Justin Drake

One interesting shift of mindset for me in the last few months is that I've stopped thinking about post-quantum as a hurdle that we have to overcome.

And I think of it more as an opportunity.

It's an opportunity for Ethereum to stand out as the very first global financial system that is post-quantum secure.

not just relative to its competitors, you know, like Bitcoin and whatnot, but also relative to, you know, fiat and TradFi.

And I think it would, you know, send a very strong message and kind of be a very natural security shutting point for the world to migrate over to Ethereum.

Hi, guys.

Thanks for having me again.

Yeah, so I just want to back up a little bit and kind of emphasize what you said, which is that in the last six to 12 months, we've had major breakthroughs.

One of them is this notion of error correction.

So we're able to go from so-called physical qubits, which are very noisy and error prone, to like these perfectly logical qubits.

Right now, we can basically manufacture one logical qubit

But it's still a very important zero to one moment.

And now it's about scaling it to multiple logical qubits.

Another big breakthrough is on the algorithmic side of things.

Previously, we thought it would take millions, actually tens of millions of physical qubits in order to break our beloved cryptography.

But last year, there was a paper that made a 10x improvement, bringing it down to 1 million physical qubits.

And this year, we have another 10x improvement, bringing it down to 100,000 qubits.

So the goalposts are coming closer and closer and closer.

And you have this double exponential in some sense that will eventually cross.

And then another thing that has happened is on the investment side of things, a lot of the quantum startups have been raising billions of dollars.