Cryptography

“So I think as stable coins proliferate to the back office, In a lot of companies, people will figure out, oh, the secret key is actually really important. I need hardware, I need PKI, I need trusted displays, all, all of the security stuff, and they will build…”

“In around 2040, we think there'll be enough qubits to start to break encryption, and secrets last longer than that.”

“You should get like an economic early warning sign essentially where you should see quantum computing companies Doing commercially impactful things, making money, and then eventually scaling towards systems that are big enough to be cryptographically relevant.”

“And so I think that the real check on something like that is going to be going to have to be cryptography, exit, you know, and so on and so forth, which is ultimately like get out of the jurisdiction, you know, have property that they cannot actually seize.”

“So it's already done for very critical domain, like avionics cryptography where it's very important, but it has to be done by humans.”

“Especially now that there's quantum computing and there's going to be a huge revolution on cryptography and all of regular everyday cryptography is gonna have to change very fast.”

“Honestly, the hardest problem is, is getting people to understand like what cryptography is and why you have these kind of like, you know, these seed words, which are effectively you, let's say your password for your keys. Getting them to really understand why…”

“I think truth is mathematical truth. It's cryptographic truth. It's truth that one can check for oneself rather than You know, argument from authority. It's argument from cryptography.”

“Crypto is ushering a new era of research in distributed systems, in security, and in cryptography. And all of these technology advances are actually making its way towards the internet into a safer internet.”

“Cryptography was a military secret, until the advent of the Internet.”

“Every single node can construct an auditable, verifiable database view on top of this append-only ledger. This is really the key insight here. And the reason that it's auditable and verifiable is because we're using cryptography, hash functions, and digital si…”

“There's, there are fewer humans involved and therefore this could be more scalable. You could scale trust to a larger number of people. You could imagine this being a truly global, ah, decentralized network for storage where everyone can participate because th…”

“It's one of the few areas, I have to say, where you can do deep mathematics, and at the same time, it would be extremely applied and deployed and used by billions of people all over the world.”

“But by far, the most important application of cryptography today has nothing to do with secrecy. Rather, it is all about helping make data tamper-proof.”

“So in the nineties, the U.S. Government actually banned the exporting of strong cryptography.”

“It's based on mathematical concepts that are very hard, they're very easy to verify, but very hard to actually do.”

“Network rates are on the order of microseconds, so not a lot of cryptography remains that could be used in this setting.”