BTC $84,532.28 -0.17%
ETH $2,666.51 -1.26%
BNB $766.52 -0.51%
XRP $1.48 -0.69%
SOL $118.50 +0.25%
TRX $0.3346 -0.08%
DOGE $0.0924 -1.78%
ADA $0.2422 -1.45%
BCH $308.85 -0.19%
LINK $13.75 -3.84%
HYPE $88.12 +1.09%
AAVE $179.78 +4.42%
SUI $1.12 -4.17%
XLM $0.2141 -2.20%
ZEC $1,291.97 -3.23%
AAPL $333.43 +0.80%
AMZN $251.24 +0.94%
GOOGL $343.10 +1.05%
MSFT $517.36 +0.38%
META $727.46 +0.17%
NVDA $234.04 +1.04%
TSLA $371.11 +4.38%
SNDK $1,718.69 -3.55%
INTC $119.15 -1.03%
SPCX $158.86 +6.83%
MU $1,070.78 -1.94%
AMD $633.04 +2.44%
BTC $84,532.28 -0.17%
ETH $2,666.51 -1.26%
BNB $766.52 -0.51%
XRP $1.48 -0.69%
SOL $118.50 +0.25%
TRX $0.3346 -0.08%
DOGE $0.0924 -1.78%
ADA $0.2422 -1.45%
BCH $308.85 -0.19%
LINK $13.75 -3.84%
HYPE $88.12 +1.09%
AAVE $179.78 +4.42%
SUI $1.12 -4.17%
XLM $0.2141 -2.20%
ZEC $1,291.97 -3.23%
AAPL $333.43 +0.80%
AMZN $251.24 +0.94%
GOOGL $343.10 +1.05%
MSFT $517.36 +0.38%
META $727.46 +0.17%
NVDA $234.04 +1.04%
TSLA $371.11 +4.38%
SNDK $1,718.69 -3.55%
INTC $119.15 -1.03%
SPCX $158.86 +6.83%
MU $1,070.78 -1.94%
AMD $633.04 +2.44%

knowledge

All
Article
Flash

first_img VanEck Research Director: The Bitcoin community has acknowledged the risks of quantum computing

According to Bitcoin Magazine, Matthew Sigel, the head of digital asset research at asset management company VanEck, stated in an interview with CNBC that quantum computing poses a risk to Bitcoin, but the community has recognized the seriousness of the issue. He pointed out that due to the decentralized nature of the crypto network, progress in addressing this issue may be slow, but the community is advancing related work.Sigel said, "This is a risk, but the community has already recognized the scope of the problem, and a large number of talents have gathered and proposed a framework for upgrading the system." He added, "Upgrades will not happen quickly because no CEO can tell developers 'do it now.' The governance process takes more time, and the process is more complex, but there are technical paths to achieve quantum resistance, and you will see more related progress in the coming years."Currently, quantum computers still have error rate issues and cannot crack Bitcoin's encryption algorithms. Some Bitcoin developers have begun testing quantum-resistant signatures on real-time sidechains. Coinbase plans to build a post-quantum signature pipeline using secure enclaves and threshold cryptography, and the Bitcoin Security Alliance, composed of BlackRock, Fidelity Digital Assets, Block, and others, is also supporting proposals like BIP-360 to reduce long-term quantum computing risks.

Joseph Lubin: Ethereum will not have a "second foundation," nor will it become a completely zero-knowledge proof-based protocol in the next 3-5 years

According to The Block, Consensys CEO Joseph Lubin stated that Ethereum is expected to evolve into a protocol fully based on zero-knowledge proofs (ZK Proof) within the next 3 to 5 years, which will not only optimize the main chain but also enhance Ethereum's compatibility with Layer 2.Joseph Lubin mentioned that he supports the "Rollup-centric roadmap," believing that by strengthening Layer 1, introducing the "Lean Ethereum" initiative, and promoting ZK proofs, the foundational layer of Ethereum can be significantly upgraded. Lean Ethereum aims to achieve over 10,000 transactions per second while maintaining a high level of decentralization on the mainnet, and supports privacy and quantum-resistant solutions.Regarding Layer 2, Joseph Lubin pointed out that ZK technology has already achieved real-time proofs in some L2 networks and plans to extend this capability to Layer 1, ultimately transitioning to a fully ZK foundational protocol supported by multiple provers. For example, projects like the Linea chain developed by Consensys and Gnosis are utilizing zero-knowledge proofs to achieve cross-network synchronized transactions, potentially eliminating the need for bridging and unifying fragmented liquidity.Joseph Lubin emphasized that the initial "differentiation phase" of the Rollup roadmap aims to provide experimental space for Layer 2 technologies. Although it may temporarily disperse liquidity, it lays the groundwork for Ethereum's future limitless scalability and technological iteration. He believes that some L2 technologies will become systemically important components, and this exploratory process is necessary.Additionally, Joseph Lubin responded to rumors regarding recent personnel changes at the Ethereum Foundation (EF) and the "second foundation," stating that there will not be a second foundation. The EF will continue to focus on core protocol development, usability and scalability, as well as institutional collaboration, while supporting at least three independent teams to spin off from the EF, focusing on protocol, user experience, and institutional expansion efforts.

first_img CFTC acknowledges that it should not sue Gemini and jointly requests the court to withdraw the consent order

The U.S. Commodity Futures Trading Commission (CFTC) announced on Tuesday that it has jointly filed a motion with Gemini Trust Company LLC in the U.S. District Court for the Southern District of New York, requesting the dismissal of a previous judgment against Gemini.The case was originally filed in June 2022, and the parties reached a consent order in January 2025. After a comprehensive review, the CFTC concluded that the lawsuit should not have been filed and would not be filed under current enforcement standards.The review identified six major issues: the complaint was primarily based on statements from a whistleblower of questionable credibility; the investigation targeted Gemini as a victim of fraud rather than the alleged fraudster; there were serious doubts about the strength of the evidence against Gemini; relevant supporting materials were concealed and not submitted to the commissioners during the CFTC's vote on the complaint; the litigation team invoked deliberative process privilege to prevent Gemini from obtaining evidence necessary for its defense; and personnel improperly used CFTC regulatory power to create leverage for settlement.The CFTC determined that continuing to enforce the forward-looking provisions of the consent order is neither consistent with its mission nor in the public interest, and that the non-forward-looking provisions of the consent order (such as civil penalties) have been fulfilled. The parties jointly request the court to vacate the remaining forward-looking provisions.
app_icon
ChainCatcher Building the Web3 world with innovations.