Elliptic Curve Cryptography (ECC) Weakness ❗ The ECC-based signatures used in Bitcoin are vulnerable to being broken by CRQCs, putting an estimated 4-10 million BTC ($400B-$1T) at risk - representing 20-50% of Bitcoin's ~19.9 million total supply. Funds most vulnerable to CRQCs are large institutional and exchange holdings, where public keys have been exposed due to "address reuse" practices, and Satoshi-era funds due to script type.

Timeline 🕰️ Experts project CRQCs may emerge by 2030–2035; the report proposes a dual-track strategy to ensure Bitcoin’s quantum readiness: - A minimal contingency path (~2 years) for rapid response to unexpected breakthroughs. - A comprehensive path (~7 years) to develop and refine optimal PQC solutions

Is Bitcoin ready for the quantum computing era? Clara Shikhelman and I explore the threats posed by cryptographically relevant quantum computers (CRQCs) and outline a strategic path forward for Bitcoin to become quantum resistant. Key takeaways 👇

Regret and “what ifs” are nice thought experiments. But they’re not worth getting hung up about. I sometimes think about starting working in the Bitcoin space earlier, and how far ahead I might from where I am now (starting a few month ago in terms is going deeper down the technical rabbit hole). But if I hadn’t had all my preceding experience, I wouldn’t be the person I am, which may not necessarily be (wouldn’t have been) the best path towards that track anyway Fate has not brought you here, but embrace, don’t hate the current you. You’re not perfect, but you’ve got this, you are YOU

nullc 🤗

A lot of Bitcoiners say you should never sell (any of?) your Bitcoin, but that’s a pretty ridiculous concept. I’m hoping many saying this would be happy to sell Bitcoin if it meant spending more time with their loved ones, it allowed to them to pursue their interests or it afforded them generally “more time” in the best years or their life, to live more freely. I have done exactly this, do not regret it, and can’t imagine I will ever regret doing so!

Join us for Perth BitDevs/Bitcoin Meetup tomorrow evening at Phat Brew from 6pm. A lot has happened in the past month, and especially the past week with some spicy controversies, so promises to be a good one! Hope to see you there 😘

The only good use for election posters, art projects with the kids teaching civil disobedience (doxxing my electorate)

I mean, I wouldn’t normally share a Disney movie but the soundtrack to this, like Tron Legacy, is going to be fucking sick 🤘

Just joined (sponsored) the @Australian Bitcoin Industry Body. Let’s get serious about changing the indifferent and sometimes hostile environment for Bitcoin in Australia 💪🏻

Is this the first time we’ve exceeded 1 exahash? Must be all those Bitaxes solo mining 😁

Would love to be at MIT this weekend 😢 Instead watching the livestream from Australia 😴 @Vitor Pamplona @satsie 🇹🇭 🇱🇹 @jb55

Just purchased and received this book for my Bitcoin library @Sjors Provoost

Joined the solo mining lottery ⛏️🤞💰 @Solosatoshi.com 🇺🇸

As someone who hasn’t been developing on anything close to a full time basis for >5 years but is making the transition back from management lulz, vibe coding is my jam