中本聪 · 1811

18 years ago today, Satoshi Nakamoto registered the bitcoin.org domain

Comparatively, 18 years ago today, Bitcoin founder Satoshi Nakamoto registered the bitcoin.org domain name. The domain then became an important platform for Bitcoin's early information release and community collaboration. Satoshi completed bitcoin.org registration in 2008; in October of the same year, he published a Bitcoin white paper through a channel related to this channel, and unearthed the Genesis block in January 2009 to launch the Bitcoin network. Bitcoin.org has long carried Bitcoin protocol instructions, client download guidelines, and basic education content, and is one of Bitcoin's iconic online assets in the process from concept to global adoption.

4d ago

Vaulted CEO: Quantum Computing May End Bitcoin in the Next 4 Years

Comparing news, according to Forbes, David McAlvany, CEO of the gold investment app Vaulted, said he believes Bitcoin may disappear within the next 4 years due to quantum computation. He said that once quantum computers can quickly solve the mathematical problem of protecting Bitcoin's private keys, it will be the end of Bitcoin. However, McAlvany later admitted that she was unsure whether the relevant breakthrough would occur in 4, 5, or 2 months. As of mid-2026, there are no quantum computers capable of cracking Bitcoin's cryptographic algorithms. Its views are mainly based on concerns about the future development speed of quantum computing, rather than security incidents that have already occurred. Galaxy Digital estimates that about 7 million BTC addresses have revealed public keys on the chain, worth about 470 billion dollars; Glassnode estimates 6.04 million pieces, accounting for 30.2% of the Bitcoin supply. Public key disclosure is not equivalent to assets being stolen. Only when quantum computers can reverse release private keys based on public keys can these addresses face actual risk of theft. McAlvany also compared Bitcoin to gold and questioned whether Bitcoin could last for 5,000 years. He said that he is relatively sure that gold will still exist then, but Bitcoin may or may not exist. Bitcoin developers are currently divided over the solution. BIP-360 proposes adding quantum-resistant address types; BIP-361 plans to phase out support for old-style signatures, and assets that have not been migrated in time may be permanently frozen, including Bitcoin believed to belong to Satoshi Nakamoto. Proponents believe that freezing assets is better than letting quantum attackers steal and sell them, while critics see it as confiscation. Companies such as BOLTS Technologies and American Fortress are also developing cross-chain anti-quantum solutions. American Fortress closed a $8 million seed round in May and claimed that its technology can protect assets without requiring users to migrate their addresses, but the relevant technical papers have not been published, and the design has not been publicly audited.

20d ago
When decentralized organizations have legal status, will DUNA be the next corporate system?

When decentralized organizations have legal status, will DUNA be the next corporate system?

Author: a16z Crypto Compilation: Shenchao TechFlow Original title: a16z: From company to DAO, DUNA or becoming the next generation of organizational forms Shenshao Guide: From Marco Polo's family trade to the Dutch East India Company, the essence of every commercial revolution is “how to get strangers to cooperate”. a16z's article combs through the 500-year history of organizational evolution and points out the legal dilemmas DAOs face — not a technical issue, but an institutional vacuum. For practitioners who are thinking about how Web3 projects operate within a compliance framework, this is a background article worth reading carefully. Over the centuries, the core challenge of business has remained the same: how do people with different roles, asymmetric information, and different interests collaborate for a common goal? The answer is almost always some kind of organizational innovation — a new structure that distributes risk, rewards, and responsibilities in a way that previous generations couldn't. Business history is also a history of collaboration. The corporate system is the latest great organizational leap forward. It was created for the industrial age to specifically solve (and utilize) the collaboration problems of that era. But software and native Internet protocols are cutting back on the once-inevitable expenses of traditional enterprises — multiple layers of centralized management, bloated bureaucracy, and intermediation. The current legal structure was not designed for this new world. Currently, the only one that is becoming a strong contender for the next organizational leap forward is DUNA — a relatively new entity and the only legal entity that is clearly recognized in the once-in-a-generation market structure legislation currently being promoted by the US Congress. It's arguably the only structure actually built for Internet-native organizations. To understand why new forms of organization are emerging today, it is necessary to first think back to what problems the corporate system actually solved — and where we are headed. How do merchants manage risk Before companies appeared, business was a private matter: imagine Marco Polo trading long distance with his father and uncle. With this kind of family business, they really risked their lives. If a contract goes wrong, personal property may be completely erased — or even lives not protected. A merchant's adventure mainly relies on two types of protection, but neither is guaranteed. The first type is geopolitics: the relative peace brought about by the Mongolian Empire's “Mongol rule”. If you offend someone Mongolian likes, then you're in trouble. The second type is social: if you deceive someone, break a contract and lose trust, and violate the “Merchant Law” (Lex Mercatoria, a self-enforced code of honor for merchants, circa 1100—1600 AD), your reputation will be ruined, and you will be blacklisted in trade circles from Quanzhou to Timbuktu. In the absence of a strong system, a word from a merchant is really worth more than gold. The Polo family is pretty relaxed because they are related by blood. Many other business partnerships haven't worked out that well. In the absence of a strong system, a word from a merchant is really worth more than gold. One of the major problems that businesses have faced for a long time is the tension between clients and agents; here, it is the relationship between investors and merchants. The medieval “commenda” (commenda) was an innovation that provided limited liability protection: investors only bear losses within their contribution amount, and merchants theoretically did the same. The partners distribute profits in proportion to the initial investment. Commenta was formed spontaneously and predates any formal regulations. However, every business still needs only a little bit of turbulence and may collapse. Nor can this model be scaled up: Kang Mengda disbanded at the end of a voyage, went bankrupt, or died. Further innovation is the Florentine “compagnia” (compagnia) — think Medici Bank. This form is a more enduring and operationally complex legal entity than Commodore. The company can maintain long-term commercial relationships with multiple parties, but it is still based on the individual responsibilities of all partners. It was the most advanced pre-corporate tool in medieval history — the peak of medieval partnerships — yet it still exposed partners to risk. Churches and universities have long enjoyed legal personality derived from the Roman concept of “universitas” (treating groups as a single legal entity), yet commercial enterprises have always lacked a completely independent legal identity. These flaws were not addressed until the 17th century, when early modern Europe invented something new. This innovation and its legal protections make it easier for companies to raise capital, distribute ownership through stock offerings, and protect owners from liability — that's the company. This...

22d agoburnking#AWS #Reddit #US stocks
[Comparative Daily News Picks] AMD: The artificial intelligence accelerator market will reach 1.4 trillion US dollars in 2030; Anthropic plans to require all employees to sell shares through a pre-planned transaction plan after the IPO; Tesla's stock price plummeted by more than 14% after the results. Wall Street said AI investment dragged down profits and cash flow; the US imposes 10%-12.5% tariffs on 60 economies

[Comparative Daily News Picks] AMD: The artificial intelligence accelerator market will reach 1.4 trillion US dollars in 2030; Anthropic plans to require all employees to sell shares through a pre-planned transaction plan after the IPO; Tesla's stock price plummeted by more than 14% after the results. Wall Street said AI investment dragged down profits and cash flow; the US imposes 10%-12.5% tariffs on 60 economies

Daily AI · Cryptography · Macro · Market Highlights, Bitpush helps you set priorities ↓ AI · News [AMD: Artificial intelligence accelerator market will reach 1.4 trillion US dollars in 2030]. Comparing news, AMD CEO Su Zifeng said that the AI accelerator market is expected to reach 1.4 trillion US dollars by 2030. Artificial intelligence accelerators are specialized hardware designed for AI computation (such as matrix operations in deep learning), and can handle massive parallel tasks with far greater efficiency and energy efficiency than traditional CPUs. Mainstream types include Nvidia GPUs and ASICs customized by vendors such as Broadcom, which are the core computing power bases that drive large model training and inference. [Anthropic plans to require all employees to sell shares through a pre-set trading plan after the IPO] Comparing news, artificial intelligence giant Anthropic is considering adopting a rare arrangement after listing, requiring ordinary employees to sell their shares through a pre-set trading plan to avoid violating regulations related to insider trading. The report said that the arrangement will use a 10b5-1 trading plan, which sets the time and quantity of shares to be sold in advance and implemented according to the established plan. Normally, this type of program mainly applies to company executives, directors, and some financial and legal personnel. If Anthropic is finally implemented, it will be extended to ordinary employees, which is a rare practice. [AI chip startup Etched completed Series C financing of 300 million US dollars, and the valuation rose to 10.3 billion US dollars] In comparison, AI chip startup Etched announced the completion of Series C financing of 300 million US dollars, and the company's valuation reached 10.3 billion US dollars. This round of financing was led by Sequoia Capital (Sequoia), and institutions such as Andreessen Horowitz (a16z), SK Hynix, Jane Street, and Diffusion Capital participated in the investment. Etched was founded in 2022 by three Harvard dropouts after the company was valued at around $5 billion when it completed a $500 million financing in December 2025, doubling its valuation in just about 7 months. Etched said that the company focuses on building special chip systems for AI model inference. It has recently completed mass production of self-developed chips and has begun testing the first batch of complete systems by customers, and has received orders of about 1 billion US dollars. [Wall Street Journal: Stripe Is Negotiating to Acquire AI Model Aggregation Platform OpenRouter] In comparison, the Wall Street Journal reports: According to the source, Stripe is in talks to acquire the AI model aggregation platform OpenRouter. In the crypto market [Tesla's stock price plummeted by more than 14% after the results, Wall Street said AI investment dragged down profits and cash flow], Tesla's stock price closed down sharply by 14.52%, rebounded slightly by 1.16% after the market, and is now reported at $323.4. Tesla previously announced second-quarter results. Although revenue and car deliveries reached record highs, declining profit margins, negative free cash flow, and a sharp increase in capital expenditure raised market concerns. Many Wall Street agencies believe that Tesla is entering the stage of large-scale investment in artificial intelligence (AI) and robotics business, and short-term profits are under pressure, but Robotaxi and Optimus humanoid robots are still the core factors that determine the company's long-term valuation. [Hyperliquid's weekly RWA transaction volume exceeds crypto transactions, HIP-3 RWA transaction volume reaches 26 billion US dollars] In comparison, ARK Invest research director Lorenzo Valente wrote on the X platform that DeFi is entering a new era. For the first time, Hyperliquid has achieved RWA trading volume exceeding crypto transactions in a single week, and RWA accounts for 54% of the total trading volume. Since June, the trading volume of individual stocks on HIP-3 has surpassed indices and commodities. Currently, individual stocks account for 61% of all RWA trading volume. The total trading volume of DEX perpetual contracts last week was $79 billion, and Hyperliquid was $50 billion, of which $26 billion came from HIP-3 RWA transactions. Hyperliquid's RWA market is already larger than all other DEXs combined in terms of crypto perpetual contract trading volume. [Arthur Hayes says goodbye to BitMEX: Will...

29d agoWendy#Compare Daily Picks

Arthur Hayes says goodbye to BitMEX: will responsibly shut down the platform in his own way and follow Satoshi Nakamoto for life

On Twitter, BitMEX co-founder Arthur Hayes said goodbye to the platform, thanking the partners, all BitMEX employees, and all customers. “It's been a wonderful journey, we've created a special career together, and I'm proud of what we've achieved.” Hayes said that BitMEX will complete the platform shutdown in its own way and responsibly. At the same time, he reiterated his long-held cryptographic philosophy, calling it “against traditional finance, against banking,” and concluded with “Satoshi for life (following Satoshi Nakamoto for life)”.

30d ago#Shut down the tide topic

Arthur Hayes' BitMEX Closing Remarks: Fuck Traditional Finance, Fuck Banks, Satoshi Nakamoto Forever!

Comparing the news, Arthur Hayes came to an end for BitMEX's impending shutdown: Thanks to my partners, BitMEX employees, and most importantly — our customers. It was an amazing trip. We did something special together. I'm incredibly proud of everything we've created, and proud that we were able to close responsibly in our own way. Fuck traditional finance (TradFi), damn banks, Satoshi Nakamoto lives on!

30d ago

Galaxy research director, Bitcoin Policy Research Institute officially intervened in the Bitcoin abandonment case to push the court to dismiss all lawsuits

Comparing news, Galaxy Research Director Alex Thorn revealed in an article on the X platform that the abandoned Bitcoin case involving “Noah Doe” trying to obtain ownership of Satoshi Nakamoto's Bitcoin through legal procedures has ushered in significant progress. The Bitcoin Policy Research Institute (BPI) has officially applied to intervene as a defendant in this case and seek to push the court to dismiss all lawsuits. According to reports, BPI, represented by law firm White & Case, not only applied to intervene in the case, but also submitted proposed defense documents, 15 positive arguments, and plans to file a motion to withdraw the lawsuit. Alex Thorn revealed that BPI claims it is eligible to intervene because the agency has long self-hosted part of the Bitcoin reserves it plans to hold indefinitely, and the plaintiff's assertion that “long-term non-use constitutes abandonment” may just include similar assets in the scope of future lawsuits. If the legal logic of this case is finally upheld by the court, the future may become a precedent for depriving long-term self-custodian users of ownership of their assets, so this lawsuit not only concerns Satoshi Nakamoto-related assets, but also the legal foundation of the entire Bitcoin self-custody ecosystem.

42d ago

Bitcoin address changes after being dormant for nearly 15 years, involved in New York's dormant Bitcoin ownership lawsuit

Comparing the news, a Bitcoin address that has been dormant for nearly 15 years recently made a transfer for the first time. It transferred out 30 BTC, worth about $1.88 million at current prices. According to Galaxy Research's on-chain data, address 1KV47 has not transferred funds since receiving 30 BTC in August 2011, until last Saturday local time for the first time. This address is one of 39,069 dormant Bitcoin addresses involved in a lawsuit in New York. Plaintiff Noah Doe and two companies registered in Wyoming sought to claim ownership of bitcoins in these long-inactive addresses under the New York State Lost Property Law. Sani, founder of the analytics platform Timechain Index, said that this batch of addresses held a total of about 3.7 million BTC worth about $234 billion, including addresses widely believed to belong to Satoshi Nakamoto. Alex Thorn, head of research at Galaxy Digital, said that the activity of dormant addresses related to the lawsuit has increased markedly recently. A total of 31 addresses transferred 17,527 BTC in June, while only 5 addresses transferred 4,834 BTC in February this year. However, the legal community generally believes that the basis for this lawsuit is weak. Last Friday local time, John Doe 33, a defendant claiming to control one of the addresses, applied to dismiss the lawsuit, claiming that the Bitcoin address is only a string of data and is not a subject that can be prosecuted. Edwin Mata, CEO and attorney of tokenization platform Brickken, said that an address alone cannot prove that an asset has been abandoned for a long time. According to property law, determining that property has been abandoned usually requires proof that the owner clearly intended to relinquish property rights, and the dormant address may simply be long-term cold storage, loss of private keys, or the holder chose to hold it for a long time, so it is insufficient to support the plaintiff's claim.

47d ago

What about freezing Satoshi Nakamoto's Bitcoin after resisting quantum upgrades: not original by CZ, the intention was to cause more widespread discussion

Comparing news, recently, CZ mentioned in an interview that if Satoshi Nakamoto's address has not been moved for a long time after Bitcoin's anti-quantum upgrade, the relevant bitcoins should be frozen. This statement sparked widespread discussion in the community. In response, He Yi said that the threat of quantum attacks is the main opinion of many people in the mainstream community that the Bitcoin system network has not been established for a long time, and how to deal with quantum attacks is also one of the current concerns of the Bitcoin community. Over the years, the Bitcoin network has experienced forks and is still strong. If you encounter problems, just solve problems; entrepreneurs originally created possibilities in the midst of the impossible. CZ mentioned one of the current proposals in the Bitcoin community, and how to respond under the threat of hacking. This time, it only brought the topics discussed in the Bitcoin community to mainstream interviews. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

54d agoburnking

Satoshi Nakamoto responds to the loss of bitcoins 16 years ago: a donation to all coin holders

Comparing news, today in history, Satoshi Nakamoto stated 16 years ago in response to community users' suggestions on how to solve the Bitcoin loss problem: “Lost coins only make everyone else's coins slightly more. Think of it as a donation to all holders (Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to all holders)” .

62d ago