Carlos

Today is a make-or-break moment for #crypto My statement on the $DAI and $USDC #stablecoin depeg has been included in @Cointelegraph’s coverage of our project. Read all about it👇

Too much noise. Not enough signal. It’s never clear what actually matters. We’re at #EthCC setting up Community Pulse, a daily briefing that surfaces what’s changed and what needs attention first. Get your free pulse - Reply to this, shoot us a dm to get set up at EthCC

this app is annoying i’m leaving bye 👋

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.

Here you go

⚠️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.

@ask_aartoo @mert 👀 @mert @Helius

We pulled a Community Pulse on @mert - did your team catch these? 👇 🚀 3 unanswered Reddit threads that are basically Helius use cases → monitoring 500+ wallets → tracking transactions at scale → detecting swaps in real-time No one has mentioned Helius in the replies yet We surface this every morning across Reddit, Telegram, Discord, X, and more. Want your Pulse? Reply or DM us and we'll send you one

Day 1 done ✅ #EthCC Got to Cannes this AM and met multiple founders whose mornings start the same way: Scrolling Discord, Telegram, and X trying to piece together what’s going on. Got them their first Pulse while we were chatting. 90 second read. Want one? Reply or DM - we’ll send your first.

Announcing Personal Computer. Personal Computer is an always on, local merge with Perplexity Computer that works for you 24/7. It's personal, secure, and works across your files, apps, and sessions through a continuously running Mac mini.

that feeling when you know how to operate Claude Skills better than 99% of people:

🚨 BREAKING: Someone just open-sourced software that sees you through walls using only WIFI signals. it’s called WiFi-DensePose. It maps your exact body pose in real-time. no cameras. no sensors. just your living room router. 100% Open Source.

Jim Cramer in 2010: “I’m not sure Tesla has a business plan that’s going to work, it’s not a smart investment” Inverse Cramer is so real

FLOYD MAYWEATHER vs. MANNY PACQUIAO Two of the greatest icons in boxing history will meet again in the first-ever professional boxing match at Sphere in Las Vegas. Saturday September 19 LIVE globally only on Netflix #MayPac2

I've spent 2.54 BILLION tokens perfecting OpenClaw. The use cases I discovered have changed the way I live and work. ...and now I'm sharing them with the world. Here are 21 use cases I use daily: 0:00 Intro 0:50 What is OpenClaw? 1:35 MD Files 2:14 Memory System 3:55 CRM System 7:19 Fathom Pipeline 9:18 Meeting to Action Items 10:46 Knowledge Base System 13:51 X Ingestion Pipeline 14:31 Business Advisory Council 16:13 Security Council 18:21 Social Media Tracking 19:18 Video Idea Pipeline 21:40 Daily Briefing Flow 22:23 Three Councils 22:57 Automation Schedule 24:15 Security Layers 26:09 Databases and Backups 28:00 Video/Image Gen 29:14 Self Updates 29:56 Usage & Cost Tracking 30:15 Prompt Engineering 31:15 Developer Infrastructure 32:06 Food Journal

this

@coinbase but your user experience in the U.K. is terrible, warning pop ups and restriction notices and cool down periods… awful

Coinbase has 12 products that generate more than $100M on an annualized basis.

Chinese company ByteDance released its latest AI model, “Seedance 2.0,” just 48 hours ago. Someone tested the new version by giving it a prompt to generate a fight scene between Brad Pitt and Tom Cruise, with their dialogue during the fight revolving around the Epstein files. With this release, it has become almost impossible to distinguish between reality and fiction. To the extent that Lu Huang, an AI consultant and digital film director, said: “I studied digital filmmaking for seven years, and I’d say that 90% of the skills I learned have now become useless after the release of Seedance 2.0.”

Stretch Your Income To Eleven. $STRC

Bitcoin is a neutral, open-source public utility. Like fire, water, or the internet. It is not a person. It is not an institution. It has no secrets. Corrupt people do not get to rob humanity of our chance to fix the mess we inherited. Bitcoin is the solution, not the problem.

@IvanOnTech prophet ivan

I told you this 2 years ago... VITALIK DECLARES L2s DEAD!!