The public consensus that they seek to capture won’t have enough economic weight behind it to be useful.

There are too many sovereigns amongst Bitcoiners now, they’re not going to bend over for the State.

Bitcoin does not use RSA in its core cryptographic design. Its security relies entirely on Elliptic Curve Cryptography (ECC) and hash functions (SHA-256 and RIPEMD-160). Here’s why RSA is absent and what Bitcoin actually uses:

Private/Public Key Pairs:

Bitcoin uses the Elliptic Curve Digital Signature Algorithm (ECDSA) with the secp256k1 curve. Private keys are 256-bit numbers, and public keys are derived via ECC. This differs from RSA, which relies on large prime factorization.

Address Generation:

Public keys are hashed (SHA-256 + RIPEMD-160) to create Bitcoin addresses. This process does not involve RSA.

Transaction Signing:

Transactions are signed with ECDSA, not RSA. Nodes verify signatures using the sender’s public key without requiring RSA-based encryption.

(little fast AI knowledge for you :D)

⚡️🧮 NEW - According to Google researchers, it could be 20 times easier than expected for quantum computers to break #Bitcoin.

According to them, decrypting RSA, the technology that secures crypto wallets, requires far fewer quantum resources than previously thought.

Craig Gidney, researcher at Google Quantum:

"I estimate that a 2048-bit RSA integer could be accounted for in less than a week by a quantum computer with less than a million noisy qubits".

"This is a 20-fold decrease in the number of qubits compared to our previous estimate."

To put this into context, IBM's Condor (the most powerful quantum computer to date) achieves 1,121 qubits, while Google's Sycamore operates with 53.

IBM is planning a 100,000-qubit quantum computer by 2033, in partnership with the University of Tokyo and the University of Chicago.

This is still a long way from the 1 million qubits mentioned.

⚡️🧮 NEW - According to Google researchers, it could be 20 times easier than expected for quantum computers to break #Bitcoin.

According to them, decrypting RSA, the technology that secures crypto wallets, requires far fewer quantum resources than previously thought.

Craig Gidney, researcher at Google Quantum:

"I estimate that a 2048-bit RSA integer could be accounted for in less than a week by a quantum computer with less than a million noisy qubits".

"This is a 20-fold decrease in the number of qubits compared to our previous estimate."

To put this into context, IBM's Condor (the most powerful quantum computer to date) achieves 1,121 qubits, while Google's Sycamore operates with 53.

IBM is planning a 100,000-qubit quantum computer by 2033, in partnership with the University of Tokyo and the University of Chicago.

This is still a long way from the 1 million qubits mentioned.

⚡️🚫 ALERT - It's the last day to stop Meta from using your personal data. From May 27, all your photos, videos and comments posted on Instagram, Facebook or WhatsApp can be used to train its AI.

👉 You can object by filling in a form available on your profile, before this date.

I'm posting as a comment the detailed publication I made on the subject.

Sold one coin today to put a down payment on my house

Yes I know Bitcoin will keep going up much faster than a house

But I saved it and waited 2 cycles so I can finally escape the pod I've lived in for 20 years

I've never owned a bbq or had a yard or a garage

Thank you Satoshi

“Sats” has to be explained. “Bitcoin” does not. People will need Bitcoin and they’ll see numbers on the screen. That’s it.

If you think sats is the word used long term, you haven’t made that connection yet or you have an anchoring bias.

It is not UK, it is City of London (eurodollar).

BREAKING: UK Overtakes China as 2nd Largest Holder of U.S. Treasuries for First Time in 25 Years.

Geopolitical tides shift: London steps in as Beijing pulls back.

"When money is lent on a contract to receive not only the principal sum again, but also an increase by way of compensation for the use, the increase is called interest by those who think it lawful, and usury by those who do not." William Blackstone's Commentaries on the Laws of England

"Keep your spam out of my mempool!"

Are you running a lightning node? What if a channel counterparty tries to defraud you by publishing an old channel state? In that case you need accurate fee estimation.

Your justice transaction will have to beat the dickbutts in miners' mempools. In order to beat dickbutts, your full node needs to know about dickbutts and what they're bidding. If you're ignorant of dickbutts you'll get fucked by dickbutts.

I’m too old for manual labor 😪

My back absolutely hates me after today.

Now I remember why I just pay people to do stuff…

Yup. Been using Alby Hub with Knots for months now. No issues.

So, Zuck's plan is basically to "get rid of ads" and replace them with custom ai-generated ads for each user with a single prompt from the adverser. Facebook's AI ad engine will generate, run AB tests, improve and repeat, millions of times.

"In general, we’re going to get to a point where you’re a business, you come to us, you tell us what your objective is, you connect to your bank account, you don’t need any creative, you don’t need any targeting demographic, you don’t need any measurement, except to be able to read the results that we spit out"

We are so fucked.

⚡️📉 NEW - Google searches for "Bitcoin" drops to the lowest level since October 2024, according to Google Trends data.