Bitcoin Phoenix
1.1K posts
Bitcoin Phoenix
@HallmarkBitcoin
Bitcoiner, former Shitcoiner
United States Katılım Mart 2021
699 Takip Edilen741 Takipçiler
@ryQuant Can’t tell if you’re trolling lol it will never break out of the while True loop
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@HallmarkBitcoin Actually no this one did run, the output was, let’s say, less than desirable and being iterated on.
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The journey of a 1,000 line program starts with "import time" and keeps it running. Like a flat circle ⭕️ $MSTR
Ryan 🏧🟧@ryQuant
Time is a flat circle. ⭕️ #Vega $MSTR
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@ryQuant No errors, just looks like it will stay between lines 9 and 11 for a “while” 🙂
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@HallmarkBitcoin Oh it got past 14
It didn’t work tho and I’m still iterating on it now.
What error do ya see?
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@coinfessions Imagine thinking there is only one cryptocurrency
That's like some idiot joining you for dinner and them announcing "there's only beef, all other food is shit food" - what a flog
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I’m a public bitcoin maximalist working in a bitcoin-only company, but I’m secretly converting my bitcoin to Monero and can’t talk about that publicly, because I’m captured by my audience and my livelihood depends on it.
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@waitbutwhy Simple game theory problem… unfortunately, not everyone knows game theory. So the correct answer (red) seems callous
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Everyone in the world has to take a private vote by pressing a red or blue button. If more than 50% of people press the blue button, everyone survives. If less than 50% of people press the blue button, only people who pressed the red button survive. Which button would you press?
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something i've noticed: AI agents create a weird new kind of burnout. esp for young people.
a lot of ambitious 22 year olds are going to think the answer is simple:
- spin up more agents
- ship more code
- sleep less
- outwork everyone
and for a while, it will feel incredible.
you can keep multiple agents running, feed them tasks, review outputs, fix mistakes, make decisions, and keep the whole loop moving.
the problem is that the work no longer drains you through typing. it drains you through judgment.
More attention.
More context switching.
More verification.
More decisions per hour.
so instead of 8-10 normal productive hours, you might get 4-5 extremely intense hours before your brain is fully cooked. and you feel numb until you sleep properly and reset
some of my friends are already burnt out. they don't say it out loud but i can tell.
the agent can keep working 24/7.
the human still has a hard limit
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@pepesza_eth @AlexAuroraDev @peterktodd @litecoin Total hashrate of Bitcoin is more than that of a toaster
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@AlexAuroraDev @peterktodd @litecoin I’m sure Bitcoin is somehow resilient to this 😁 Because of magic 🪄
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10h ago @litecoin experienced a coordinated attack on the chain that resulted in 13 blocks reorg that took more than 3h to generate.
During this time attackers were performing double spend attacks on multiple cross-chain swapping protocols.
We are investigating the situation.
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@adam3us @MrHodl @_jonasschnelli_ @w_s_bitcoin no way it’s good to be less efficient than brute force
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@_jonasschnelli_ @w_s_bitcoin simpler way to explain: it's less efficient than brute force. (If that's the case, depends on the algebra of the approach). And when samples > n probability of finding solution becomes high. But for any real problem counting to n will take until the heat death on this hardware
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Project Eleven paid 1 BTC for a "quantum break" of Bitcoin-style crypto.
The quantum computer contributed NOTHING (noise)!
The answer was recovered by a classical checker sifting random noise. I reproduced the whole thing in 20 lines of Python with no quantum computer at all.
Project Eleven@projecteleven
Project Eleven Awards 1 BTC Q-Day Prize for Largest Quantum Attack on Elliptic Curve Cryptography to Date Researcher breaks 15-bit ECC key on publicly accessible quantum hardware in a 512x jump from the previous public demonstration. Project Eleven today awarded the Q-Day Prize, a one Bitcoin bounty, to Giancarlo Lelli for breaking a 15-bit elliptic curve key on a publicly accessible quantum computer. The result is the largest public demonstration to date of the attack class that threatens Bitcoin, Ethereum, and over $2.5 trillion in ECC-secured digital assets. "The resource requirements for this type of attack keep dropping, and the barrier to running it in practice is dropping with them," said @apruden08, CEO of Project Eleven. "The winning submission came from an independent researcher working on cloud-accessible hardware. No national lab, no private chip. It shows that tangible progress is possible and highlights the urgency to migrate to post-quantum cryptography sooner rather than later. Google just committed to being quantum-secure by 2029. The window to get ahead of this is closing.” Lelli derived a private key from its public key across a search space of 32,767 using a variant of Shor’s algorithm. Shor's targets the Elliptic Curve Discrete Logarithm Problem (ECDLP), the math underlying the digital signature schemes securing Bitcoin, Ethereum, and most blockchains. Quantum attacks on ECC have moved from theory to practice over the last seven months. Steve Tippeconnic's 6-bit demonstration in September 2025 was the first public break on quantum hardware. Lelli's 15-bit result extends it by a factor of 512. Theoretical resource estimates for a full 256-bit attack, the scale Bitcoin operates at, have fallen sharply over the same period. Google's April 2026 whitepaper put the requirement at under 500,000 physical qubits. A subsequent paper from Caltech and Oratomic brought that figure as low as 10,000 qubits in a neutral-atom architecture. Lelli's result is the practical counterpart to those optimizations. The distance from 15 bits to 256 bits is large, but the gap is increasingly viewed as an engineering problem and not a fundamental physics problem. Roughly 6.9 million Bitcoin sit in wallets whose public keys are visible on-chain, exposing them to quantum attack. All blockchains using ECC share similar risks with vulnerable assets. Project Eleven is developing its next challenge, focused on the intersection of frontier AI models and quantum cryptanalysis.
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You’re now attacking people based on race and nationality—maybe you’re the one who needs to take a hard look at yourself.
What does this have to do with being a KOL?
I don’t make racial or personal attacks—do you?
You’ve lost basic respect, and your arrogance has clearly blinded your judgment.
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說好的退款時間，卻沒看到 @metamaxxmoon 發公告，他的前員工還託人來爆料...
一個說要用產品讓大家後悔的創辦人，開除所有員工、WEB3團隊，用 AI 機械人取代真實社區成員?
你說你要讓我們後悔???
這樣的項目有什麼好後悔的?
用 Web3 的錢創業，再來嫌 Web3 的投資人及社區有問題，這樣的創辦人不是垃圾是什麼?
我不太想去關注這個項目，但是大家又來跟我說退款沒有音訊，所以我好再次站出來寫這篇文章，真的建議把錢退一退大家好聚好散。
不要到最後被噴更多黑料，你就沒辦法繼續裝你的白蓮花了，另外 @zachxbt 你怎麼不來調查這個項目?
Kindred Labs@Kindred_AI
A message for SATO Holders!
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@BitcoinPierre @SenWarren Pierre, I respect the shit out of you. You are a legend. But public ownership of the means of production, regardless of circumstance, is contrary to capitalism. Or am I wrong?
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If you had bothered to read the article, you would have the answer: the American people get warrants to take a potential significant stake in Spirit. Not to mention the 14,000 jobs and cheap flights.
It was Biden who should be held accountable, he blocked JetBlue from buying Spirit in 2022.
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Donald Trump’s war with Iran caused the sky-high fuel prices that finally did Spirit Airlines in.
What do the American people get out of this taxpayer bailout?
Will the failed airline executives be held accountable?
The Wall Street Journal@WSJ
Exclusive: The Trump administration is nearing a rescue deal for Spirit Airlines that would loan the discount carrier as much as $500 million. on.wsj.com/4cspZM0
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@arkham Hackers got played 🤣, but this is also dangerous. This technique could be used in the future by hackers to remove funds from any wallet without needing anything. Isn't this concerning? If this happened, decentralization would be a joke, and people would fear holding any crypto.
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ARBITRUM RECOVERS $70.9M FROM KELPDAO EXPLOITER
The Arbitrum Security Council just removed $70.97M ETH from the KelpDAO Exploiter’s addresses. They sent it to the address 0x0000000000000000000000000000000000000DA0
North Korea stole the money and Arbitrum stole it back.
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@arkham so.. a centralized entity single handedly 'moved' 70M from one address to another.. ppl are okay with this ? there's zero integrity in crypto at this point...
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$70.9M recovered
but here's what this actually shows:
Arbitrum's Security Council can freeze and move funds from exploiter addresses
that's not a bug. it's a feature.
but it also means "decentralized" has an asterisk
the same mechanism that saved $71M today
could theoretically move anyone's funds tomorrow
tradeoffs everywhere
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this is probably the best thing that has come out in last 3 days.
@arbitrum and all the folks coordinating are goated af
sure we all care about decentralization and it's needed at times.
but in this current scenario, in this moment, we need to give up those values.
we need to give up those values to fight a greater evil, which is Lazarus group. if they can use any means necessary to exploit us, why cant we use any means necessary to save ourselves.
anyone who says anything against arbitrum today is enemy of crypto as a whole.
Arbitrum@arbitrum
The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times, weighed its commitment to the security and integrity of the Arbitrum community without impacting any Arbitrum users or applications. After significant technical diligence and deliberation, the Security Council identified and executed a technical approach to move funds to safety without affecting any other chain state or Arbitrum users. As of April 20 11:26pm ET the funds have been successfully transferred to an intermediary frozen wallet. They are no longer accessible to the address that originally held the funds, and can only be moved by further action by Arbitrum governance, which will be coordinated with relevant parties.
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@toghrulmaharram Cope shitcoiner
You should try fiat, I think you’d like it
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Btw, for all the retards screaming about decentralization: this is not a decentralization problem, this is an immutability problem. Any protocol with a social consensus, regardless of how decentralized they are, can agree to bypass the protocol rules if a sufficient number of stakeholders agree to do that. Example, Bitcoin rolled back in 2010 and Ethereum introduced an irregular state transition in 2016.
The only question is whether or not this is a slippery slope.
Arbitrum@arbitrum
The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times, weighed its commitment to the security and integrity of the Arbitrum community without impacting any Arbitrum users or applications. After significant technical diligence and deliberation, the Security Council identified and executed a technical approach to move funds to safety without affecting any other chain state or Arbitrum users. As of April 20 11:26pm ET the funds have been successfully transferred to an intermediary frozen wallet. They are no longer accessible to the address that originally held the funds, and can only be moved by further action by Arbitrum governance, which will be coordinated with relevant parties.
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Arbitrum freezing funds protects L2 users from being treated as second-class in the Kelp recovery.
Kelp prioritizing mainnet over bridged assets sets a risky precedent with little upside. Freezing helps rebalance things by showing hacked L2 assets can be stopped.
Bridges should add fast freeze mechanisms for hacks too to trap hackers.
Yes, it’s more centralized but if you want maximum censorship resistance, use mainnet.
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Arbitrum just clawed back $71M from the KelpDAO exploiter, and CT already saying "Arbitrum it's not decentralized."
I think most people saying this fundamentally misunderstand what decentralization actually means.
Decentralization isn't binary. It has three dimensions: political, technical, and economic. And on the dimension that matters most, Arbitrum is doing it correctly.
Political decentralization means no single entity controls decisions.
1. The Security Council consists of 12 independently elected individuals, not appointed by Offchain Labs or the Arbitrum Foundation.
2. Any action requires 9/12 consensus before it can be executed.
3. Only 1 of the 12 members is even an OCL engineer.
The frozen funds still require a full governance vote to determine their final fate.
And here's the thing nobody wants to say out loud: pure decentralization at this stage of DeFi would be catastrophic.
Imagine a few years from now. BlackRock, Franklin Templeton, and every major TradFi juggernaut is fully onchain. Billions in tokenized assets. Then an exploit hits. And because the chain is purely decentralized, nobody can do anything. The money is just gone, no recourse, no recovery. Game over for institutional adoption.
IMO, Arbitrum saw this coming. The Security Council exists precisely because capital at scale requires a safety net, not for convenience, but for the long-term survival of the ecosystem. This wasn't a reactive decision. It was deliberate infrastructure built years in advance for exactly this kind of moment.
On the abuse of power concern: the system has real constraints. Neither Offchain Labs nor the Arbitrum Foundation can act unilaterally. Everything flows through an elected council and governance. Every action is visible onchain. Every decision is publicly justified, so you can't hide anything.
Think of Arbitrum like a country running on democracy. There's a constitution, elected representatives, emergency powers that require consensus to invoke, and a legislature that holds ultimate authority. Is it a perfect democracy? No. But it's a functioning one, and that's more than most chains can claim.
Arbitrum maybe isn't purely decentralized. It isn't centralized either. It sits deliberately in between, and right now, that's exactly where it needs to be.
For where DeFi is today, this isn't a weakness at all it's the right design.
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This is great. Emergency circuit breakers like this are exactly what every L2 needs.
And yes, some people will say it's not decentralized. But we just watched $290M disappear while everyone was too decentralized to stop it.
Arbitrum@arbitrum
The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times, weighed its commitment to the security and integrity of the Arbitrum community without impacting any Arbitrum users or applications. After significant technical diligence and deliberation, the Security Council identified and executed a technical approach to move funds to safety without affecting any other chain state or Arbitrum users. As of April 20 11:26pm ET the funds have been successfully transferred to an intermediary frozen wallet. They are no longer accessible to the address that originally held the funds, and can only be moved by further action by Arbitrum governance, which will be coordinated with relevant parties.
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Arbitrum just froze 30,766 $ETH ($71,000,000) connected to the LayerZero rsETH bridge exploit
Decentralization purists will definitely see this as controversial
However, personally, I think this was the right move given the circumstances
Tough call no doubt
Arbitrum@arbitrum
The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times, weighed its commitment to the security and integrity of the Arbitrum community without impacting any Arbitrum users or applications. After significant technical diligence and deliberation, the Security Council identified and executed a technical approach to move funds to safety without affecting any other chain state or Arbitrum users. As of April 20 11:26pm ET the funds have been successfully transferred to an intermediary frozen wallet. They are no longer accessible to the address that originally held the funds, and can only be moved by further action by Arbitrum governance, which will be coordinated with relevant parties.
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