOS
Wraith - IXIOS@DeFiWraith·
@OfficialTravlad Centralizes systems are way easier to upgrade, they don't have coordination and consesus challenges as much as Blockchains have. Dollars can always be printed, Bitcoin can't be printed. Once it's gone it's gone.
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Crypto Tea
Crypto Tea@Cryptotea·
I’m sure blackrock didn’t think of quantum computers before selling $100 billion of bitcoin to people and holding it for them
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Wraith - IXIOS
Wraith - IXIOS@DeFiWraith·
@stackhodler @Gary_Brode Also i would add, you can re-print dollars. You cant print more Bitcoin. Once it's gone, it's gone. And there's no way to prove what's a legit tx and what is not.
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Stack Hodler
Stack Hodler@stackhodler·
I used to think the same thing But the thing I was missing is that it's way easier to upgrade the security of a centralized financial institution than a decentralized blockchain The strength of centralized entities is that they can move quickly and upgrade overnight Decentralized required coordination and consensus
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Stack Hodler
Stack Hodler@stackhodler·
Upgrading Bitcoin to be quantum safe is no longer optional. "but the threat is overblown!!" All that matters is the perception of the threat. And right now, the perception of the threat is enough to scare serious capital away. Denial / ostrich mode on this is not going to help. The good news is that a successful upgrade is a real bull catalyst for an asset starving for new bullish catalysts. And it's something that is entirely in our control. But we need rapid progress on this. And that starts with all of us acknowledging the threat. Or at the very least, acknowledging the reality of the perception of the threat. The fact that we're below the 2021 highs after the most bullish developments imaginable (massive ETF inflows, non-stop buying from Saylor...) is proof that something is broken. Quantum safe Bitcoin is a $1 million+ asset. Quantum vulnerable Bitcoin is not. Humanity needs finite money that cannot be seized or debased. If quantum risk removes seizure resistance, then Bitcoin cannot fulfill its promise. Simple as that.
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Wraith - IXIOS
Wraith - IXIOS@DeFiWraith·
@BlocksNThoughts I wouldn't jump to conclusions too quickly. Market has been rewarding bad actors and low attention-span quick-flippers But. We are about to witness a *big* reset with current cryptography becoming obsolete. Market always finds a way to humble everyone. Game is still on.
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Nova
Nova@CryptoGirlNova·
Never in 15+ years have we closed more than 6 red monthly candles. April better be good or something breaks.
Nova@CryptoGirlNova

Bitcoin currently going into its 6th monthly streak of closing in red. In the ENTIRE history of Bitcoin's lifetime we have never closed more than 6 months in red. Keep in mind we just started the 6th month. We haven't closed it yet. Meaning we only have 5 red months behind this. After this month there has never in 15+ years been a longer losing streak. Now to clarify things: Just because there never has does it mean there never will? Ofcourse not. Those kind of expectations have often gotten people rekt. Every new event after all creates a new precedent for the future to compare to. What it does tell us however is that it's a fact that we are heavily oversold short term. So oversold that historically we've always been close to a local bounce at the very least. Not necessarily the true bottom are true reversal yet but a bounce very likely soon. This aligns with my thesis that we're heavily due for a recovery wave that can extent (imo) until ~$80k. Need to reevaluate from there.

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Sir Meemsalot
Sir Meemsalot@Meme0rable·
@AndrewCurran_ They are borrowing money at a 17.5% interest rate to run a business that’s making losses?
Sir Meemsalot tweet media
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Alex Pruden
Alex Pruden@apruden08·
My critique of this and other recent reports (Ark) is that they don't add real substance, but create a false sense of security. If anything, it's actually creates *more* of a reason to panic, because the upshot is people not paying attention when they should. A positive contribution would have been: - A comparison of the various signatures being proposed - an analysis of the vulnerable UTXOs, and why they are vulnerable (spoiler alert: MPC custody workflows make key rotation prohibitively complex) - A dependency tree of the infrastructure built around the current model, and a Gantt chart looking at who will have to do what, when - An attempt to quantify somehow the time and complexity required to actually make these changes. E.g. should we run this on testnet for a month? 10 months? 80 years? - An actual position on the burn vs. re-allocate debate Just saying it won't be a problem doesn't make it true. It just defers to a later date (potentially beyond Q-Day) when the hard analysis actually needs to be done. The implicit hope baked in here is that quantum is (a) far away and (b) will be clearly telegraphed. Neither of those are guaranteed.
will owens@wowens

QUANTUM COMPUTING x BITCOIN is it a real threat? yes are devs ignoring it? no should you panic? also no everything you need to know in my recent @glxyresearch report

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Keşfet

@CryptoGirlNova @DeganDev @conordeegan @OfficialTravlad @Cryptotea @stackhodler @Gary_Brode @BlocksNThoughts