Blessed 🎒 retweeted
Quantum-resistant consensus without sacrificing performance
Another big step toward a post-quantum future from @category_xyz
Today we are releasing Quantum Cadence, a post-quantum version of Cadence, our consensus protocol with multiple concurrent proposers. Quantum Cadence uses no quorum certificates, and its safety and liveness do not depend on signatures.
Most modern consensus protocols, Cadence included, rely heavily on signatures and quorum certificates, which a large-scale quantum computer could forge. Simply replacing today's signatures with post-quantum ones would make certificates too large for every validator to send around in a high-performance blockchain. Quantum Cadence instead draws on Forget-IT, a recent signature-free consensus protocol co-developed by researchers at Category Labs.
Quantum Cadence still keeps the overall architecture and core guarantees of Cadence, so our Cadence prototype was easy to carry over: an AI was able to adapt it to Quantum Cadence in a few hours, and an early prototype now runs on an internal test network.
We designed Quantum Cadence to be practical for a high-performance blockchain. In our simulations, its latency is similar to Cadence's, and it scales better with the number of proposers.
Interactive explainer: category.xyz/quantum-cadence.
Full paper: arxiv.org/abs/2610.32803.
Joint work by @MohammadMJalal1, @TobiasKlenze, and @komasito55
Blessed 🎒 retweeted
I am a technology optimist. I believe:
1. decentralization and censorship-resistance (real versions of these properties, not larps) matter to human freedom in the coming age of AI
2. self-sovereign money, implemented by code and maintained through decentralized consensus, is the final form of money. But it needs to be truly decentralized -- cut out every possible weakness, trust assumption, keeper, etc. Of course there will be connectors to the real world - harden those maximally
3. AI will write most smart contract code. Spec-driven development with Formal Verification will be how new contracts are written rigorously. FV will also be crucial to securing all the infra including the blockchain itself
4. AI will harden our surfaces, with some unfortunate hacks in the process, but ultimately the crypto and financial industries will come out stronger
5. properly-constructed and properly-indexed data lakes will enable agents to build software far more productively
6. governments will move to restrict AI usage in the future, causing true decentralization and CR to matter in dramatic fashion
7. quantum security will be a must for any ledger where people trust their assets. And specifically, blockchains will need to deliver quantum-resistance while retaining programmability and performance. Again, no larping
8. ZK will be an important part of the puzzle too, as it'll be increasingly important to prove off-chain computation and utilize the result on chain. But again, performance and effortlessness for users will be the differentiator
9. pragmatic and composable privacy will be the missing piece for real adoption. People will use apps that stack together stablecoins, DeFi, blockchain settlement, passkey or MPC authentication, and friction-free onramps, but the part that gets fintechs over the line is knowing that user balances will remain private while still being able to tap into shared liquidity
10. blockchain will serve as the global, universal marketplace, for anyone anywhere to get the best opportunities. For that we will need guarantees of fair execution, protection from frontrunning, and a convergence of all of the best assets
At @category_xyz and the @monad Foundation, we are assembling all of these missing pieces in parallel with extreme urgency, and I hope this is clear from our actions. See you in the future
Blessed 🎒 retweeted
Metropolis submissions closed with 885 teams, 1,256 participants, and builders from 76 countries
Thank you to everyone who participated. Winners will be announced in early November
Introducing the Metropolis global hackathon
Six weeks to build the next generation of startups on Monad.
4 tracks. Over $250K in prizes for builders.
Submissions end October 13th.
monad.xyz/metropolis
Blessed 🎒 retweeted
Coach CEO says @Backpack .
Blessed 🎒 retweeted
Tokenized stock holder growth by issuer, past 24 hours 📈
@Backpack led with +16.4K new holders, more than 3x the next issuer, followed by @xStocksFi (+4.6K) and Binance bStocks (+3.1K).
@RobinhoodApp (+1.4K) and @coinbase (+949) round out the top 5.
Data via @tokenterminal
Blessed 🎒 retweeted
Backpack Stocks on SOL 45x better execution vs Robinhood chain.
Big pipe of liquidity is now flowing from NASDAQ onto Solana.
Retweet if you love Backpack stocks on Solana
GOAT 🐐
无畏刚在酷航经济舱碰到了Armani
BackPack的老板 @armaniferrante 真的是坐廉航经济舱
他自己提着自己的行李箱，没有让同事拿行李，背了一个磨破了皮的印有BackPack logo的旧背包，应该用了有很长时间
无畏问Armani，很意外他没有坐商务舱，居然坐经济舱，他有点哭笑不得的说，中国同事给订的机票，能省则省
无畏还告诉他，自己在0.2以下买了一些 $BP 现在还质押了一些，希望他努力做事，多坐经济舱，别太早买别墅游艇飞机
让BP持有者/质押者们也可以随着 BackPack 的愿景实现，一起分享红利收益
Blessed 🎒 retweeted
Monad’s focus:
- MEV-resistance
- Multiple concurrent proposers
- Quantum security
- Private domains integrated into public liquidity
while continuing the march toward the endgame architecture of decentralized systems
Blessed 🎒 retweeted
⚡️ EXCLUSIVE: @monad is shifting its focus to quantum security and institutional privacy in its next phase of development.
Speaking at LONGITUDE Singapore, co-founder @keoneHD outlined plans to make it easier for institutions to access public blockchain liquidity while protecting user privacy.
Blessed 🎒 retweeted
Như lời đã hứa.
Khi $BP chạm 1usd sẽ làm 1 bộ decal để ủng hộ.
Fock it.
@Backpack @Backpack_VN
@MadLads
Blessed 🎒 retweeted
Armani Ferrante on Backpack’s regulated, unified market structure at #TOKEN2049.
“We have a single platform that everything is going to plug into. International, Japan, Europe, US. Single layer that bridges kind of DeFi and TradFi in a way that nobody’s done before.”
“We want to be this regulated backbone, not just for our own products, but for the entire Solana ecosystem.”
Blessed 🎒 retweeted
JUST IN: @_jhunsaker presented a demo of Cadence, the multiple-concurrent-proposers consensus for Monad
Cadence targets 100ms block times and 300ms finality
Combined with BTX encrypted mempools, it aims to reduce MEV at the protocol level
Blessed 🎒 retweeted
solana:BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy has no team or investor unlocks
Haseeb Qureshi: Ongoing Unlocks Are Eroding Confidence in Token Markets
Dragonfly Capital Managing Partner Haseeb Qureshi @hosseeb said in an August 28 interview with @Bankless that ongoing token unlocks are hurting secondary-market confidence in some tokens, with many projects facing persistent sell pressure from multi-year unlock schedules.
He said some strategic investors "dump their tokens the moment they get them," selling each batch as it unlocks throughout a four-year vesting period. This repeated selling discourages secondary-market investors from stepping in and can create the perception that a token is destined to trade "down only."
Blessed 🎒 retweeted
A token launch is the starting line.
“You don’t get rich as a founder unless you do something amazing.”
Our goal is to build Backpack into a pillar of the world’s economy. We have to earn that outcome the same way the best Silicon Valley companies do: by building something that matters.
@armaniferrante on the commitment and alignment behind Backpack.
