Quantum and Bitcoin - a lot of people are trying to make a name for themselves and sell tokens to protect you from quantum attacks...

We have done the deep dive and it is highly likely that we will solve quantum without much collateral damage.

I'll explain in technical detail exactly what is at risk and what you can do about it

Please retweet.

🧵1/8 Bitcoin has had different signature schemes throughout it's history.

P2PK
P2PKH
P2WPKH
etc...

Of these only P2PK is immediately vulnerable... because it is a public key instead of a "hash" of a public key

The hash hides the key. By default all BTC after March 2010 uses hashes. It is impossible to break this hash with quantum.

2/8

Ok everyone - #Bitcoin #Runes - a thread to clear up some confusion.

Here are some quick facts about Runes:

⛓️Runes are tokens on Bitcoin (just like ERC20)
⭕️Runes were invented by the creator of ordinals @rodarmor
🧠Runes do not depend on smart contracts or developers - anyone can easily make one (unlike ERC20)
⏳Runes will not exist until 4/19
🎉Runes will be the most exciting part of this year's halving party

So, before 4/19 - everything about runes is just hype.

Fundamentally, runes have nothing to do with #Runestones, Rune Stars, or other #Ordinals that claim to be related to Runes or allow airdrops of runes. These are mostly just pump and dumps with a few real projects scattered in. These runes also have nothing to do with @THORChain.

Let's dive in...

1/7 WEN RUNE?

At the Bitcoin halving on 4/19 (block 840,000) - runes will be "activated" - you cannot mint or etch (create) any runes until then (except on testnet / signet where you can practice).

There will be a massive competition to be the first projects to create their runes.

2/7

Satoshi - Malmi Emails - A Deep Dive - part 2

https://twitter.com/bensig/status/1762951922305380619

Satoshi ‘Banking is more wasteful than PoW' 26/44

Satoshi - Malmi Emails - A Deep Dive

@dotkrueger and I have spent the better part of a week analyzing in excruciating detail every one of the 260 emails published by @marttimalmi

We have created a narrative around these emails. This is an interpretation, but you will find it very interesting.

Presenting it in 44 slides exclusively here on X.

Enjoy. 1/44 Background.

This dive is based on 260 messages between Satoshi (Bitcoin’s creator) and @marttimalmi (Bitcoin’s first coder).

These emails were submitted as evidence in February 2024 as part of the COPA vs CSW court case - also made public on Github.

COPA aims to stop Craig Wright from asserting copyright claims on Bitcoin.
2/44

Stumbled upon a (dismissed) court filling by "Bitcoin Manipulation Abatement LLC" against Alameda @SBF_FTX from 2019 accusing them of #Bitcoin price manipulation through various techniques including "spoofing." morrisoncohen.com/siteFiles/file… Next, May 2022 - the alleged market manipulation analysis by @hellspawncrypto showing the spoofing of Coinbase orders by the "Alameda Engine" triggered the rise of #Bitcoin price to $65k ("engine" reportedly was turned "off" for the last $4k rise to $69k).

https://twitter.com/hellspawncrypto/status/1525575167027695616

Full transcript of @GaryGensler from the Aspen Security Forum. Just hearing the SEC chair mention Satoshi Nakamoto gives me some joy. #Bitcoin sec.gov/news/public-st… He gives Nakamoto a shoutout and although he gives some credit towards bitcoin and crypto, he also warns about the dangers. Let's look at some excepts: