As AI-driven funding shortages or slowing growth become more apparent, stock prices may decline, leading to lower returns for data centers, which could naturally prompt a shift of data center capacity toward Bitcoin mining pools.

@Vaulta_

I’ve always been interested in and wanted to work on this project, and I’ve finally attended for the first time. As expected, the content was great, and given the significant opportunities still available in on-chain trading, I expect many more projects to emerge. @hibachi_xyz https://t.co/R52cbb7B6R

Participating in OnChain Night #ONCHAIN_NIGHT #KBW2026 #ORBS #STABLE #INJECTIVE #PEAR_PROTOCOL #STAGRAPH #DELTA_FORESIGHT https://t.co/ScDHSbXf9f

AI Intelligence Layer Verona 2026.09.29 | Verona, rebranded from XION @verona_dev, is driving better change. It has pivoted its business model from XION’s “Chain Abstraction” to becoming an “AI Intelligence Layer” aimed at enabling more meaningful progress. - https://t.co/zxAi8srQ1y Where #XION previously focused on eliminating blockchain complexity to improve usability, #Verona now aims to build a “trust-based infrastructure” that empowers AI agents to autonomously engage in economic activity based on reliable data. Building upon the legacy of the “Burnt Banksy” project—where the original Banksy artwork was burned and turned into an NFT during the XION era—this marks another evolution toward “Proof.” - @BurntBanksy - @verona_korea | XION (Previous) | Verona (Current) Position | Trust-based / Chain Abstraction | AI Intelligence Usability | Removing complexity and onboarding | Reusing verification facts for AI agents Framework | User-friendly L1 chain | Verification infrastructure network and layer Business | Infrastructure-centric development environment | Data trust powered by Truth Engine - https://t.co/OmfwrpqXdM Verona maintains the technical integrity and backward compatibility of the original XION platform, even as it undergoes a brand transformation. The on-chain identity base token #uxion, the daemon binary name #xiond, chain IDs (xion-mainnet-1, xion-testnet-2), and existing validator sets and smart contract addresses remain unchanged and are fully inherited. Existing node operators and developers are seamlessly integrated into Verona’s new AI Intelligence Layer. The core objective of this rebranding stems from enterprise demands for “Verification without Custody”—an infrastructure that can confirm specific facts without holding sensitive source data. By building a “Proof-centric” model using Zero-Knowledge Proofs (ZKPs), Verona directly addresses corporate risks related to data security and regulatory compliance. -------------------- 1. Truth Engine and Gasless Transactions | Verona achieves “Generalized Abstraction” through the integration of the Truth Engine and Meta Account, creating an environment optimized for AI agent activity while removing typical Web3 technical barriers. Through four core modules, the Truth Engine verifies and transforms data from diverse sources without exposing sensitive information: * zkTLS (in collaboration with Reclaim/Opacity): #zkTLS directly proves data from HTTPS web sessions. Users can cryptographically verify bank accounts, platform reputations, social media metrics, and more—without revealing passwords or session details. * zkEmail: #zkEmail leverages email DKIM signatures to prove receipt from specific domains or digital transaction history—enabling identity and transaction verification without exposing email addresses. * zkPassport: #zkPassport enables selective disclosure of specific attributes (e.g., nationality, age) from identity documents like e-passports using NFC signatures. * App Attestations: Extracts encrypted data about in-app states—such as delivery ratings or healthcare metrics—via mobile device Secure Enclaves and authenticated APIs. -- https://t.co/2e6sXnp7Ax Verona’s Meta Account is a smart contract account implemented at the protocol level, resolving the key management risks inherent in traditional EOA (Externally Owned Accounts). * Session Keys: Grant AI agents limited, time-bound permissions—enabling autonomous agent transactions without requiring constant user approval, while safeguarding user assets. * Treasury Contracts: Allow developers to act as gas sponsors for users, eliminating the need for users to hold native tokens for gas fees and delivering Web2-level UX. - https://t.co/ls2GqlKvZ7 While traditional EOA relies on direct user signatures, Verona’s #MetaAccount supports programmable security rules and delegated permissions. This enables AI agents to act solely on verified facts without compromising user privacy—establishing a new security standard essential for the AI era. -------------------- 2. verona:native Token Economy and $USDC Payment Model | Verona has moved away from volatile gas fee-based revenue models and adopted a “SaaS-style Software L1 economic model” tied to enterprise service revenue and AI activity.* $USDC Payment Method: All commercial transactions, including corporate verification fees and advertising expenses, are conducted in $USDC. By providing stablecoin services to enterprise customers, we ensure budget stability. * verona:native Governance and Value: Responsible for network security (PoS) and value accumulation. Programming a permanent burn cycle that uses enterprise $USDC payment revenue and network revenue share to autonomously purchase verona:native tokens on the market. [Supply and Risk Management] * Total Supply: 200 million (verona:native) * Allocation Ratio: Strategic investors (26.81%), ecosystem (23%), team (20%), foundation (15%), community (15.19%), etc. * Unlock Schedule Analysis: A large-scale token unlock of approximately 12.5% (over 25 million tokens) is scheduled for December 2026. Verona expects this to be offset by “revenue-based burning.” Verona anticipates its value will scale proportionally with the volume of trusted data distribution, not gas fee competition. As AI Agent queries increase, verification revenue is generated and directly channeled into the verona:native burn system, expected to form a price support floor. Verona aims to evolve beyond a simple blockchain into a “trust software infrastructure” that generates its own revenue streams. -------------------- 3. Enterprise Verification Market and Global Case Studies (Uber, Nike) | Verona has already established over 150 brand partnerships and verified more than 69 million transactions, creating overwhelming market dominance and proven value. Verona’s core platform, 'ero (EarnOS),' has secured $18.5 million in investment and $30 million in committed ad spend. Users prove everyday activities (e.g., Uber ride history, Nike purchase records) via #zkTLS to earn rewards, while brands execute sophisticated data-driven marketing. [Key Use Case Analysis] * Reputation Asset (Uber/Lyft): Converting drivers’ ride data and ratings into Verona attestations enables users to prove their reputation across platforms and access career opportunities and benefits. * Privacy-Preserving Marketing (Nike/Amazon): Enterprises can verify whether users meet specific conditions—e.g., “spent over $500 in the last three months”—via the #TruthEngine and issue rewards without accessing full purchase histories. In the era of closed data controlled solely by individual corporations, businesses bore the burden of identity verification, massive personal data custody obligations, and associated leakage risks and regulatory costs. Verona’s “selective disclosure” model improves corporate data management burdens by discarding data after verification or returning ownership to users. This presents a significant technological advantage for traditional financial and global retail enterprises. -------------------- 4. Trust Infrastructure for the AI Era | Verona occupies a unique position at the intersection of AI and data trust. Its rebranding—from mere “abstraction” to “verified fact-based data distribution”—is an excellent strategic move, accompanied by timely market alignment. * Successful Rebranding: Successfully transitioned from XION’s underlying technology and data to position itself as an AI intelligence layer. * Proprietary Technology: Builds a gas-free, privacy-preserving environment for AI Agents through Truth Engine and Meta Account. * Revenue-Backed Token Economy: verona:native buyback and burn mechanism driven by enterprise verification revenue. While short-term volatility is anticipated due to the token unlock schedule at the end of 2026, Verona’s potential for growth remains strong, driven by the scale and speed of enterprise adoption. Real revenue is already being generated through the 'ero' platform, positioning Verona as the architect of the “data economy standard” for the AI era. Consider Verona’s vision—“Verify once, Reuse everywhere”—as a path toward building a future digital economy based on accumulated, reusable data rather than ephemeral, fleeting data.

Tokenized Finance Liquidity OS: Canton Network’s Cancore and Zenith — 2026.09.25 | Over the past few years, the digital assets market has moved beyond its early days of purely crypto-focused activity and entered a mature phase, where the focus is now on tokenized finance ecosystems and tangible capital efficiency. Regulatory bodies are rapidly onboarding real-world assets (RWA)—such as government bonds, private equity, and gold—onto-chain, propelling the “Issuance” era beyond mere technological adoption. Yet, ironically, the market is experiencing a paradoxical stagnation. While assets promised explosive growth, a bottleneck persists: capital remains fragmented across chains, isolated and unable to integrate effectively due to lack of interoperability. This demands more than just bridges connecting chains—it requires an “Operating System (OS)” perspective for tokenized finance: one that ensures atomic settlement across multiple chains and orchestrates the movement, execution, and allocation of capital in a seamless, organic manner. Here, we briefly introduce #Cancore and #Zenith as the #LiquidityOS designed to resolve this bottleneck and unify institutional networks with public liquidity. -------------------- 1. Liquidity Bottleneck | The tokenized finance ecosystem has recorded explosive growth, yet signs of hitting its growth ceiling have emerged since 2026. 1.1 Market Stagnation and Liquidity Constraints * Signs of Slowing Growth: As of Q1 2026, the RWA market size—excluding stablecoins—reached $19.3 billion, a 256.7% increase since early 2025. Tokenized U.S. Treasuries alone dominate with $15.92 billion (67.2%). * Indicators of Growth Plateau: However, over the past 30 days, the market cap of tokenized U.S. Treasuries declined by 1.76%, signaling a slowdown in growth. This reflects that issued assets are encountering liquidity constraints in secondary markets, reaching the limits of their utility. 1.2 Chain Fragmentation | Chain fragmentation imposes real costs that undermine capital efficiency for both individuals and institutions. * Price Disparities and Costs: Identical assets exhibit price gaps exceeding 10% across networks, while cross-chain bridge fees often surpass 20%. These barriers represent the primary obstacle preventing traditional financial institutions from adopting on-chain solutions. [Traditional Issuance vs. Current Fragmentation Structure] Analysis Criteria | Early Tokenization Approach | Current Fragmentation (Liquidity Bottleneck) Core Objective | Digital Proof | Cross-Network Liquidity Integration & Settlement Operational Model | Single Institution, Manual Issuance | Isolated Architecture Across Chains Capital Limitation | Delayed Settlement (T+n) | Capital Loss (Price Gap >10%) Settlement Method | Centralized Manual Coordination | Reliance on Trusted Relays System Limitation | Early Technology Adoption Phase | Multi-Chain Trust & Interoperability Constraints Amid this fragmented ecosystem stands Canton Network—the definitive institutional network. -------------------- 2. Canton Network: The “Private Core” of Institutional Finance | @CantonNetwork holds an unrivaled position at the heart of the global on-chain finance market—but faces the critical challenge of overcoming its multi-chain limitations. 2.1 Dominant Institutional Adoption and Ecosystem | #Canton is a “network of networks,” connecting over 700 financial institutions and crypto firms. - https://t.co/DnIoFa8qfP * Infrastructure: Over $6 trillion in RWA has been issued; daily U.S. Treasury repo trading volume exceeds $300 billion. Monthly transaction volume approaches $9 trillion. * Institutional Partnerships: Participation from #GoldmanSachs (GS DAP), #DTCC, and #Euroclear; in January 2026, #JPMorgan’s Kinexys unit integrated JPM Coin; in March 2026, #Visa became the first major global payment processor to join as a “Super Validator.” 2.2 Technical Features and the “Wall of Trust” | Canton adopts the #Daml language to implement a cryptographic protection model known as “Confidential by Default.”This is naturally expected from a regulatory compliance standpoint, but it imposes a limitation: when connecting to external liquidity pools, a trust structure must be added. As a result, numerous assets within Canton face a “barrier of trust” that prevents direct interaction with the rich liquidity available on public chains (e.g., stablecoins). To bridge this fragmented liquidity, #Cancore has emerged not merely as a simple “bridge,” but as a “liquid operating system.” -------------------- 3. Cancore: Paradigm Shift to a Liquidity OS | Cancore @cancore_io defines itself not just as a liquidity layer, but as an automated Liquidity OS encompassing transfer, execution, vesting, and more. 3.1 Systemic Interoperability: An OS-Level Approach | If a liquidity layer acts as a “bank” that aggregates capital within specific pools, the Liquidity OS functions like a central bank—such as the World Bank or BIS—orchestrating atomic settlement across multiple chains. 3.2 Four Core Modules 1) Wallet (Self-Custodial): Supports unified portfolio management across Canton and EVM/SVM networks. 2) Trade (Intelligent Router): Provides integrated quotes across order books and AMM pools, executing intelligent pathfinding to deliver optimal pricing. 3) Strategies (Capital Allocation): Enables transparent management through professional capital deployment options such as Canton liquidity strategies and Stable Reserve (stablecoin safety insurance). 4) Autopilot (AI Agent Automation): AI agents execute automated commands like “buy this coin” via natural language-based MCP (Model Context Protocol). Crucially, the AI agents operate in a non-custodial manner—they prepare trades without ever holding users’ private keys, preserving security. By enabling “Loop Mode,” where assets autonomously exchange via self-custodial settlement linked to external wallets, Cancore fully meets institutional security requirements. #Cancore does not stop at user interfaces; it continues evolving through its underlying settlement engine and the #Zenith protocol. -------------------- 4. Non-Custodial Atomic Settlement and Zenith Virtual Blockchains | Cancore’s OS capabilities are completed through technology developed by the Zenith @ZenithFdn team, spun out from Equilibrium Labs (issuer of EUROe) in Helsinki, Finland. -https://t.co/7DJmCTca1l 4.1 Non-Custodial Atomic Settlement via HTLC | Cancore leverages HTLC (Hash Time-Locked Contracts) without intermediaries or relay networks, guaranteeing an “All-or-Nothing” mechanism: assets are swapped simultaneously, or refunded in full if conditions are unmet—significantly reducing bridge hacking risks. 4.2 Value of Zenith Virtual Blockchains (VBs) | Zenith provides virtual blockchain (VB) technology that enables diverse execution environments—such as EVM and SVM—on top of Canton. * Built on RISC-V and zkVM: Zenith VBs are RISC-V programs running on RISC Zero (R0VM). Solidity developers can participate in the Canton ecosystem using familiar Ethereum tools (Hardhat, MetaMask) without learning Daml. -https://t.co/lv0MnD5onT * Non-Extractive Model: Unlike traditional Ethereum L2s that replace mainnet fees, Zenith VBs enhance Canton’s execution scalability. Each VB transaction generates approximately 1.1 Canton transactions for settlement and state reconciliation, proportionally increasing the utility of $CC tokens. * ZK-proof-Based Settlement: All state changes within VBs are generated via zero-knowledge proofs (ZK-proofs) and verified through the verify() function within Canton’s Daml contracts—fully compliant with institutional regulatory requirements. -------------------- 5. Growth KPIs for Maximizing Asset Efficiency | Cancore and Zenith have outlined an aggressive 24-month growth roadmap beginning with mainnet launch and “Featured App” selection on April 4, 2026. 5.1 Core Growth Metrics (KPIs) * Assets & Trading Volume: Issue over $1 billion in RWA on Canton Virtual Blockchains (VBs), achieving over $15 billion in monthly trading volume. * Network Performance: Sustain stable TPS above 1 transaction per second and secure over $1 billion in TVL. * Institutional Expansion: Onboard pilot VBs from over 20 global financial institutions. 5.2 $CC Token Burn-Issue Balance| VB transaction fees are paid in $CC and are returned to the network value through the Burn-Mint Equilibrium mechanism. * Burn target: Aim to burn approximately 50 million $CC annually within 18 months of mainnet launch, to regulate supply and secure network value. -------------------- 6. Conclusion: The Future of Digital Finance Designed by the Liquidity OS The core value of asset tokenization has shifted from "issuance" to "utility" and "interoperability." Liquidity OS, as introduced by #Cancore and #Zenith, is a unique infrastructure that resolves the technological gap between isolated institutional networks and public liquidity through zero-knowledge proofs (ZKPs) and non-custodial atomic settlement. Zenith’s RISC-V-based virtual blockchain extends Canton’s value and fully aligns with the $CC token economy through a non-extractive model. It sets a new paradigm for capital markets, moving beyond an era where assets were confined to single nations or enterprises, toward a future where all assets are tokenized, traded in real time, and continuously in motion. In this way, Cancore transcends being merely a platform—it will become the foundational operating system supplying liquidity to digital finance.

Ondo’s “Working Capital” – September 23, 2026 | Ondo (@Ondo_Finance) was founded with the mission of integrating institutional-grade assets on-chain to realize a “24/7 real-time financial ecosystem.” Beyond merely digitizing assets, its core objective is to build an environment where capital itself generates returns and operates fluidly—true “working capital.” | Traditional Finance (TradFi) | On-chain Finance (Ondo) ---|---|--- Operations | Business hours only (9:00–16:00, weekdays) | 24/7/365 (real-time) Accessibility | Closed, intermediary-dependent | Global, on-chain access Capital | Passive | Productive collateral Settlement Cycle | T+1 to T+2 | Real-time (near-instant) settlement and redemption Let’s examine Ondo’s three essential pillars: -------------------- 1. The Three Core Pillars of the Ondo Ecosystem | By 2026, Ondo delivers institutional-grade liquidity across more than ten blockchains through three optimized products tailored to asset characteristics and investor needs. 1) $USDY (Yield-Bearing Stablecoin): Combining Stability with Yield * Collateral: Sustainable yield rights backed by U.S. Treasuries and short-term Treasury funds. * Core Value: Stablecoin payment utility with daily yield generation at 3.60% APY (as of 2026). * Target: Global retail and institutional investors seeking safe Treasury yields within their cash allocations, alongside Bond Vigilantes. 2) ethereum:0x1b19c19393e2d034d8ff31ff34c81252fcbbee92 (U.S. Treasury Token): Institutional Ultra-Short-Term Liquidity * Collateral: U.S. short-term Treasury ETFs such as #BlackRock BUIDL (T-bills, Repo). * Core Value: 24/7 real-time minting and redemption with an APY of approximately 3.48%. * Target: Professional investors seeking to enhance capital efficiency by securely managing large-scale capital on-chain. 3) Ondo Stocks (Tokenized Stocks/ETFs): On-Chain Tokenization of Global Blue-Chip Assets * Collateral: Over 450 actual stocks and ETFs, including S&P 500 solana:k18WJUULWheRkSpSquYGdNNmtuE2Vbw1hpuUi92ondo, Nasdaq 100 solana:HrYNm6jTQ71LoFphjVKBTdAE4uja7WsmLG8VxB8ondo, Nvidia solana:gEGtLTPNQ7jcg25zTetkbmF7teoDLcrfTnQfmn2ondo, etc. * Core Value: Trading available 24/7, independent of traditional market hours; assets can be directly utilized as productive collateral. * Target: Active traders seeking to maintain equity exposure while enhancing capital efficiency through on-chain derivatives markets. This represents a model of “productive collateral,” where individual assets are not merely held—but organically interconnected—to generate greater collective value, from retail investors to professional traders, family offices, and private funds. -------------------- 2. Ondo Perps: Extending Inclusion to Illiquid Assets | Traditional financial giants like Goldman Sachs, as prime brokers, enable institutional clients to trade derivatives using their stock portfolios as collateral—without selling the underlying assets. @OndoPerps has fully realized this concept on-chain. Previously, in crypto markets, even if you held stocks, you were forced to sell them and convert into stablecoins like $USDC to use as margin for derivatives trading. With Ondo Perps, you can directly use your holdings—such as solana:k18WJUULWheRkSpSquYGdNNmtuE2Vbw1hpuUi92ondo or solana:HrYNm6jTQ71LoFphjVKBTdAE4uja7WsmLG8VxB8ondo—as margin collateral. [Traditional vs. Ondo Perps] 1) Traditional Crypto Investing (Inefficient) 1. Investor holds physical S&P 500 stocks. 2. To open a position, sells stocks to acquire $USDC (losing out on underlying asset yield). 3. Deposits $USDC as margin—both the stock and margin capital are locked up inefficiency. 2) #OndoPerps Approach (On-chain Prime Brokerage)1. Investors hold solana:k18WJUULWheRkSpSquYGdNNmtuE2Vbw1hpuUi92ondo (tokenized S&P 500 index). 2. Deposit solana:k18WJUULWheRkSpSquYGdNNmtuE2Vbw1hpuUi92ondo directly as collateral without selling underlying stocks. 3. Maintain the exact price sensitivity (Delta) of spot stocks while enabling leverage positions of up to 25x. 4. Result: Simultaneously fulfill the roles of “Delta hedging” and “collateral,” potentially improving capital efficiency by approximately 50%. If such diverse applications from traditional finance are to be leveraged, they must be supported by fast, secure technology. -------------------- 3. Ondo Network: CEX-Level Speed with On-Chain Transparency | Ondo has built its own #OndoNetwork to solve trading execution speed and order book privacy. It is a hybrid infrastructure that combines the high-performance trading of centralized exchanges (CEXs) with the non-custodial nature of DeFi. * TEE (Trusted Execution Environment)-based Execution: The matching engine runs inside hardware enclaves such as Intel SGX or AMD SEV, guaranteeing at the hardware level that operators cannot manipulate execution logic or inspect customer order patterns. * Attester Network: A decentralized network of attestors continuously verifies that the code within the enclave is an approved version. Using threshold cryptography, custody rights are distributed and no single entity can access funds without consensus from a quorum of attestors. Metric | On-Chain DEX | Centralized Exchange (CEX) | Ondo Network Latency | High (block time) | Ultra-low | Ultra-low (CEX-grade) Order Book Exposure | MEV exposure | Operator monopoly | Protected via enclave Asset Custody | Smart contract | Exchange custody | Non-custodial smart contract Verification | On-chain data | Not verifiable | Cryptographically signed audit logs Security is as critical as technology—on-chain hacks cannot be undone in a day or two. -------------------- 4. Ondo Anticipates Every Possible Security Failure | Ondo’s security is grounded in an uncompromising “Security Manifesto.” Notably, during the large-scale hacks of the 2026 DeFi Spring (including Kelp DAO and Drift), Ondo was the only project to maintain uninterrupted service, demonstrating its resilience. Ondo’s Five Core Security Principles: 1) Assume Every Layer Will Fail (Defense in Depth): Build multiple layers of defense assuming any vendor or library may be compromised. 2) Bound the Blast Radius: Even if a single component is breached, enforce loss limits via smart contract-based rate limiting. 3) Operational Security Is Product Security: Treat signing tools and monitoring systems with the same rigor as core product code. 4) Onchain Security Begins Offchain: Thoroughly analyze all off-chain infrastructure and supply chain attack vectors. 5) Paranoia Is a Practice: Security has no end—model worst-case scenarios relentlessly. [Response to 2026 DeFi Spring: #KelpDAO vs. Ondo] In April 2026, Kelp DAO suffered approximately $290 million in losses due to a vulnerability in its DVN (Decentralized Verifier Network) configuration. Hackers compromised an RPC node to disable single-DVN verification. In contrast, Ondo maintained a “Fail Closed” DVN architecture: Ondo’s DVNs issue attestations only when multiple RPC nodes reach unanimous agreement. If even one node is compromised or subjected to a DDoS attack, the system immediately halts and freezes assets—prioritizing safety over continuous operation to ensure complete asset protection. -------------------- 5. Regulatory Compliance and the Future of On-Chain Finance: Ondo and Ondo Perps | Ondo is more than a project—it is building a massive on-chain bridge connecting institutional finance with the on-chain economy. Currently, Ondo actively submits policy feedback to the SEC and CFTC, leading the modernization of finance. Ondo’s Institutional Milestones (Milestone Tracker)* Joining the DTCC Fund/SERV network: Through its subsidiary Oasis Pro Markets, Ondo becomes the first tokenized company to join the DTCC network, which processes 85% of U.S. mutual fund trades. - https://t.co/lC1j9d53e0 - https://t.co/2gtjOVhKZI - https://t.co/Otwtb02LWw * SEC/CFTC Modernization Proposal: Completion of three major policy proposals covering real-time portfolio margining, continuous convergence model, and onshoring of offshore derivatives. - https://t.co/mL744aVh7E * Ondo surpasses $1B TVL: Secures over 60% market share in the on-chain equity market through more than 450 tokenized assets. - https://t.co/CaKltFLY7J * Global Partnerships: Integration with BlackRock’s BUIDL, tokenization of five Franklin Templeton ETFs, and expanded collaboration with Mirae Asset Global Investments (Global X). - https://t.co/cuzoAW0gw4 In this way, Ondo is building a future asset market where capital is not merely static numbers but a living, dynamic force—flowing 24/7 across the globe, generating value in real time. Joining Ondo is not a bad choice if you believe in winning. Ondo’s technology, security, and institutional trust are poised to grow even stronger.

Quip Network for Next-Generation Quantum Computing Security | Quantum computing stands as a disruptive force and a looming threat to today’s cryptographic foundations, promising to redefine the computational gap between past and future IT. Here, we examine how #PostquantLabs’ Quip Network @quipnetwork is building a decentralized quantum computing marketplace and developing a quantum-resistant architecture to safeguard existing crypto assets. -------------------- 1. Cryptographic Quantum Threats to Bitcoin and Ethereum | Over the past decade, Bitcoin and Ethereum have consistently faced existential threats from the potential emergence of quantum computers—a risk that has intensified following the explosive advancements in AI over the last three years. According to the “Quantum Doom Clock,” there is an estimated 10% probability that quantum computers capable of undermining current cryptographic systems will emerge and pose a direct threat to our digital lives by March 2028. This is not mere speculation; it represents a tangible, accumulating risk requiring response from specialized institutions and national-level security experts. - https://t.co/A5hKfM1RoS [Traditional Blockchain (BTC/ETH) vs. Quantum Computing Correlation] Analysis | Blockchain (BTC/ETH) | Quantum Computing (Shor/Grover) Algorithm | Elliptic Curve Cryptography (ECDSA) | Shor’s Algorithm for public key reversal Signature | ECDSA (Elliptic Curve) | Must transition to hash-based signatures Mathematical Basis | Discrete Logarithm Problem | One-way Functions Attack Scenario | P2PK and address theft | Hash collision attacks via Grover’s algorithm Impact | Billions of dollars in potential theft | Complete overhaul and rebuilding of existing security standards Thus, quantum computing does not represent a conventional security threat—it demands a higher-order computational paradigm. A breach in any single layer renders all underlying layers significantly more vulnerable. Quip Network addresses this threat through a dual-structure design: an Asset Layer and a Compute Layer. -------------------- 2. Quantum-Resistant Architecture Based on WOTS+ | Traditional blockchains have historically been forced to execute hard forks to protect assets when their mainnets become vulnerable—a process that incurs massive costs and delays in business continuity. #QuipNetwork offers a non-custodial solution that upgrades security levels without requiring asset migration, by constructing a “quantum-resistant wrapper” atop existing infrastructure. [Imperative of Hash-Based Cryptography] | Quip adopts the “Winternitz One-Time Signature Plus (WOTS+)” and SHRINCS-style architecture (proposed by Blockstream for Bitcoin’s quantum-resistant signature scheme). * Security: Shor’s Algorithm efficiently solves the elliptic curve discrete logarithm problem, but hash-based signatures rely solely on collision resistance of hash functions. Even under quantum computing, Grover’s Algorithm only reduces security strength by half—without fundamentally breaking it. * State Management: From a security architecture perspective, WOTS+ is a one-time signature scheme requiring a sophisticated state management system to prevent key reuse. Quip automates this at the protocol level to eliminate security vulnerabilities at their source. Category | Shor’s Algorithm | Grover’s Algorithm Purpose | Integer factorization / discrete logarithm computation | Database search / cryptographic hash key discovery Technology | Quantum Fourier Transform (QFT) | Amplitude Amplification Speed Improvement | Exponential: O(2^n) → O(n³) | Square root: O(N) → O(√N) Risk | Renders RSA, ECC public-key cryptography obsolete | Halves effective key length of symmetric encryption (e.g., AES) - https://t.co/1Fa2sCgRPs [Quip Account: Multi-Chain Non-Custodial Protection Architecture] | #QuipAccount protects assets across Ethereum (EVM), Solana (SVM), and Bitcoin L2 environments via Arch Network @Arch. 1) Firewall Contract: Encapsulates existing transaction workflows within quantum-resistant smart contracts to block external attacks. 2) Dual-Signature Verification: Combines users’ original keys with Quip’s quantum-resistant multisignature (cosignature), ensuring assets cannot be withdrawn even if an attacker compromises the original key using quantum computing.3. Maintain Non-custodial Control: Users retain full control over their assets and can continue using their existing wallets (e.g., MetaMask, Ledger). -------------------- 3. QuipSwap: Bridgeless Atomic Swaps and Cross-Chain Security | In 2026, a $292 million DeFi bridge hack occurred (Kelp DAO’s rsETH bridge and LayerZero), once again demonstrating the vulnerabilities inherent in centralized custodians and wrapped assets. QuipSwap proposes a completely bridgeless protocol that eliminates these “trust points.” - https://t.co/fGtS5R7sui - https://t.co/2i3ni0hCj5 [Trustless P2P Exchange] | QuipSwap operates using a synchronized claim mechanism without oracles or intermediary custodians. * Synchronized Claim Exchange: As soon as one party claims their asset, the counterparty immediately gains access to their claim key. “Colton Dillion, CEO @cadillion” defines this as a “No take-backs” mechanism—directly exchanging wallet access rights without any intermediate intervention. * Security Impact: “Dr. Richard Carback, CTO @rcarback” emphasizes that “all transfer paths must be quantum-resistant P2P pathways to prevent quantum-powered miners from attacking the cryptographic system.” This reduces bridge hacking risk to zero (0). -------------------- 4. Compute Layer: QPoW and Quantum Proof of Work | While traditional PoW has been criticized for energy waste, Quip Network introduces Useful Proof of Work (PoUW)—solving real-world industrial problems. [QPoW and QVRF Mechanisms] | Quip leverages D-Wave Advantage2 Quantum Annealing (over 4,400 qubits in Zephyr topology) to simultaneously achieve network security and economic value creation. - D-Wave Advantage2: https://t.co/XkBkzhEpCq * Ising Model Optimization: Miners solve complex optimization problems formulated as Ising models instead of performing hash computations. This achieves approximately 300x greater energy efficiency than traditional PoW and generates tangible business value. * QVRF (Quantum Verifiable Random Function): Quip provides “verified randomness” through a secondary subnet, based on physical quantum measurements—not mere mathematical formulas—delivering certified randomness for applications requiring tamper-proof randomness, such as gaming and finance. [Real-World Use Cases Based on Ising Models] * Finance: Portfolio optimization, volatility forecasting, and scam detection. * Logistics/Manufacturing: Route optimization, advanced inventory management. * AI Training: Quantum hyperparameter optimization to accelerate model performance. -------------------- 5. Node Architecture | To maintain a high-performance computing network, Quip Network supports diverse hardware node participation. Node operators can efficiently execute computations by partitioning data into smaller graphs, compatible with limited chip architectures through a universal execution environment. [Hardware Specifications] Device Type | Role | Minimum Requirements CPU | Verification & Node Operation | 2 Cores, 4GB RAM, Ubuntu 22.04+ GPU | Auxiliary Optimization Computation | High availability | VRAM resources ASIC | Specific Optimization Algorithms | Dedicated hardware integration QPU | Core Quantum Annealing Processing | External integration (e.g., D-Wave Advantage2) -------------------- 6. Quip Network Testnet Mining Incentives | Although Quip Network originally targeted mainnet launch in Q2 2026, the launch has been delayed and is now being calibrated based on demonstrable real-world demand and supply. The testnet incentive program continues to operate. [Incentive Structure & Rewards] * $QUIP Token: Used for computation fees and node operation rewards. * Quantum Badge: Awarded to early contributors; redeemable as points in future airdrop systems. * Testnet Mining: Earn $QUIP tokens and points by allocating CPU/GPU/QPU resources to solve optimization problems. -------------------- 7. The Standard for Quantum Computing: Quip Network | Developed by Postquant Labs, Quip Network aims to become the standard for quantum computing.Rather than waiting for the “Doomsday” scenario in which quantum computers collapse cryptography, proactively adopting Quip’s firewall contract for a “Quantum Readiness Audit” offers a strong alternative: building a comprehensive security firewall for the entire crypto ecosystem. In this way, the convergence of quantum technology and blockchain is inevitable. While one project may claim the need for quantum resistance, raising awareness of initiatives like Quip Network—designed to achieve the next level of computational power and asset security—will establish them as one of the new trust infrastructures of the quantum era. As we look forward to how we’ll reflect on 2028, we wish you a joyful Chuseok holiday!

Coconut (@conut_gazua) of this year and the future of Coconut RWA — September 16, 2026 Over the past few years, independent and self-sustaining Web3 projects in Korea have effectively gone extinct. While there are many reasons for this, most appear to have been short-term, moth-like projects or business models bordering on Ponzi schemes. Unrestricted coin issuance has also played a role. Coconut has steadily progressed—from around 2023 to today in 2026 and beyond—taking small but consistent steps. Looking back on the past three years, it was certainly not an easy path. I attended the recent Seoul meetup on the 12th, driven by affection, admiration, and support. Coconut has grown alongside both domestic Web2 and Web3 companies, creating synergies throughout its journey. As we look beyond 2026, I’d like to share some brief reflections based on what I observed at the event. Over the past three years, Coconut has steadily hit milestones—from its newsletter to #CoQuiz and Coconut NFTs. The meetup was filled with around 100 attendees and featured practical, stylish merchandise: insulated bags, heat packs, and tumblers branded with “Coconut.” In 2026, Coconut confidently revealed its metrics: 50,000 CoQuiz downloads, 5,000 MAU, and 1,500 DAU—placing it among projects with high daily engagement. Although its user base remains modest, it has distributed over 700 million KRW in cumulative rewards and demonstrates potential for a 1 billion KRW valuation—pursuing a long-term vision far more sustainable than many other projects. On-chain Key Performance Indicators (as of September 13, 2026): | Category | Detailed Metrics | Notes | |------------------|--------------------------------------|-----------------------------------------| | Transactions | 18,273 total | 15,963 payments / 1,027 Coconut Shop / 1,283 staking | | Community | 3,158 members | Cumulative holders (focused on active users) | | Cumulative Burn | ~9.04 million tokens | Supply control and maximized scarcity | | Coconut Token | ~7,500% increase | All-time high of 38 KRW vs. listing price of 0.5 KRW | Recently, Coconut burned 9.04 million tokens to steadily reduce supply and guide the ecosystem toward sustainability. The Coconut token operates under an “Ultra Sound CONUT” mechanism: “Payment → Fee Burn → Liquidity Reduction,” building multiple deflationary structures. Moreover, alongside the token issuance, Coconut’s tokenomics have been designed with clarity—maintaining high trust among early participants. While there are certainly areas for improvement, the most notable concern is the elevated barrier to entry for new users. Since its inception, Coconut has covered every aspect of crypto—from its past to the present—through its newsletter. Grounded in a Quiz-to-Earn (Q2E) model, it has built and operated a self-sustaining platform where anyone can earn rewards by answering quizzes. Additionally, starting last year, Coconut has been preparing to launch Coconut Shop—a utility-based marketplace using the Coconut token—and is preparing to roll out its own RWA platform (currently in development as an independent app platform). Since last year, Coconut has been developing an RWA platform with Uzbekistan to facilitate more active trading of low-liquidity assets through a digital marketplace. Personally, I sensed the lingering weight of failed government policies from 15 years ago—but considering Uzbekistan’s internal potential, I hope Coconut can move faster toward transparent and sustainable milestones. At the very least, I hope Coconut continues to be a project that is realistic, achievable, honest, and trustworthy—not grandiose or fantastical like so many others. My personal hope is that growth comes not through aggressive advertising targeting new users, but organically—through word-of-mouth and community-driven expansion. Coconut surely understands what the CEO of a recent partner project said: only companies that generate their own revenue will truly harvest the fruits of Web3. “Beyond impossibility—to the future.” Even if progress is delayed, I hope Coconut’s RWA platform takes root firmly and grows alongside its community. Thank you. Writing this after so long, my thoughts may be unstructured—but with KBW approaching in September, things are starting to get busy :)

Hybrid Exchange Hibachi — August 23, 2026 | For over a year, market interest both domestically and internationally has consistently trended toward the bottom. Amid this backdrop, Circle—the issuer of USDC and the second-largest stablecoin by trading volume—has recently launched its Arc blockchain. Building upon this new Arc L1 blockchain, Hibachi, a stablecoin-focused foreign exchange (FX) exchange, has emerged. @hibachi_xyz targets the foreign exchange market by supporting perpetual futures, asset verification, and trade settlement through an off-chain Central Limit Order Book (CLOB) system combined with a zero-knowledge (ZK) verification mechanism, ensuring an institutional-grade trading ecosystem. While the emergence of stablecoins built on crypto blockchains has continuously expanded their use cases, the most definitive application remains their utility as settlement currencies. Below is a brief summary of how Hibachi may function as a settlement currency. ++ The term “Hibachi” originates from Japanese, traditionally meaning a brazier or heating device; however, in North America, it broadly refers to the theatrical style of teppanyaki cooking featuring dramatic flames. Unlike its original heating connotation, in North America, “Hibachi” encompasses the entire teppanyaki cooking method—an ancient Japanese term. A weaker dollar and reduced intervention by the U.S. Treasury could provide tailwinds for commodities and high-risk assets like crypto. If repeated weak rallies culminate in explosive upside driven by the Treasury’s stable control, the market may deliver strong returns. .................... 1. Decentralized Derivatives (Perp DEX) Market and Hibachi | Globally, on-chain derivatives markets have rapidly evolved from experimental projects into critical infrastructure capable of absorbing institutional finance. As of 2025, perpetual DEX trading volume reached approximately $6.7 trillion (a 346% YoY increase), while DEX’s share of total trading volume surpassed CEXs at 11.7%, setting a new all-time high. Within this macro environment, Hibachi introduces a third financial architecture that simultaneously addresses the opacity of CEXs and the limitations of traditional DEXs. (Of course, many may argue it is not substantially different from other Perp DEXs—the significance lies in the Arc chain.) Hibachi can be understood as replacing trust in traditional financial ecosystems with cryptographic guarantees. It transitions from CEXs’ opaque asset custody models to a non-custodial structure, while bridging the privacy gaps of DEXs through zero-knowledge proof mechanisms to establish an ecosystem offering “verifiable privacy”—a requirement demanded by institutional investors. -------------------- 2. Integration of Zero-Knowledge Proofs and Celestia’s Modular Infrastructure | Hibachi’s architecture adopts a modular stack designed to combine off-chain high-performance execution with on-chain integrity. * ZK-Proof & Risc Zero / #Succinct: Hibachi leverages ZK proofs from #RiscZero and #SuccinctLabs for off-chain trade matching. Generated proofs are published on-chain via the Boundless infrastructure, enabling validation of trade legitimacy without exposing sensitive trading strategies. * Celestia Data Availability (DA): To handle massive trade data volumes, Hibachi utilizes #Celestia as its DA layer. This dramatically reduces on-chain recording costs while maintaining scalability, ensuring consistent performance even in high-frequency trading (HFT) environments. * Hashflow ExchangeOS & Low-Latency: Hibachi implements a Central Limit Order Book (CLOB) based on #Hashflow’s ExchangeOS architecture, delivering low-latency matching at approximately 6ms—matching CEX-level experience and offering reliable performance for professional quantitative traders. * Linum Labs Data Pipeline: Technology partner #LinumLabs has built an institutional-grade ETL automation data pipeline using #Python, #Airflow, and Spark. It processes millions of on-chain and off-chain events in real time, enhancing data precision for leaderboards and business intelligence (BI) analytics dashboards. | Metric | CEX | DEX (AMM) | Hibachi (ZK-CLOB) | Matching Speed | 1–5 ms | Seconds (sec) | 6 ms (Institutional-grade) | Custody Model | Centralized | Individual Wallet | Smart Contract (Non-custodial) | Transparency | Internal DB | Fully Public | Verifiability via ZK ProofsAsset Liquidity | High | Low (Slippage Occurs) | High (CLOB-Based Optimization) Data Privacy | Platform-Centric | On-Chain Exposure | Protected via ZK Technology -------------------- 3. Circle Arc-Based FX Market | Hibachi goes beyond simple cryptocurrency futures trading, targeting the on-chain settlement segment of the $7.5 trillion global foreign exchange (FX) market. * Participation in the Circle Arc Network and Builders Fund: Hibachi is built on Arc, Circle’s Layer 1. By participating in the Arc Builders Fund, Hibachi collaborates with the Circle ecosystem, providing infrastructure optimized for real-time FX settlement and hedging through Arc’s sub-second finality and stablecoin fee environment. * Transparency in Price Discovery: Co-founder Chip Dempsey stated, “Existing FX participants had no access to a consolidated order book and were forced to accept bank-obscured prices.” Hibachi offers institutional investors transparent, bank-independent pricing through CLOB-based FX trading and an efficient stablecoin conversion environment. * Institutional-Grade KYC/AML Framework: Hibachi has resolved legal barriers to institutional adoption by building infrastructure that technically complies with Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements while protecting on-chain personal data via zero-knowledge technology. -------------------- 4. $5 Million in Capital and Expert Talent | Hibachi is backed by Tier 1 VC capital and staffed by experts from global finance and big tech. * Investment Lineup and Performance: Hibachi has secured a $5 million seed round from investors including #DragonflyCapital, #ElectricCapital, and Echo. Notably, #circle_ventures’ investment underscores a strategic shift from simple AMMs toward a high-end infrastructure focused on “privacy and performance,” offering diverse options. During its beta testing phase, Hibachi achieved $6.7 billion in trading volume, demonstrating capital efficiency. * Finance and Big Tech Talent: The Hibachi engineering team includes top-tier quant traders from Citadel, Tower Research, and IMC, alongside systems architects from Meta, Google, and Amazon. This is not merely a DeFi protocol—it is a technically robust team capable of building genuine institutional-grade financial infrastructure. -------------------- 5. Reward System and Risk Management: Privacy-First Security | Hibachi operates a reward and security system to drive user engagement and ensure platform stability. * Gamification Strategy: Hibachi employs an 11-tier reward system—including the “Flame Roll Lottery,” which offers weekly prize pools of $1K–$25K, and “Inferno,” which provides 10x rewards to users who achieve over $1 million in trading volume—to enhance trading retention. * Security Audits and Bug Bounties: Hibachi completed a security audit by Halborn in August 2024 and operates a bug bounty program via Immunefi, offering up to $40,000 in rewards to continuously monitor platform integrity. * Strategic Risk Mitigation: The transparency inherent in traditional DEXs exposes users to risks such as front-running and liquidation hunting. Hibachi’s privacy-first (ZK) approach conceals positions and liquidation prices, fundamentally preventing institutional traders’ alpha from being exploited by external attacks. Docs - https://t.co/dItdqdjoL6 -------------------- 6. Roadmap: RWA Integration and Expansion into a HIP-3-Based Financial Hub | Hibachi is preparing to evolve beyond a conventional exchange into a core on-chain financial infrastructure. * Multi-Asset and RWA Integration: Through upcoming strategy vaults and a lending market, Hibachi will expand capital efficiency. It is actively developing a real-world asset (RWA) exchange that will enable on-chain trading of not only crypto but also crude oil, gold, silver, the S&P 500 index, and even pre-IPO shares of companies like SpaceX and Anthropic. * HIP-3 (Hibachi Improvement Proposal-3) Model: The permissionless HIP-3 model enables anyone to provide liquidity. This transforms Hibachi from an asset-specific exchange into a global asset hub where all valuable assets can be liquidated. -------------------- 7. The Future of Decentralized Finance Powered by ZKHibachi achieves coexistence of performance and privacy through ZK zero-knowledge technology and modular DA (Celestia). Additionally, through its strategic partnership with Circle Arc, it signals the emergence of an innovative infrastructure for institutional foreign exchange markets. On-chain privacy is no longer optional—it is a prerequisite for institutional entry. Hibachi aims to lead this emerging market standard, and with strong VC backing and a proven team, it is poised to become a key driver of the next wave of on-chain finance. Hibachi, built on transparency, efficiency, and privacy, is expected to secure a competitive advantage in the future decentralized finance market. To introduce the financial paradigm Hibachi is unveiling, a meetup will be held in New York, connecting with Korea on September 1. Meetup - https://t.co/NpdblhKxWF -------------------- The most critical point here is the explanation of the stablecoin FX system provided by Varun Kumar, co-founder and CEO of Hibachi. Historically, from the perspective of seeking returns while avoiding both worst-case and best-case events—using Bitcoin, USD plus stablecoins, gold and silver commodities, and bonds alone—the need for intermediaries in foreign exchange trading would vanish. Consequently, the necessity of central banks, major banks, and especially foreign exchange banks would also disappear. Currently, Hibachi supports FX derivative trading for AUD/USD, GBP/USD, EUR/USD, NZD/USD, XAU/USD, JPY/USD, as well as major crypto trading. It is worth reviewing. Reflecting on past documentaries of forex traders handling hundreds of billions in transactions, one might anticipate this model extending seamlessly from nations and corporations down to individuals. If you cannot win against it, joining may not be a bad choice. Thank you.