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Yesterday Liquid, a federated sidechain created by Blockstream, was compromised and 4,000 BTC was taken from its bridge by a whitehat hacker: We are aware of a security incident on @Liquid_BTC.
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I felt kind of guilty about my last post, so I have spent a bit of time thinking about post-quantum Bitcoin.
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Bitcoin’s signatures are broken if a cryptographically-relevant quantum computer (CRQC) were to appear tomorrow.1 Bitcoin requires changes both to its code and to everyone’s wallets (at least a soft fork and many users moving coins to different types of a…
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The following are remarks I gave at the 2025 DC Privacy Summit.
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I have been doing a deep dive on how money is defined and how it works.
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Ark is a design to scale payments on Bitcoin.
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Gold vaults A year ago I toured the gold vault beneath the New York Fed.
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The term “stablecoin” typically refers to tokens issued on a blockchain which are designed to maintain a stable value with respect to an existing currency, for example the dollar.