@kazani
Explains the selloff today? Justin Drake on Quantum
Big quantum breakthrough + secrecy fail:
Google found a huge 10x speedup to break Bitcoin/Ethereum signatures, but hid the details with a secret "zero-knowledge proof" after talking to the US government.
A French researcher quickly rediscovered it anyway, and a public challenge has already improved it further (plus new tech needs only ~10,000 qubits)
Timeline warning + Ethereum plan:
Justin Drake now says there's a 50% chance quantum computers break today's crypto by 2032 (10% by 2030).
He wants Ethereum to switch to unbreakable "hash-based" crypto by 2029 and is offering two $1 million prizes to speed it up.
https://x.com/drakefjustin/status/2061793725299224676