midstate is a post-quantum cryptocurrency built from scratch. discord: discord.gg/Eg7YyW9vtd
Joined December 2012
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Mar 21
Introducing Midstate.
A peer-to-peer electronic cash system engineered from the ground up for the edge. No elliptic curves. No ASICs. No MEV. Just pure BLAKE3 mathematics running on a $15 Raspberry Pi.
The post-quantum frontier is here. 🧵👇
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Jun 11
im sure its fine. no one can prove otherwise so im sure its fine.....
Jun 11
🚨 UPDATE: Arkham says someone withdrew nearly 1% of all $ZEC from Zcash’s shielded Orchard pool.
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Jun 7
fun fact, if you are running a full node, go to localhost:8545/chat then attach your address to a message with any words, you will start the "trivia bot" which can give you 1million midstate!
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Jun 5
Hope you were “zidelined”
For 4 years Zcash's zcash:native Orchard pool had a bug that let anyone mint unlimited, undetectable counterfeit ZEC
It was just found by a researcher using Claude Opus 4.8 and patched
Because the pool is shielded, there's no cryptographic way to prove it was never exploited
A privacy coin can't audit its own supply
So no, we don't know how much fake ZEC is out there. That's exactly the problem
Someone knew, someone always knows, I wonder how much billions of fake ZCASH retail bought all
The thing that made it attractive is the same thing that means we can never know what really happened inside that pool
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Jun 5
Zk stuff is always sketchy. That’s why midstate is transparent.
Jun 5
JUST IN: Claude Opus 4.8 reportedly found a critical Zcash bug that could have allowed attackers to create unlimited coins.
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Jun 4
using the midstate-sdk, i developed an automatic faucet that runs in the chat and sends you free #midstate
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Jun 4
the SDK made the development of the faucet bot incredibly simple. github.com/ciphernom/midstat… its only like 200 lines of code.
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Jun 4
all you have to do is visit localhist:8545/chat (assuming you are running a node) and post a message with your address and the bot will start grilling you! (nb you can also do it in the chat on the web wallet, but things might get confusing there!)
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Jun 4
if anyone has a bitcoin talk account, please post about the midstate project. I dont have an account there. This is your chance to be part of something cool and unique.
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Jun 2
10b (10 millionths of the total supply or 10 block rewards) will be awarded to the winner
Jun 2
GIVING AWAY 1 BILLION MDS (1 gigaMDS) TO EVERY FULL NODE THAT POSTS THEIR ADDRESS TO THE CHAT USING THEIR /CHAT. THATS A BLOCK REWARD FOR FREE. 1 MILLIONTH OF THE SUPPLY FOR FREE. localhost:8545/chat (but only if you are running a full node!)
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Jun 2
as the developer of a provable quantum safe L1 cryptocurrency, i have to say this: bitcoin is safe from quantum. its the only cryptocurrency worth buying and holding forever. don't be afraid of quantum risk to bitcoin. not only is bitcoin safe from quantum, its the safest.
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Jun 2
there might be a lil dump here and there but we used to that and hodl'ing is never as easy as it seems looking back. just dont reuse addresses and it will be fine.
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Jun 2
GIVING AWAY 1 BILLION MDS (1 gigaMDS) TO EVERY FULL NODE THAT POSTS THEIR ADDRESS TO THE CHAT USING THEIR /CHAT. THATS A BLOCK REWARD FOR FREE. 1 MILLIONTH OF THE SUPPLY FOR FREE. localhost:8545/chat (but only if you are running a full node!)
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Jun 2
as indicated, this will run until the 10th of June so get your entry!
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Jun 2
Midstate farts in the French’s general direction. The smell is pure blake3 hash primitive. Zero quantum risk.
Jun 2
Blog post: "The French have the Quantum Circuits" algassert.com/post/2602
André Schrottenloher just published a preprint showing how to construct quantum ECDLP circuits with costs similar to the ones in our zero knowledge proofs.
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Jun 2
$mds #midstate. the real alpha isn’t just the supply cap however; it’s the timeline.
365 days per HALVING.
50% of the entire supply will be minted in Year 1.
If you aren't running a Midstate Node THIS YEAR you are MASSIVELY missing out.
Midstate halves EVERY YEAR.
Year 1: 50% of all coins are mined.
Year 4: 93% is gone.
you are mathematically locking yourself out of the greatest accumulation phase by not running the node and mining.
Tick tock motherfucker. ⏳⛏️
May 30
The maximum supply of Bitcoin is 2.1 quadrillion. The maximum supply of Midstate is 1.12 quadrillion. Midstate is scarcer than Bitcoin.
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May 28
State bloat is a primordial problem in all cryptocurrencies- you need to prove everything since genesis, so you need all of that data.
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Jun 1
in midstate, we've attempt to control for this by introducing a prune market - you can buy a "licence to prune" from a non-pruning node. this gives an economic incentive to non-mining full nodes that dont prune. You can earn via sales of what is effectively an NFT (the prune licence).
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May 31
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May 31
this could be used to create discord or telegram midstate bots, or trading bots, or even your own wallet implementation
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