Bittensor's Quantum-Resistant Future | Const & Mark Jeffrey
In this episode of Novelty Search, Const is joined by Mark Jeffrey for an open discussion on Bitcoin, Bittensor's latest cryptographic developments, the future of decentralized AI, and the subnets beginning to generate real economic value. Const discusses upcoming changes to Bittensor wallets, including hash-based key protection, quantum-resistant signature schemes, and multi-signature security. They explore the risks posed by advances in cryptography and what it would take to protect blockchain networks against future threats. The conversation also examines Bitcoin's unique role as a decentralized reserve asset, the relationship between AI-driven abundance and monetary scarcity, and whether privacy features belong on Bittensor. Later, Const and Mark discuss the economics of decentralized compute, the growing importance of inference subnets, the challenges of GPU supply, and why Bittensor's strongest subnets may be approaching a turning point. **Topics covered:** - Bitcoin's role in the cryptocurrency ecosystem - Quantum threats and Bittensor's proposed wallet security upgrades - Hash-based wallets and post-quantum cryptography - Bitcoin, AI, and the future of wealth - Privacy versus transparency on Bittensor - Decentralized inference and GPU infrastructure - The role of the Opentensor Foundation - Subnet revenue, incentive mechanisms, and long-term growth **Chapters** 00:00 Introduction and an open-format Novelty Search 01:35 Jason Calacanis, Bitcoin and TAO 03:20 Why Bitcoin disrupted Silicon Valley 06:40 Bitcoin as the foundation of crypto 10:50 Gold, quantum computing and cryptographic threats 13:35 Why Bitcoin addresses are different 15:15 Bittensor's new hash-based wallet protection 18:05 Post-quantum signatures and multi-signature wallets 21:30 What wallet holders need to do 23:00 Bitcoin and AI: scarcity versus abundance 26:00 AI, wealth inequality and Bitcoin's neutrality 28:50 Why Bittensor isn't competing with Bitcoin 31:00 Should Bittensor introduce priv
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