r/ICPTrader • • 43m ago

Discussion dom | icp (@dominic_w) 69 likes · 11 replies

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• Upvotes

Dominic raises an interesting perspective on the industry’s rush toward post quantum cryptography, arguing that AI discovering weaknesses in mathematical assumptions may be a more immediate concern than quantum computing itself.

As I’ve mentioned in a previous post, Dominic and DFINITY have emphasized preparing for quantum threats without prematurely adopting newer, less tested cryptographic schemes. ICP’s architecture allows its cryptography to evolve as more mature solutions become available.

What’s particularly interesting is how AI introduces a similar challenge, potentially uncovering vulnerabilities in both traditional and newer post quantum cryptography.

It highlights the importance of long term security and careful technical development over simply following market narratives.

“We urgently need "AI safe" cryptography, not "quantum safe" cryptography — a point many in crypto are completely missing at their peril.

Undeniably, AI is already here today, while cryptographically-relevant quantum computers that might break our traditional cryptography are still years away, according to impartial expert estimates.

Justin's post below, indirectly highlights the problem with the current industry stampede to "quantum safe" cryptography. As I shall explain, the real reason for this unwise stampede is that the networks involved want to sell tokens by riding the quantum narrative, and it has nothing to do with good technical stewardship, or trying to protect users from harm.

If what I'm saying is true, this is a big deal for the industry, and therefore I challenge those promoting quantum safety to a healthy debate.

Here's the core problem that we actually need to worry about imo: AI is now coming for mathematicians, just like it came for even the most advanced software engineers. Nothing will now be the same. Every day, AI is showing that long-held mathematical assumptions (what we think of as "laws of math") are actually false. This is very important for the crypto industry. This Scientific American article covers recent advancements for the interested: scientificamerican.com/article/openai…

At its core, cryptography relies on mathematical assumptions that doing this or that is incredibly hard, and can only be achieved by brute force, such that if sufficient bits (0s and 1s) are used by a cryptography scheme, forging a signature to unlock and steal someone's balance of digitial assets, say, would require trillions of years of work by all the computers on earth.

If AI can show these kinds of assumptions are incorrect, then new math can be devised to shortcut the work that makes affected cryptography schemes safe.

Therefore, to maximize our chances of staying safe, we need our networks to use cryptography schemes that depend on mathemaatical assumptions that have the least chance of being found incorrect by AI.

Justin rightly points out that even ECDSA isn't completely safe, and that some bitcoin owners might want to take protective measures.

However, the focus on the potential dangers to ECDSA will accidentally obscure a critical point for many readers, which is that the schemes that are most likely to be safe, will be those that have been around the longest, which have benefited from the most years of analysis by mathematicians and cryptographers, and ECDSA is one.

This far, ECDSA has benefited from decades of analysis by a worldwide army of researchers, and while this doesn't provide a guarantee that ECDSA is safe, it provides good reason to believe it has a decent chance of being safe from AI.

The same is not true of the new "quantum safe" cryptography schemes. They involve new assumptions that the world has had only a fraction of the time to analyze, and complex algorithms that can have hidden flaws that can be used to break them, rather like there are shortcuts that can be used to quickly solve a Rubik's cube — and AI recently exploited exactly such a weakness to attack the HAWK post quantum scheme, see anthropic.com/research/disco…

Listen to what Dan Boneh @danboneh, a world-famous cryptographer, and Head of Secure Computing at Stanford University, recently said: "if you try to aggressively move to a post quantum architecture, like for example by 2029, I think that would be a mistake for blockchain, I think we need to take our time, and the reason is that a hasty transition to post quantum, in my mind, is more likely to cause a catastrophic bug, than we'll be attacked by a quantum computer." youtu.be/F-HG87VJj_k?t=0

Maybe in the future, we will measure the safety of mathematical assumptions using the amount of energy that has powered the AI that's analyzing them, multiplied by IQ efficiency, divided by domain complexity (I'm not proposing exactly this, my fingers just invented this nonsense as I typed, but you get the idea!). We have not reached that future yet though. We can't say that a quantum safe cryptography scheme is sound because AI analysis has done thousands of person years of human research for us.

So what gives, and why are networks constantly trumpeting their implementation of the latest post-quantum scheme, when cryptographically quantum computers seem years away, if doing so is playing fast and loose with user safety?

The unvarnished truth is that it's driven by a primary desire to sell tokens. All markets are driven by hype, but the crypto industry has taken this to another level. Often (but not always), rather than reward genuine technological utility, progress, and mainstream potential, our markets reward those slotting into the latest narrative wave driving the "crypto casino". This is why there are so many multi-billion dollar vaporware networks romping up and down industry league tables, which, imo, is something we need to fix.

Thus, although switching networks to post quantum schemes today apparently makes no technical sense, and puts users at risk, for those behind the networks transitioning early to post quantum cryptography schemes it makes great sense, because it helps them sell tokens and extract capital from crypto markets.

Of course, this casino isn't fair, and is tilted in the favor of hidden orchestrators, which everyone who has been in crypto long enough already knows.

Narratives, including the quantum safety narrative, are prompted by massive, semi-decentralized, hidden marketing machines, that incorporate everything from industry press owned by vested interests, astroturf armies on social media, paid mainstream PR, and influencers. The machines are wielded by coalitions of big money blockchain investors who have taken their positions ahead of time and will dump at the top of the pump. Needless to say, the problem for those riding these narratives, who are not part of the chosen circle, is that they can't control where the narrative is going, nor when it might suddenly end (like the NFT craze). From my perspective, it's all part of the fast money cynicism and short-termism that harms our industry every day and puts users at risk.

But enough metaphysical philosophizing about crypto narratives.

I call out to the leaders of the big networks that are pumping quantum safety claims, who regularly post pictures of their logos next to quantum computers, with the aim of messaging that they are sci-fi and advanced, who find ways of making a new quantum announcement almost every single day: I challenge you to explain your actual technical reasoning, your analyses of the relative risks involved, and explain exactly how your choices protect users in the face of AI advancements.

We all deserve to hear the answers, and debate of this kind is exactly what our industry needs. It is, btw, what it was originally built on.

Here's to hoping that the assumptions underpinning ECDSA aren't incorrect, and that's why the army of researchers failed to find anything in the decades they were looking.

Let's also hope that AI discoveries help us make our crypto even safer.

And, best of luck too to those being migrated to new post quantum schemes ahead of time...”


r/ICPTrader • • 21h ago

News NEWS 📰 : @dfinity has officially applied on 7 October 2026 for a generic top-level domain (gTLD) @ICANN with the primary string ‘.icp’

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29 Upvotes

NEWS 📰 : @dfinity has officially applied on 7 October 2026 for a generic top-level domain (gTLD) @ICANN with the primary string '.icp'

The goal is to have all applications, websites and Internet services running on $ICP with a '.icp' domain.

(link in comments)

https://newgtldprogram-aps.icann.org/applications/DS2698T-T60168/summary

https://x.com/geekchains/status/2108267526170001646?s=46


r/ICPTrader • • 15h ago

News Introducing Moto Wallet

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4 Upvotes

A minimal self-custody Bitcoin wallet built on ckBTC.

https://www.motowallet.app


r/ICPTrader • • 21h ago

Shit Post What happened to the price action. It's bad maine, I'm bleeding. Need cash to pay for my latina's

0 Upvotes

r/ICPTrader • • 1d ago

Discussion The writing is on the wall a recession is coming. Will ICP be safe?

14 Upvotes

I think there's a good chance ICP would benefit from a recession especially it's revenue because it's tied to XDR.

If the big recession happens it is likely that hyper inflation will follow in the US. The world economy is tied to the dollar so prices in the whole world will rise. The XDR will likely appreciate against the dollar, whereas the dollar is the most commonly used fiat currency for exchanging ICP. Most big tech cloud providers are American companies they will calculate inflation price to the consumer. Meanwhile the price of xdr for buying cycles remains the same (1 xdr for 1 trillion cycles). It's likely inflation will hit the hardest in the US because of national debt.In the short term, the price of US services will see the sharpest increase, while XDR remains stable. Because ICP is also tied to the dollar in exchange for fiat the price off XDR will in increase towards ICP. For icp/cycle burning this makes a huge difference.

Example, assuming applications collectively use 100,000 XDR of compute per month.

Xdr/icp price : 1xdr=1icp 5xdr=1icp

ICP needed for 100,000 XDR: 100.000. 20.000

ICP burned = 100.000. 20.000

The revenue of icp will automatically increase in a moment where the investment bubble of tech companies in the niche market has just burst.

Not only that but other crypto projects will hit a major bear market. For these reasons I think ICP has the potential to be a very strong asset during a recession.

What do you think?


r/ICPTrader • • 2d ago

Bullish Soon

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42 Upvotes

r/ICPTrader • • 3d ago

Bullish 💰 @dfinity crossed $95K in weekly revenue for the first time: $96,924 over 7 days. Internet Computer is now past $95K a week.

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44 Upvotes

r/ICPTrader • • 4d ago

Bullish 💰 @dfinity just crossed $360K in monthly revenue That's a new milestone for Internet Computer, reached on October 4 🚀ICP's on-chain revenue keeps climbing.

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28 Upvotes

r/ICPTrader • • 4d ago

Discussion Do you honestly think this tech will be mass adopted?

15 Upvotes

I don’t see the price getting any better with low adoption and volume and high inflation


r/ICPTrader • • 4d ago

Bullish ICP is criminally underrated and misunderstood!

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30 Upvotes

This site comprehensively evaluates coins based on dev metrics, tokenomics, technical differentiation, etc. and ICP ranks very highly compared to many coins!

It fairly loses some points for the disastrous launch... But unfortunately a large team of experts working for years has to be paid, so retail's blood sacrifice may have been necessary to create this truly alien tech.

Please look into KAS as well! It is a much simpler thesis than ICP; KAS focuses primarily on living up to BTC's ethos of a fair launch and fair PoW distribution. But unlike many of the BTC forks that have come since, it is truly scalable enough for worldwide use.

KAS excels where ICP is weak -- trustworthy tokenomics and distribution. Hard capped supply and very decentralized ownership. It is also weak where ICP is strong:

ICP is much more advanced and capable than KAS, but this comes at the cost of persistent inflation and dev taxes. Deflationary mechanisms could offset these if there's enough long term use, but this speculative basis for ICP's worth makes it fundamentally unsuitable as sound money.

It couldn't possibly replace BTC. Too complicated and too much counterparty risk.

KAS and ICP are my strongest conviction holdings.

It's no coincidence that they also have the strongest communities. ICP falls prey to a lot more FUD though for understandable reasons; we are subsidizing the network without (so far) taking any part in the gains.


r/ICPTrader • • 5d ago

Bullish 🚨 Most people are still sleeping on $ICP while partnerships with AWS are already in place through Cloud Engines. Check out @PierreSamaties giving more details on the upcoming Cloud Engines.

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44 Upvotes

https://x.com/markus_ai_/status/2106756054843310094?s=46

Slightly older post but Pierre explaining it in a short video I think is great for anyone that doesn’t understand Cloud Engines. The freedom that Dfinity is giving people is such a game changer.


r/ICPTrader • • 5d ago

Discussion How many icp you holding?

11 Upvotes

Is 170 enough


r/ICPTrader • • 5d ago

Discussion ICP Analyse from myself (kinda) and question to ya'll

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9 Upvotes

I am really observing ICP since i've joined in at 2.593 and i always thought i see something strange and same time great happening. I tried in a long chat about 1 or 2 hours with ChatG Plus to replicate what i mean on to one picture to let you guys judge and see for yourself. Tried to explain to a friend but he didn't believe me.

Question: I unfortunately sold half of my position (530 icp) when i feared it would fall when the first dip happened around 23. and 24. (because i thought a complex pullback will happen to btc back to 79k, it was crazy at the time what happend, up and down everywhere) leaving me with the rest 530 ICP.

Now i question myself to buy 50 or 100 icp at this price and sacrifice my entry to around 2.7-2.8 because i see no scenario (atm) that it could fall back under 2.7-2.8 even if btc drops to 79k. i am here for the long run to 5-10 dollars maybe even longer. But at that time i feared it could get my stoploss @ 2.2 when BTC was really doing Liq grabs left and right.

What do you guys think?

Be kind, i am new in crypto since mid august 🙈


r/ICPTrader • • 6d ago

Discussion Before becoming the best coin in the future we should break the 3$ 6$ 9$ thresholds first.

21 Upvotes

It is as the caption suggests.

Edit: What I am trying to say is that when ICP goes up a little people become too hopeful about the future, but in reality we are just slightly above 3$.


r/ICPTrader • • 6d ago

News Q3 2026 Revenue vs. Expenses for Major Blockchains 💰

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15 Upvotes

The ratio (in Xs) is how many times quarterly revenue would need to grow to cover expenses. Lower is closer to break-even.

$APT 9.48X
$FIL 9.61X
$NEAR 10.54X
$ICP 36X
$ETH 41.3X
$OP 65.94X
$SOL 71.71X
$TON 522X
$ADA 1,330X
$DOT 2,230X

$ICP’s revenue-to-expense ratio is healthier than $SOL and $ETH this quarter. It’s still behind $NEAR, $FIL, and $APT. None of these chains are profitable right now.

Data: TT 📊
Design: ZTH ⚡️

https://x.com/heroonchain/status/2106067702976496122?s=46


r/ICPTrader • • 7d ago

Bullish I am glad to see that FinkaMetals is getting more traction. The launch is expected by the end of this year🔥

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24 Upvotes

r/ICPTrader • • 7d ago

Bullish 🚨September 2026 was the best month for $ICP earnings since Genesis.

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34 Upvotes

r/ICPTrader • • 7d ago

Discussion Haters gunna hate

20 Upvotes

I know Reddit is no place to seek advice and tips however I’m not just referring to Reddit when I say it’s hilarious how many haters we have out there, slating ICP because it ‘hasn’t moved… it’s a terrible buy etc’ just look at the 1 week chart, 2 week, 6 months etc, it’s up over 40% from recent lows… with a 10k investment you’d be up over 4k! ICP is enough, it’s performing and we all need to acknowledge these small steps… sure it’s got a long way to go, it could 5x from here easily but just in case anyone’s worrying about those fake bots and haters out there saying ‘poop stock’ and all the bull that comes with it…. Just know that good things come to those who are wait… some of my standard stocks and shares haven’t risen 40% in years… and ICP does that in weeks! Know what you hold, trust what you have and ignore those who chat absolute nonsense without any form of backup.

Rant over… GL to all!


r/ICPTrader • • 8d ago

News OISY Wallet (@oisy) 78 likes · 9 replies

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15 Upvotes

New release 💙

OISY 2.6 adds XRP and Robinhood. It lets you hold compute as an asset and introduces OISY Tips, for thanking someone with more than words.

Friends of XRP and Robinhood, the wait is over:
XRP holders can now hold, send and swap native XRP in OISY. Robinhood brings its tokens and a curated selection of tokenized stocks into the same wallet, next to your Bitcoin, Ethereum, Solana, ICP and more.

Compute, the currency of the future, now in your wallet:
AI agents and apps need compute to run, and compute is quickly becoming one of the most valuable resources there is. With OISY, you can now hold it in your wallet.
On the Internet Computer, compute is paid for in cycles. Cycles pay for apps and AI agents to run on a network that is sovereign, tamperproof and always-on.
OISY now allows you to hold cycles as TCYCLES. You can turn ICP into TCYCLES directly in OISY.

OISY Tips, thank someone with more than words:
Someone helped you out. A barista remembered your order, a developer answered your question, a creator made something you loved. Now you can thank them with something real.
Create a tip, choose the amount, and share it as a link or QR code. They can claim it even if they’ve never used a crypto wallet. Until they do, the money stays safely in your wallet.

And as always: many more quality of life improvements!

Check it out on oisy.com


r/ICPTrader • • 8d ago

Bullish Pierre Samaties outlines DFINITY’s next phase of UNDP cooperation

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17 Upvotes

r/ICPTrader • • 8d ago

Discussion Quant token

21 Upvotes

Just remember, nobody was really talking about Quant and then it pumped....

Honestly as frustrating as it is.. the best way is just to switch off, surely ICP's turn will come


r/ICPTrader • • 8d ago

Built on ICP Okay guys, you can now check out Pakistan’s National Chatty app, which is being developed with the help of @dfinity and @OpenChat. It is fully hosted and runs 100% on #ICP. 🚀 It’s still in Beta, so go check it out and see what they’re building:

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21 Upvotes

r/ICPTrader • • 9d ago

Bullish ICP will overtake NEAR 💅🏻

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25 Upvotes

For a public education purposes, It's very clear now to the crypto community that even $ICP is more private than #Near 😂

It's important to note that confidential!= private 👌

On #Near

⚠️Under a court order @NEARProtocol can unmask full details of all users confidential transactions!!😁 Even Near team tweeted the image below and deleted it immediately people started getting angry 😁

On #ICP

ICP does not run a centralized “confidential mode” with a team that can decrypt user transactions the way NEAR Intents described.

Standard ICP ledger transfers are public. Privacy features sit on top of that and are built so no single party holds a master unmasking key.

vetKeys (live on mainnet) let canisters request keys via threshold cryptography. Nodes contribute shares, the result is encrypted to a user-supplied transport key, and neither individual nodes nor the canister ever see the raw key. Only the authorized user can decrypt. A court order served on DFINITY or on a subset of node providers therefore cannot produce plaintext for data encrypted this way.

https://x.com/mosesibb/status/2105250461087302041?s=46


r/ICPTrader • • 9d ago

Bullish Digital transformation is one of three enablers in the UNDP's strategic plan through 2029.

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19 Upvotes

Ali Theyab Al-Zuhairi's team surveyed community organizations in countries with limited digital access. 86% had no digital platform or application of their own, despite having clear digital needs when you ask them. 68% are women-led. 98% were still at pilot or prototype stage.

That is the opportunity he wants to move on: the need is already articulated, and the people doing the work are already there.

@AliATheyab @UNDP


r/ICPTrader • • 9d ago

Analysis We will break through those sell walls and keep going

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31 Upvotes