234 Photos and videos
thanks to the massive attention to the privacy sector and octra in recent weeks, we received a few credible bug reports and improvement suggestions from external researchers that have been implemented and will be published separately
we are finishing up all essential security updates and checks, and will be returning to regular product release schedule right after: node release, hyperevm integration, multi-ecosystem stealth bridge, hfhe-llm interface, etc
24
25
136
3,793
alex retweeted
Jun 12
a mini update, which actually turned out to be quite large, we updated the library and added the most important part - a recrypt that turns the HFHE (pvac ver) into a circuit with unlimited computation chain depth (we also added a bunch of examples of how to use it)
this is an important part and the penultimate one before the next final update,if you want to understand what this means, run benchmarks and review past results (hfhe against everything)
in the public test, 63 consecutive reset stages pass with support growing to 16 terms per stage and resetting back to 4 terms
run:
make test-hfhe-native
PVAC_HFHE_DEPTH_ROUNDS = 63 make test-hfhe-depth
github.com/octra-labs/pvac_h…
Jan 26
PoC HFHE against everything (benchmarks)
github.com/octra-labs/pvac_h…
18
27
134
16,136
We are regularly introduced to parties that straight up demand non-public information just to buy OCT on the open market (we don't offer OTC). The idea that teams with a live coin are expected to pitch liquid funds is batshit insane to me. Just don't buy, nobody is asking you to.
Its weird being fully unlocked as a seed investor on day 1. I'm not used to it. There's nothing to vest? I'm just another holder like everyone else. I don't get any special investor updates or anything that other people don't get to see. We're all in the same boat. I could fsh my entire stack right now and never talk to the team again. I could also buy more (which I have). Overnight went from angel to bag worker. I'm no different from yall. The other investors are the same too. Some nuked day one. Some must have nuked at $0.016 and are hating themselves rn after seeing it rip 10x. Nobody has any special privileges. We're equals. It makes me look back on all the weird vesting stuff with disdain. Investor chats that get updates before the rest of the community gets them. Kinda messed up. More protocols should do what octra did. Rip off the bandaid. Let sellers sell and get it over with.
12
12
96
7,459
Simple obfuscation of wallets, transfers and programs doesn't feel like the endgame for privacy. Operating directly on encrypted data does. FHE ties it all together neatly, with nodes performing heavy but meaningful tasks, while keeping the state composable and verifiable.
15
16
120
6,081
These are some boring security updates that were weeks in the making with the help of external researchers, but they are also the most important. Some writeups will be coming soon, and we will return to normal product release schedule.
Jun 9
the next batch of mini-updates was just added, we recommend updating webcli as soon as possible
more webcli changes coming this week: accessible github production cycle, less hassle with manual builds, new security improvements, etc.
repo: github.com/octra-labs/webcli
stay alert for your safety
9
5
83
4,196
alex retweeted
Jun 9
the second graph describing the @octra encryption process. planned up next is a graph regarding the homomorphic operations, so it's likely that this one might get revised and readjusted accordingly. the most complicated part about octra is how it manages and cleans up edges, especially regarding "σ-density". so that will probably result in two separate graphs. consider this all work in progress.
15
17
92
6,195
alex retweeted
Jun 9
The Full-Stack Privacy Ecosystem: Privacy as Infrastructure for User Protection and Institutional Adoption
Featuring @octra @fhenix @ambire @RAILGUN_Project @0xprivacypools @Arcium @encifherio @Starknet
Read the complete report for free here: docsend.com/v/sjv2g/thefulls…
41
23
146
20,353
alex retweeted
Jun 8
an important security update has been released, please install the latest version of the web client:
1) export keys
2) delete old client folder
3) download new web client: github.com/octra-labs/webcli
4) rebuild
5) import keys
see instructions: docs.octra.org/user-docs/ins…
Jun 8
a mini update regarding webcli - many security improvements have been added that make it worth updating your version to the latest version (don't delay with the update)
we’re also reinstating the bounty program as an open portal with challenges after receiving good findings from researchers, we'll share more in the coming days once the concept is finalized
github.com/octra-labs/webcli
7
18
125
10,897
alex retweeted
Jun 5
currently studying @octra, made a neat chart. i'm working on the formal verification (in lean 4) of their hfhe system, which is slowly approaching completion, but i still need to plug some knowledge gaps and do more investigative work. additionally planning on doing more graphs that demonstrate the encryption and decryption process, and how the homomorphic operations work.
13
15
125
5,720
the bridge recorded the highest inflow of OCT to octra network this week
for the first time ever, the weekly bridged-in supply (4,953,533.549 OCT) exceeded the bridged-out supply (792,725.68)
most of the bridged-in supply was then encrypted
data from octra.online 💙
Jun 2
😅 update: someone just encrypted 2,000,000 oct more, which is definitely the largest encrypt transaction ever
octrascan.io/tx.html?hash=f4…
35
30
219
32,176
alex retweeted
Jun 5
In this edition of Fully Diluted, @AvgJoesCrypto sits down with the co-founder of @octra, @octralex.
Octra is an FHE-based L1 that computes on encrypted data without any decryption.
They discuss private DeFi, encrypted AI, the launch of a zero-min Uniswap auction, and more.
Watch the full episode here 👇
52
66
211
26,320
With all recent incidents, the dev team is understandably quite paranoid about security, and has spent the last few weeks on formal verification of all modules.
We're pausing all non-essential tasks to focus on security, so there will be less rushed experimental product releases.
Jun 2
to ensure maximum security amid rising industry incidents, we will be spending additional time on formal verification of all modules for the upcoming node release
your patience is appreciated as we work to secure the network
20
17
142
7,448
This is the right direction. Octra already uses R1CS/Bulletproofs and Pedersen-bound proofs for encrypted balance flows and state transitions, while programs compile to inspectable bytecode with formal verification built in. Private compute should be proof-carrying by default.
Zcash ( and Aleo, Aztec, payy, etc) should double down on formal verification. Anecdotally, advances in coding agents make it straightforward if you have the expertise to write theorems/specs. But the flip side is, advances in AI mean this won't be the last zk bug.
13
18
118
6,375
I just realized I quoted the wrong tweet... x.com/zkDragon/status/206203…
Where were going:
- Every circuit formally verified
- Written in R1CS, the simplest arithmetization
- Automated fuzzing
- Over-audited by humans and an army of AI
13
791
a global, permissionless and open “everything exchange” would require:
(1) privacy to bring real world assets onchain;
(2) programmability to trade, lend and borrow against them;
(3) persistent state for assets to stay end-to-end composable
from our (naive) 2022 intro article:
22
27
155
7,737
a comprehensive report on octra, its launch strategy, plans, the role of OCT, proprietary hypergraph FHE scheme and what it unlocks, is now out
written by @AvgJoesCrypto, a prominent privacy advocate over at @MessariCrypto
thank you for the coverage!
messari.io/report/octra-buil…
19
56
239
8,437
alex retweeted
Jun 2
Most privacy projects focus on hiding transactions.
@octra is pursuing a broader goal: programmable private state.
Using FHE, the network is designed to process and update encrypted data without revealing the underlying information, potentially extending privacy to applications, AI, identity, payments, and financial markets.
Jun 2
$OCT has been one of the best-performing assets in crypto over the past month.
The final clearing price on its @UniswapAuctions was $0.025. Since then, it has rallied nearly 450% to $0.137!
While this performance is undoubtedly a reflection of what @octra has built, it is also a byproduct of how the token was launched.
Investors are increasingly being asked to underwrite end-state valuations, and the results have generally been poor. Higher launch valuations have consistently produced worse investor outcomes.
Octra took the opposite approach as OCT launched at a $25M FDV with no day-one CEX listings and no token allocations reserved for exchanges or market makers.
Unlike many recent token launches, investors weren't being asked to underwrite a future where adoption, ecosystem growth, and product-market fit had already been achieved.
Whether Octra ultimately succeeds remains to be seen, but its launch structure is a welcome departure from the industry's recent playbook.
51
58
190
23,919