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That Hemi Intern
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That Hemi Intern
@ThatHemiIntern
intern at @hemi_xyz i like wrestling, shitposting, the sopranos, video games, and vin diesel. world's leading intern. build on #Hemi.
Parts Unknown Katılım Temmuz 2024
614 Takip Edilen33.3K Takipçiler
That Hemi Intern retweetledi
Hemi Tunnels vs Traditional Bridging Architecture
Not all cross-chain infrastructure is built the same.
Traditional bridges typically lock assets on one chain and mint representations on another, relying on validators, relayers, multisigs, or oracles to verify remote state. This introduces additional trust assumptions and expands the attack surface.
Hemi Tunnels take a fundamentally different approach.
Powered by the Hemi Virtual Machine (hVM), they enable trust-minimized interoperability by giving smart contracts direct access to Bitcoin state. Rather than depending on centralized intermediaries to relay information, Hemi is designed to make Bitcoin-aware applications possible at the protocol level.
Traditional Bridges
❌ Depend on external relayers or trusted validators
❌ Often rely on wrapped assets and intermediary assumptions
❌ Security is tied to the bridge's operational model
Hemi Tunnels
✅ Built for trust-minimized interoperability
✅ Leverage hVM's native Bitcoin awareness
✅ Enable secure asset portability between Bitcoin and Ethereum
✅ Allow future tunnel designs to evolve with innovations like BitVM and new Bitcoin primitives
The biggest difference?
Traditional bridges move assets. @hemi_xyz Tunnels are designed to move assets with security, decentralization, and Bitcoin's ethos at their core. 🟠⚡
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That Hemi Intern retweetledi
But... wait... aren't these new features for HAIRgames? 👀
We have a feeling @mintora_app isn't entirely innocent in all this! 🤔
Be smart, don't waste any time ! 🙄
An official announcement for Season 5 is coming soon.
Stay ready, Hemigos. 🔥
#HAIRgames @hemi_xyz #NFT #GamingDaily
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That Hemi Intern retweetledi
How is Hemi audited? 🛡️
@hemi_xyz 's security strategy isn't based on a single audit or a single smart contract.
Instead, different components of the ecosystem have undergone independent security reviews by Quantstamp and Resonance, covering everything from the HEMI token and VeHemi governance to protocol contracts and Bitcoin infrastructure like the BTC Tunnel.
Here's what that process looks like:
🔹 1. Component-level reviews
Rather than auditing the protocol as one giant codebase, Hemi audits individual systems including token logic, governance contracts, vault infrastructure, and Bitcoin interoperability.
🔹 2. Deep technical analysis
Auditors review business logic, access control, minting and inflation mechanisms, signature verification, upgrade paths, governance flows, cross-chain interactions, and edge cases that could impact protocol security.
🔹 3. Findings are documented not hidden
The published reports classify issues by severity and explain recommended remediations. Some findings are fixed, some mitigated, and some are explicitly acknowledged when they reflect intentional design trade-offs rather than vulnerabilities.
For example:
• Quantstamp's BTC Tunnel re-audit identified multiple issues across severity levels, with high-severity findings remediated before publication and the remaining items either mitigated or acknowledged.
• Quantstamp's HEMI Token audit reported no high-severity findings, with lower-severity issues fixed or documented as intentional design choices.
• Resonance also conducted dedicated reviews of the protocol contracts, HEMI token contracts, and VeHemi governance system, providing an additional layer of independent scrutiny.
The takeaway?
An audit isn't proof that code is flawless. It's a rigorous engineering process that surfaces weaknesses, validates assumptions, and improves protocol resilience before deployment.
That's the standard Hemi appears to be pursuing: multiple audits, transparent findings, and continuous security improvements.
Hemi audit github repository- github.com/hemilabs/audit…
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That Hemi Intern retweetledi
That Hemi Intern retweetledi
That Hemi Intern retweetledi
As Hemi continues to grow, new platforms are emerging to support the broader ecosystem. NFTs play an important role in preserving the onchain culture and expression developing across the network.
To provide a marketplace for both existing and future Hemi NFT collections, community member @0xalpha_7 launched @mintora_app.
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That Hemi Intern retweetledi
GIF
QME
@willem_hair you can try to copy us... But @MaxwellSanchezX keep the sillkyest hair of the ecosystem !
@hemi_xyz and HAIR Copied time and again, but never matched!
WE SET THE TRENDS!
@botanix
@willem_hair
@ThatHemiIntern
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That Hemi Intern retweetledi
“Proof” > “Trust me bro” 👀
Hemi x Accountable bringing live Proof of Solvency to hemiBTC is a huge win for transparency
Hemi@hemi_xyz
When it comes to backing reserves, claims are the easy part. Continuously, cryptographically, and independently proving it is something else. Hemi is partnering with @AccountableData to make the latter the standard for hemiBTC. Accountable's Data Verification Network powers continuous Proof of Solvency for hemiBTC, with a live dashboard showing collateral ratio and reserves in real time. See the dashboard at: por.hemi.xyz Learn more: hemi.xyz/blog/hemibtc-r…
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That Hemi Intern retweetledi
Everyone is talking about “holding BTC.”
Smart money is starting to focus on something bigger:
making BTC productive.
That’s where the narrative is quietly shifting right now.
For years, Bitcoin was treated mostly as a store of value.
Buy. Hold. Wait.
But the next phase of the market is about unlocking utility without losing exposure to BTC itself.
That’s why BTCFi infrastructure is getting so much attention.
Projects like @hemi_xyz are pushing this idea forward by building infrastructure that connects Bitcoin and Ethereum in a more composable way.
The interesting part isn’t just “bridging.”
It’s the possibility of turning dormant BTC into capital that can actually participate in DeFi, applications, and yield opportunities.
Institutions are watching this closely.
Builders are moving early.
Because the market is slowly realizing something important:
The future may not be just about owning BTC.
It may be about what BTC can do.
#BTCFI
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That Hemi Intern retweetledi
And you're sleeping on @hemi_xyz hemiBTC? 🤔
Kalshi Crypto@Kalshi_Crypto
JUST IN: White House Executive Director confirms a Strategic Bitcoin Reserve announcement is weeks away
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That Hemi Intern retweetledi
That Hemi Intern retweetledi
Yesterday's post described the problem. @vetro_org is what we built in response.
A treasury layer for dollar-denominated digital assets.
Three instruments that handle redemption, yield, and composability separately. No treasury team to hire on the holder side. No counterparty to underwrite.
Jeff Garzik@jgarzik
$320B in #stablecoins are circulating. Issuers are now the 7th-largest holder of US Treasuries. Those reserves generate $13 to $15B in annual yield. None of it reaches the holder. For institutional balance sheets, that's a direct subsidy from holder to issuer. 🤔
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That Hemi Intern retweetledi
Public companies aren’t just holding BTC anymore, they’re putting it to work with @hemi_xyz .
Treasuries that once sat idle are now generating native yield, without giving up custody or relying on risky intermediaries.
No wrappers. No opaque lending desks. Just verifiable, on-chain yield, built for institutions.
Bitcoin is evolving from a balance sheet asset into productive capital.
And @hemi_xyz is where that shift is happening.⚡
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That Hemi Intern retweetledi
"Google paper uses a zero-knowledge (ZK) proof to demonstrate the algorithm's existence without leaking actual optimisations. From now on, assume state-of-the-art algorithms will be censored. There may be self-censorship for moral or commercial reasons, or because of government pressure. A blackout in academic publications would be a tell-tale sign."
Justin Drake@drakefjustin
Today is a monumentous day for quantum computing and cryptography. Two breakthrough papers just landed (links in next tweet). Both papers improve Shor's algorithm, infamous for cracking RSA and elliptic curve cryptography. The two results compound, optimising separate layers of the quantum stack. The results are shocking. I expect a narrative shift and a further R&D boost toward post-quantum cryptography. The first paper is by Google Quantum AI. They tackle the (logical) Shor algorithm, tailoring it to crack Bitcoin and Ethereum signatures. The algorithm runs on ~1K logical qubits for the 256-bit elliptic curve secp256k1. Due to the low circuit depth, a fast superconducting computer would recover private keys in minutes. I'm grateful to have joined as a late paper co-author, in large part for the chance to interact with experts and the alpha gleaned from internal discussions. The second paper is by a stealthy startup called Oratomic, with ex-Google and prominent Caltech faculty. Their starting point is Google's improvements to the logical quantum circuit. They then apply improvements at the physical layer, with tricks specific to neutral atom quantum computers. The result estimates that 26,000 atomic qubits are sufficient to break 256-bit elliptic curve signatures. This would be roughly a 40x improvement in physical qubit count over previous state-of-the-art. On the flip side, a single Shor run would take ~10 days due to the relatively slow speed of neutral atoms. Below are my key takeaways. As a disclaimer, I am not a quantum expert. Time is needed for the results to be properly vetted. Based on my interactions with the team, I have faith the Google Quantum AI results are conservative. The Oratomic paper is much harder for me to assess, especially because of the use of more exotic qLDPC codes. I will take it with a grain of salt until the dust settles. → q-day: My confidence in q-day by 2032 has shot up significantly. IMO there's at least a 10% chance that by 2032 a quantum computer recovers a secp256k1 ECDSA private key from an exposed public key. While a cryptographically-relevant quantum computer (CRQC) before 2030 still feels unlikely, now is undoubtedly the time to start preparing. → censorship: The Google paper uses a zero-knowledge (ZK) proof to demonstrate the algorithm's existence without leaking actual optimisations. From now on, assume state-of-the-art algorithms will be censored. There may be self-censorship for moral or commercial reasons, or because of government pressure. A blackout in academic publications would be a tell-tale sign. → cracking time: A superconducting quantum computer, the type Google is building, could crack keys in minutes. This is because the optimised quantum circuit is just 100M Toffoli gates, which is surprisingly shallow. (Toffoli gates are hard because they require production of so-called "magic states".) Toffoli gates would consume ~10 microseconds on a superconducting platform, totalling ~1,000 sec of Shor runtime. → latency optimisations: Two latency optimisations bring key cracking time to single-digit minutes. The first parallelises computation across quantum devices. The second involves feeding the pubkey to the quantum computer mid-flight, after a generic setup phase. → fast- and slow-clock: At first approximation there are two families of quantum computers. The fast-clock flavour, which includes superconducting and photonic architectures, runs at roughly 100 kHz. The slow-clock flavour, which includes trapped ion and neutral atom architectures, runs roughly 1,000x slower (~100 Hz, or ~1 week to crack a single key). → qubit count: The size-optimised variant of the algorithm runs on 1,200 logical qubits. On a superconducting computer with surface code error correction that's roughly 500K physical qubits, a 400:1 physical-to-logical ratio. The surface code is conservative, assuming only four-way nearest-neighbour grid connectivity. It was demonstrated last year by Google on a real quantum computer. → future gains: Low-hanging fruit is still being picked, with at least one of the Google optimisations resulting from a surprisingly simple observation. Interestingly, AI was not (yet!) tasked to find optimisations. This was also the first time authors such as Craig Gidney attacked elliptic curves (as opposed to RSA). Shor logical qubit count could plausibly go under 1K soonish. → error correction: The physical-to-logical ratio for superconducting computers could go under 100:1. For superconducting computers that would be mean ~100K physical qubits for a CRQC, two orders of magnitude away from state of the art. Neutral atoms quantum computers are amenable to error correcting codes other than the surface code. While much slower to run, they can bring down the physical to logical qubit ratio closer to 10:1. → Bitcoin PoW: Commercially-viable Bitcoin PoW via Grover's algorithm is not happening any time soon. We're talking decades, possibly centuries away. This observation should help focus the discussion on ECDSA and Schnorr. (Side note: as unofficial Bitcoin security researcher, I still believe Bitcoin PoW is cooked due to the dwindling security budget.) → team quality: The folks at Google Quantum AI are the real deal. Craig Gidney (@CraigGidney) is arguably the world's top quantum circuit optimisooor. Just last year he squeezed 10x out of Shor for RSA, bringing the physical qubit count down from 10M to 1M. Special thanks to the Google team for patiently answering all my newb questions with detailed, fact-based answers. I was expecting some hype, but found none.
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That Hemi Intern retweetledi
This Friday at 12 PM PDT 3 PM EDT catch @MaxwellSanchezX and @ETH_Nation discussing the future of Hemi and Zero-Knowledge Markets.
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That Hemi Intern retweetledi
That Hemi Intern retweetledi
That Hemi Intern retweetledi
From ZK infrastructure to ecosystem expansion.
Here’s what the Hemi team has been building this week.
Midweek with Max recap here.
hemi.xyz/blog/midweek-w…
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That Hemi Intern retweetledi
The Hemigo of the Week tradition continues!
@IFerialdi60077
@mrdollar_eth
Huge shoutout to Gladiy for "Hemigo of the week", Always a vibe to see the community wearing the official Hemigo tshirt.
@hemi_xyz
Who’s grabbing the next one? It's you sir ! 💪
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