Chase

@Pledditor @projecteleven @blockstream @blksresearch has 20 person applied cryptography/security team working on this basically full time, you can see that from the pace of R&D output, implementations, BIPs. it's just insulting and FALSE to say bitcoin protocol researchers are "not doing anything".

Google Quantum AI released a paper exploring quantum threats to cryptocurrency, citing Blockstream Research work on post-quantum cryptography. Here’s what we’re building to prepare Bitcoin for quantum computers, using @Liquid_BTC as a production-grade sidechain and prove upgrades before they are considered for Bitcoin mainnet. 🧵

announcing DROPLETBOX.COM the premier rain cloud storage drive for all your quantum proof jpeg needs powered by the longest running and most trusted custodial bitcoin sidechain @Liquid_BTC "wow finally a place for me to save all my ai slop memes" - @saylor "wait liquid has a whole nft feature just for this why are you using inscriptions? are you stupid?" - @Excellion "the 200-week moving average is looking good here" - @adam3us

This is insane. The Institutional Growth Lead at @CantonNetwork is either deliberately lying, or he doesn't understand how Ethereum, Solana and his own product work. Let's quickly dissect each of these claims: 1. “Canton, Solana, and Ethereum have the same permissionless properties” This is simply false. On Ethereum and Solana, anyone can deploy, validate (with capital), and read state. Hence, these are permissionless networks. On Canton, participation is gated. Validator access and broader network interaction require sponsorship and approval flows, IPs, and an SV sponsor. Hence, Canton is not permissionless. 2. “Only one has the privacy required for capital markets” False. On Ethereum and Solana, privacy is supported via smart contracts, enabling third party verification without revealing raw data. Examples include: - Validity proofs - Encrypted mempools / TEEs - App-layer privacy (@aztecnetwork-style architectures) On Canton, what he is calling “privacy” is just access control. Canton restricts who can see the state. It's "trust me bro" privacy. 3. “Institutions will start where liquidity is deepest and friction is lowest” Correct in principle, and precisely why liquidity today lives on Ethereum (+ L2s) and increasingly on Solana. Canton has institutional distribution agreements, which is *not* open and composable liquidity. 4. “Only Canton can measure success in trillions” Sure, trillions in internal ledger value, permissioned environments, and non-composable assets. You can't measure something that you can't even verify. If you can’t verify it, you can’t integrate it, and you can’t build on top of it. It is not onchain. It's fugazzi.

Not exactly the full story Sergio. In 2014, Blockstream authored the original bitcoin sidechain whitepaper and began development on Elements/Liquid. In 2015, Elements (Alpha) was launched as the first public implementation of a bitcoin sidechain. This was almost two years before RSK went to test-net. So, if you want to nitpick I guess you can say Elements Alpha, not Liquid, was bitcoin's first sidechain, even though Liquid is just the continuation of this work and uses the same codebase as Elements. Also important for readers to understand that Rootstock is an EVM-derived stack, whereas Elements is a direct codebase fork of Core, and is how today it can inherit any upstream improvements. This is an important distinction to make between RSK and Liquid, and understanding its lineages. Citations: blog.blockstream.com/en-714/ coindesk.com/markets/2015/1… coindesk.com/tech/2015/06/0… coindesk.com/tech/2017/05/2…

libsecp256k1 is the cryptographic library that secures every Bitcoin transaction and @blksresearch is one of its key contributors and maintainers. They also maintain libsecp256k1-zkp, the extended fork that powers @Liquid_BTC's Confidential Transactions, MuSig2, and zero-knowledge proofs. The team has just brought the zkp fork up to date with 2.5 years of upstream improvements.

libsecp256k1 is the cryptographic library that secures every Bitcoin transaction and @blksresearch is one of its key contributors and maintainers. They also maintain libsecp256k1-zkp, the extended fork that powers @Liquid_BTC's Confidential Transactions, MuSig2, and zero-knowledge proofs. The team has just brought the zkp fork up to date with 2.5 years of upstream improvements.

Prediction markets are in development on Liquid. Covenant-based settlement enforced by cryptography. @Resolvr_io is building with Simplicity — high-assurance smart contracts, mathematically provable execution. Tommy demos live at Simplicity Office Hours this Tuesday. 🔗 ⬇️