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@averyhodl
Messing with bitcoin since 2011. Learned everything the hard way.
My favorite day of the year, April 1st, is imminent. To celebrate, I will not log on tomorrow.
I had coffee with a banker attending his first @EthCC. He was surprised by how little some crypto builders understand TradFi: "They’re very strong on tech. But they don’t really understand finance - how it works, why it exists. You can’t replace or improve a system you don’t understand." And the problem is, he’s right.
Many are wondering "what Google saw" that caused them to revise their post-quantum cryptography transition deadline to 2029 last week. It was this: research.google/blog/safeguard…
⚠️GOOGLE SAYS A QUANTUM ATTACK ON BITCOIN TAKES JUST 9 MINS WITH A 41% SUCCESS RATE Google's quantum team now says cracking Bitcoin may require less than 500K qubits, far below the “millions” once assumed. Research suggests an attack could take 9mins, faster than a typical 10-min block confirmation, giving a 41% success rate. Google now flags 2029 as a key deadline to upgrade Bitcoin’s cryptography before quantum becomes a real threat.
Many are wondering "what Google saw" that caused them to revise their post-quantum cryptography transition deadline to 2029 last week. It was this: research.google/blog/safeguard…
⚠️ Quick $NAKA update: Insiders hold 40% of shares outstanding. Not one of them has bought a single share on the open market. The BTC treasury hasn't grown by a single sat. The stock is down 99.3% and 70 days from Nasdaq delisting.
🚨 Google has sounded the quantum alarm 🚨 Today, they released groundbreaking progress towards breaking crypto using a quantum computer. TLDR - Existing cryptography is dead. Mempool attacks are real. We must migrate to post-quantum now. Thread 🧵