Building P2Poolv2. PhD distributed systems. github.com/p2poolv2

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The definition of what is illegal content onchain can be changed at any time. Stay permissionless.
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jungly retweeted
this is wild connected the kindle over usb and let claude code jailbreak the kindle removed all the Amazon bloat + added tailscale
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The 4th round of SIGMOD 2027 has *659* submissions. This is 2-3x more than previous years! I downloaded the abstracts & compared against last 10yrs of SIGMOD/VLDB papers. I then evaluated them to see how writing changed since ChatGPT in 2022. Many papers are clearly LLM written.
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Extremely bullish on this! Mining decentralization is vital for bitcoin's long-term survival!
Kulpreet Singh (@jungly) is building p2poolv2, a decentralized mining pool. Pools are one of bitcoin’s last big points of centralization, and p2poolv2 nixes the operator entirely, letting miners coordinate peer to peer and make payouts without middlemen.
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Next up for him: Testnet4 hashrate, Electrum API for p2poolv2 nodes, and an uncomfortable realization that no one has ever been able to leave our current and former Spiral grantee group chat. Once in, you’re in forever. Web: p2poolv2.org GH: github.com/p2poolv2/p2poolv2
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Share maturity now enforced before payouts. 6048 confirmation requirement prevents paying miners for shares that could reorg out. Similar to Bitcoin's 100-block coinbase maturity, but tuned for p2poolv2's faster share chain.
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The Party’s Telescreen from 1984 now with waffle recipes. And you buy it.
Apple has introduced HomeView apple.com/apple-homeview/
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Eric is probably right, but the comparison still hurts my feelings as die hard Rustacean 😂😂😂
Rust is the Perl of the 21st century.
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Because, unlike Satoshi, modern Bitcoin builders fixated on wanting to build commercial legal entities with their fiat name, instead of pseudonymous FLOSS. Fundamentally broken model, to be avoided when possible.
Everyone wants to scale bitcoin and build a layer 2 project. However, nobody wants the users or developers from China, Russia and India. Who exactly are we scaling for?
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In case you wanted to visit every single pizza place in Italy
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Unlike centralized pools where the operator controls PPLNS parameters and can change them arbitrarily, p2poolv2's PPLNS window is consensus-enforced by all nodes. No trust required—miners verify the math themselves.
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The hippie trail was such a surreal thing that is almost unimaginable today. People used to trip balls in Tehran and then be degens in Kabul and Lahore after driving through Iraq and Syria. And it was just a thing people did over the summer, like going to Machu Picchu.
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In any case. I can’t see the future. Nobody can. But so far, betting against models and in favor of human intelligence being the limit has not worked well for any of us. I think it’s an especially poor choice now, being made by normally-cautious security pros. /FIN
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It seems like the FUDers are FUDing and the algorithm is doing its job of putting controversial, click bait content at the top. Result: important bitcoin work is being stalled for PQ work, cause now we need to calm some nerves.
I wasn’t going to comment since this is a really bad take IMO, but since it’s taken off I feel the need to. To my understanding, there is no evidence whatsoever pointing to a break of decades old hardness assumptions like elliptic curve cryptography. 1/n
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Of course, we can’t prove that EC discrete log is hard, since we haven’t been able to prove P neq NP. But just throwing out - AI is doing amazing math so elliptic curve hardness is in danger has no logical basis whatsoever. 3/n
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I wasn’t going to comment since this is a really bad take IMO, but since it’s taken off I feel the need to. To my understanding, there is no evidence whatsoever pointing to a break of decades old hardness assumptions like elliptic curve cryptography. 1/n
Today I call upon the blockchain industry to calmly begin planning for "bunker mode". My personal recommendation is to set in motion a controlled mass migration of assets to fresh addresses, i.e. addresses whose pubkeys remain hidden behind a hash. Holders, starting with large and sophisticated ones, should consider moving the bulk of their funds to addresses that have never signed a transaction. And when they do sign one, they should also move remaining funds to a new address (possibly generated from the same seed phrase). Don't rush. While I believe there is cause for action a rushed migration would do more harm than good. Don't panic either. Moving assets to protected addresses is a simple, preventative step which does not require new cryptography or new wallets. IMO it is now reasonable to brace for the possibility that ECDSA breaks before qday, in the worst case in months not years. By "break" I mean fast private key recovery (e.g. in one week) on available hardware (e.g. a large GPU cluster). Recent days have been humbling for human mathematical intuition. Long-held, unquestioned hypotheses have fallen. This includes the n log(n) bound for integer multiplication and the 3SUM conjecture. In hindsight, May's unexpected disproof of the Erdős unit distance conjecture was our warning shot. Yesterday's OpenAI drop made it clear that mathematical superintelligence is upon us. They say there are weeks where decades happen. We are about to live through weeks where centuries of mathematical progress happen. Could our magic 64-byte ECDSA signatures be too good to be true? Was it just security through obscurity all this time? Elliptic curves feel especially vulnerable to superintelligence. Curves carry rich structure, with room for fancy tricks like Schoof, Frobenius, pairings. (By contrast, hashes are designed to minimise algebraic structure.) Separately, as Ewin Tang can attest, an efficient quantum algorithm sometimes foreshadows an efficient classical one. We should be open to the possibility of a classical counterpart to Shor that breaks elliptic curves and RSA at once. Also noteworthy is the striking under-representation of cryptographic breakthroughs among the 722 mathematical results OpenAI published. I've witnessed first-hand the US government censoring academic quantum cryptanalysis results. Backroom interventionism is my base case. I urge large, sophisticated actors to lead by example. Project11's "risq list" (bitcoin-risq-list.projecteleven[.]com) is a great tracker of exposed BTC pubkeys. Binance, Bitbank, Robinhood, Bitfinex, and Tether have an opportunity to harden their cold storage. Next month I'll address institutions in London in a live Q&A (forum.ethereuminstitutional[.]org/london-2026). Again, please do not rush. Wallets holding under 50 BTC enjoy partial cover from "Satoshi's shield", i.e. his 20K exposed addresses that hold 50 BTC each. Load-bearing signers like oracles and L2 security councils should consider rotating ECDSA pubkeys with every signed message and/or multi-signing with a hash-based schemes like SPHINCS. Exiting bunker mode safely will require post-AI cryptography. My inclination is to go all-in on hash-based cryptography and avoid structured mathematical assumptions entirely, whether from curves, lattices, or isogenies. A single battle-tested hash (e.g. from the SHA or BLAKE families) yields plausible post-AI security. The Ethereum roadmap on strawmap[.]org fully embraces hash-based cryptography with end-to-end formal verification as a response to the quantum threat. Those timelines must now be revisited and accelerated in light of mathematical superintelligence. I'll be pushing for maximum defensive acceleration.
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jungly retweeted
Share commitment moved to the header in PR #691. This prevents share block hash malleability and strengthens DoS resistance. Decentralized mining pools need attack-resistant fundamentals.
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6/ Our focus the last two months has been almost entirely on hardening the protocol, with help from security researchers such as Red Team and @ProjectLoupe. The new LLM-powered environment is hostile but cuts both ways, and we'll use it to improve our internal testing further.
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jungly retweeted
Replying to @notgrubles
I'm planning to test p2poolv2 and help stabilize testnet4 😅 @jungly
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This is the doom I predicted a few days ago, coming for Photoshop. A clean-room open-source reimplementation. No prizes for guessing that they decompiled Photoshop to source code, processed that to some kind of non-code specification language, then fed the spec to an LLM with an instruction to generate Rust. Adobe just got nuked. And closed source is dead, dead, dead. github.com/storytold/photocr…
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jungly retweeted
This ended up here. Libbitcoin is 5x faster at full validation. This increases to ~10x at twice the bandwidth.
Libbitcoin is coming
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