๐Ÿ‡ณ๐Ÿ‡ต๐Ÿ” ๐Ÿ‡บ๐Ÿ‡ธ | zk + btc | ceo @alpenlabs | prev founded Synapse (acq. Palantir) | AI @ MIT

NYC
Simanta Gautam ๐Ÿ”๏ธ retweeted
Readying Alpen and Bitcoin protocols for a post-quantum world and the cyber-AI era @tabconf.
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Simanta Gautam ๐Ÿ”๏ธ retweeted
We expect AUSD to compete strongly for Bitcoin backed borrowing and lending on @AlpenLabs. @Nick_van_Eck and team have been beasts. Very much looking forward to growing AUSD on Bitcoin.
AUSD is coming to Bitcoin. @withAUSD, Agoraโ€™s institutional-grade digital dollar is coming to Alpen for the financial services being built on Bitcoin. Arriving with Alpen mainnet.
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Simanta Gautam ๐Ÿ”๏ธ retweeted
oh thats weird, the ai math god is somehow no better at cryptography than a 2026 humanโ€ฆ <thinks for a minute> ohhhhhhhhhhhhhhhhhhhhhhhhhh
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Simanta Gautam ๐Ÿ”๏ธ retweeted
JUST IN: $24 BILLION CIRCLE JUST ANNOUNCED THEY WILL SOON LAUNCH USDC ON #BITCOIN ONE OF THE WORLD'S MOST POPULAR STABLECOIN'S ON BTC THIS IS MASSIVE NEWS ๐Ÿ”ฅ
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Simanta Gautam ๐Ÿ”๏ธ retweeted
Circle ๐Ÿค @AlpenLabs USDC and CCTP are coming soon to the first bitcoin anchored chain supported by Circle.
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ICYMI: huge research unlock here. this work opens the door for practical, one-round *permissionless* challenges to claims about arbitrary computation on bitcoin. more details coming soon.
Our latest research reduces the offchain data required for garbled Groth16 verification on Bitcoin by more than 99.99%. 48 GB โ†’ under 2 MB. eprint.iacr.org/2026/2100
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native USDC composable with BTC settled on bitcoin
USDC is coming to Bitcoin โ€” through Alpen, in partnership with @circle. Circle-issued dollar stablecoins for Bitcoinโ€™s financial system, enabling BTC holders to borrow, lend, and trade without leaving Bitcoin behind.
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couldnโ€™t ask for a sharper contrast between Millennium Probs 1 & 2 align your people & your culture with the generosity, curiosity, humility of Grigori Perelman before your lofty talk of AI alignment
Replying to @sama
The world has extremely capable models now; I did not expect a result of this magnitude to happen so soon. We have been talking a lot about the need to pace progress to ensure safety; for me this is the strongest evidence yet of the urgency.
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your priors about safe bitcoin custody will be challenged in ways you probably cannot fathom that includes HSMs, regulated custodians, and even some self-custody workflows. we had to revisit every part of alpenโ€™s protocol & code to ensure itโ€™s designed for the AI-Cyber era
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bitcoin is antifragile & this will be good evolution i remain hyper bullish ๐Ÿธ
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seeing so many misinformed takes about the Elements bug that was exploited today seem to be stemming from several Kimi slops... don't let this stuff replace your own thinking guys
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Simanta Gautam ๐Ÿ”๏ธ retweeted
Something we never formally announced, but have worked on for years: Strata. It's the best solution to scaling Bitcoin (imo). -- Everyone has an opinion on scaling: soft forks, payments, big blocks, EVM, Simplicity, DeFi, privacy, do nothing, etc. The movement has outgrown a single answer. Fortunately, Strata can satisfy almost everyone at once. At its core, Strata is a shared bridge. A public good anyone can tap into. No change to Bitcoin required (though one wouldn't hurt). No EVM requirement. No new token. How it works, simply: Any scaling solution (we call them domains) can open a "ZK account" on Strata holding a BTC balance. Periodically it submits a ZK proof: "My scaling solution changed a bunch of user balances, here's unforgeable math showing I'm not lying." Strata verifies, updates the balance. Users on any domain can bridge in and out as they please. That's the whole requirement. Produce a valid ZK proof. Fortunately, ZK proofs are absurdly flexible, you can prove any computation. A privacy protocol, big blocks, micropayments, Simplicity, Ark. Literally whatever you want. We use it ourselves at @AlpenLabs: users do EVM stuff on our rollup Alpen โ†’ we generate a ZKP โ†’ updates our balance on Strata โ†’ settles to Bitcoin via Glock ("BitVM3 / Garbled Circuits"). Anyone else can do the same without ever touching Alpen. Full agency per domain: design your own VM, your own throughput trade-offs, your own sequencing. The best part is design choices from one team don't leak into anyone else's. So, if you hate the EVM, that's fine, don't use it. Build or use whatever you prefer, use the bridge as a public good. If different domains want to inter-op or share resources they can. But they don't have to! It's a really elegant design. -- For the technical crowd: Strata is a rollup on Bitcoin, so there is a Sequencer and DA element. The DA is very minimal because the big DA costs are decided by the individual domains. One domain can settle DA to Bitcoin, another could use a federation. The only DA Strata requires is posting the balances for each ZK Account (quite small), not the full state for each domain. Honest gotchas, for now: Strata's sequencer is a single entity today (decentralizing it is on the roadmap, nothing in the design prevents it). The bridge carries Glock's 1-of-N trust assumption: one honest participant prevents theft Not perfect. But strictly less trust than every wrapped BTC in existence. -- We have a high level visual here: alpen.org/#architecture Or you can check out the video explainer in the quote tweet.
๐Ÿ‘จ๐Ÿปโ€๐Ÿซ New Bitcoin Whiteboard - How to bring any scaling solution to Bitcoin Chapters 00:00 Bitcoin Scaling 02:00 ZKP's & Glock 08:00 SNARK Accounts 11:00 Strata as Orchestration Layer 15:10 Custom Execution Domains 17:37 Future Roadmap
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but coinbase's value from base is not just sequencer REV anymore it's become a financial-product monetization story base's REV over last 3 months (~$10M) is ballpark same as the origination fees made by coinbase on their btc-backed borrow product powered thru base
Crazy stat of the day: @RobinhoodApp Chain is the #1 @ethereum L2 by blockchain revenue, in just its first full month of being live ๐Ÿคฏ Robinhood Chain generated $3.6M in July revenue, ahead of notable names like @0xPolygon ($2.7M) and @base ($2.1M). Even crazier: Robinhood Chain alone accounted for 38% of ALL L2 revenue in July!
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add in potential revenue from base-powered earn/lending products, etc., and you start seeing that REV is missing the forest for the trees
Biggest @SteakhouseFi vault crossing $600M. @base still having close to 100bps premium.
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I love the charts on @Blockworks I think y'all should add a new metric to capture the real value of these fintech chains that includes new revenue enabled at the application layer like the examples above wdyt @MikeIppolito_
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On a related note, there's almost 2x more wrapped BTC (cbBTC) on Base than ETH up from 1x 6 months ago, 0.5x 12 months ago, etc. if you're an ethereum L2...pivot to bitcoin? l2beat.com/scaling/projects/โ€ฆ
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Context Is All You Need
Replying to @finkd
Muse Code runs specialized background agents that stay active your whole session, so they build up context over time instead of starting from scratch on every task. When a job is big enough, it fans out to separate sub-agents working in parallel in isolated worktrees. Your working copy is never touched. In testing we had it build six features for a game simultaneously with no collisions.
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