Co-founder Figment. Drinking water, chopping wood. How do you know you are right?

Wilson, WY
Joined April 2008
LorienT retweeted
Alpenglow is now live on Solana mainnet. ⛰️ Finality just went from ~12.8 seconds to ~150ms. The biggest consensus upgrade in Solana’s history, built by @anza_xyz.
Alpenglow is live on mainnet-beta ⛰️ 🎉 Solana’s new consensus protocol: finality reduced from 12.8 seconds to 150 milliseconds, built by Anza. Why this is important 🧵
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LorienT retweeted
Figment is live on Alpenglow. ⚡
Alpenglow is now live on Solana mainnet. ⛰️ Finality just went from ~12.8 seconds to ~150ms. The biggest consensus upgrade in Solana’s history, built by @anza_xyz.
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LorienT retweeted
✨ Enterprise-Grade Crypto Staking is Here! ✨ INDODAX is proud to partner with Figment to bring secure, non-custodial crypto staking directly inside the INDODAX app for our 10.1M+ members! Turn your idle crypto holdings into consistent blockchain rewards on major networks like Ethereum (ETH) and Solana (SOL) with world-class institutional security!
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LorienT retweeted
Indonesia's largest exchange, @indodax, has selected @Figment_io to power staking for their users. Stake without giving up custody or running validators. Read more 👇 figment.io/insights/indonesi…
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News: JPM Coin (JPMD), @jpmorgan's USD deposit token, is now live on @ethereum. JPMD extends from Base to Ethereum L1, giving institutional clients native onchain cash that sits alongside the assets, collateral and counterparties they transact with already. J.P. Morgan has now added a cash leg to the products it already live on Ethereum mainnet, with tokenized money market funds MONY and JLTXX both already on the network. Ethereum is the home of onchain finance.
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“Being inoffensive, and being offended, are now the twin addictions of the culture.” — Martin Amis via the 5-Bullet Friday newsletter (tim.blog/fbf) from @tferriss
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LorienT retweeted
Our Q3 2026 @solana Validator Report is live: Solana changed more in Q3 than in any quarter this year. Target slot times fell, and the network now produces 60% more blocks per minute than it did in June. Throughout Q3, Figment’s validators absorbed the changes without interruption. Alpenglow is targeted to go live on mainnet later this month. Sub-second finality and shorter unstaking windows are the two changes institutional stakers should be watching. Read below as we break down what Q3 means for Solana stakers 👇 figment.io/insights/figments…
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LorienT retweeted
Our Q3 2026 @ethereum Validator Report is live: Throughout Q3, Figment ETH validators held a 99.99% participation rate vs. a network average of 99.66%, recorded 0 double-sign slashing events while the network saw 21, and averaged a 2.69% SRR against a network average of 2.63%. Ethereum’s next upgrade, Glamsterdam, is targeting late 2026. Read below as we break down what Q3 means for institutional Ethereum stakers 👇 figment.io/insights/figments…
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LorienT retweeted
CEO & Co-Founder @lorientree spoke at Ledger Op3n with @SanjaKon of @Circle and @sebadault, to discuss what a good trust model looks like. Congratulations @ledger for the launch of Ledger Atom™.
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Nature is healing. Thirty-three arrested in one op. Two point four billion in laundering traced. Three thousand wallets audited. Even when the worst happens, the money comes back. Ledger Atom drops today! thenationalnews.com/news/uae…
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LorienT retweeted
Figment was back in Singapore for Token2049 🇸🇬 Kenneth Lim joined a panel at HSC Asset Management’s side event on active capital vs passive liquidity. We also co-hosted a reception with TRIVE, BTSE and Fintonia Group for institutional leaders and founders.
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LorienT retweeted
A Proof-of-Stake network secures itself with the tokens staked to it. Validators commit that stake to validate transactions and produce blocks. The protocol rewards the providers doing it correctly, and penalizes the ones that aren’t. Our refreshed Staking guide, from @BradyOnchain 👇 figment.io/insights/the-role…
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If like CZ you think you know what the future of Ledger industry look like... But you also want to know what Ledger has to say about it and we prove CZ wrong 🤔🔥 Join us at Ledger Open ! Link below 👇
All hardware wallets must have see-through cases in the future. 🤷‍♂️
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Replying to @cz_binance
@cz_binance I am not the only one saying it 😅🔥
As I've said many times, this makes no sense and provides a false sense of security. It's a shame that so many credible voices are now advocating for clear cases. Implants will get more compact and can be trivially hidden behind/inside screens, inside batteries, or even fully replaced PCBs that appear identical. The only correct approach is intense active anti-tamper features that make it virtually impossible to open the device, alongside a mobile app or onboarding experience that requires customers to use a trusted device (like their phones) to verify the integrity of the hardware wallet.
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Impressive work from the recent math drops, the unit-distance counterexample, the sub-n log n multiplication result, and the 3SUM/APSP improvements are genuinely humbling for prior intuitions. That said, treating a classical ECDSA break in months as a planning baseline still looks like FUD. A practical private-key recovery attack on secp256k1 (or similar curves) on available hardware would not stay confined to Bitcoin and Ethereum. It would compromise TLS, code signing, most banking systems, and a large fraction of deployed public-key infrastructure at once. Hash-based schemes are attractive precisely because they minimize algebraic structure, but the same loss of mathematical intuition that motivates caution on curves also applies to hashes ;-) A calm hygiene improvement (avoiding address reuse after the first signature) is reasonable for large holders, and all good wallets incentivizes using new addresses. But calling for a “mass migration” would create operational mistakes that lose funds with higher probability than the scenario being mitigated. We already have a Post Quantum migration to execute, let's not add more confusion.
Today I call upon the blockchain industry to calmly begin planning for "bunker mode". My personal recommendation is to set in motion a controlled mass migration of assets to fresh addresses, i.e. addresses whose pubkeys remain hidden behind a hash. Holders, starting with large and sophisticated ones, should consider moving the bulk of their funds to addresses that have never signed a transaction. And when they do sign one, they should also move remaining funds to a new address (possibly generated from the same seed phrase). Don't rush. While I believe there is cause for action a rushed migration would do more harm than good. Don't panic either. Moving assets to protected addresses is a simple, preventative step which does not require new cryptography or new wallets. IMO it is now reasonable to brace for the possibility that ECDSA breaks before qday, in the worst case in months not years. By "break" I mean fast private key recovery (e.g. in one week) on available hardware (e.g. a large GPU cluster). Recent days have been humbling for human mathematical intuition. Long-held, unquestioned hypotheses have fallen. This includes the n log(n) bound for integer multiplication and the 3SUM conjecture. In hindsight, May's unexpected disproof of the Erdős unit distance conjecture was our warning shot. Yesterday's OpenAI drop made it clear that mathematical superintelligence is upon us. They say there are weeks where decades happen. We are about to live through weeks where centuries of mathematical progress happen. Could our magic 64-byte ECDSA signatures be too good to be true? Was it just security through obscurity all this time? Elliptic curves feel especially vulnerable to superintelligence. Curves carry rich structure, with room for fancy tricks like Schoof, Frobenius, pairings. (By contrast, hashes are designed to minimise algebraic structure.) Separately, as Ewin Tang can attest, an efficient quantum algorithm sometimes foreshadows an efficient classical one. We should be open to the possibility of a classical counterpart to Shor that breaks elliptic curves and RSA at once. Also noteworthy is the striking under-representation of cryptographic breakthroughs among the 722 mathematical results OpenAI published. I've witnessed first-hand the US government censoring academic quantum cryptanalysis results. Backroom interventionism is my base case. I urge large, sophisticated actors to lead by example. Project11's "risq list" (bitcoin-risq-list.projecteleven[.]com) is a great tracker of exposed BTC pubkeys. Binance, Bitbank, Robinhood, Bitfinex, and Tether have an opportunity to harden their cold storage. Next month I'll address institutions in London in a live Q&A (forum.ethereuminstitutional[.]org/london-2026). Again, please do not rush. Wallets holding under 50 BTC enjoy partial cover from "Satoshi's shield", i.e. his 20K exposed addresses that hold 50 BTC each. Load-bearing signers like oracles and L2 security councils should consider rotating ECDSA pubkeys with every signed message and/or multi-signing with a hash-based schemes like SPHINCS. Exiting bunker mode safely will require post-AI cryptography. My inclination is to go all-in on hash-based cryptography and avoid structured mathematical assumptions entirely, whether from curves, lattices, or isogenies. A single battle-tested hash (e.g. from the SHA or BLAKE families) yields plausible post-AI security. The Ethereum roadmap on strawmap[.]org fully embraces hash-based cryptography with end-to-end formal verification as a response to the quantum threat. Those timelines must now be revisited and accelerated in light of mathematical superintelligence. I'll be pushing for maximum defensive acceleration.
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LorienT retweeted
The team is in Paris for @Ledger Op3n 2026 on Oct 15. Whether you’re attending the event in person or virtually, tune into the “Trust at Machine Speed: The Changing Threat Model” panel with CEO & Co-Founder @lorientree at 4pm CEST.
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LorienT retweeted
Figment is heading to the Digital Asset Conference by Fasanara 🇬🇧 Click the link below to book a meeting with the team on the ground 👇 🔗 figment.io/meet-with-us-at-e…
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LorienT retweeted
Join @n_yushkevich Yushkevich and Tom Nicholls for the "Operator Question: How Validator Choice Shapes Staking Outcomes" roundtable hosted with @Solana_SRI. This discussion will cover where staking rewards come from, how block building and transaction ordering shape rewards, and what's changing with upcoming network upgrades. Register here: luma.com/HoS-Workshops-Figme…
Solana Research Institute Sessions are coming to the House of Sol 🇬🇧, and it's your chance to dive into the key topics governing the role blockchain & tokenisation will play in the evolution of financial products & services. Six workshops, Oct- Nov; sign up below:
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LorienT retweeted
Seoul was all about institutions this week, and Figment was in the room. 🇰🇷 Three panels across the @Official_Upbit Institutional Summit, @kbwofficial and Optimum's CODED, on institutional adoption and tokenization at scale. Thank you to our guests and @KODA_custody for a great evening to wrap up the week. Read more about how Figment and KODA have partnered to expand staking to South Korean institutions 👇 figment.io/insights/koda-par…
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LorienT retweeted
Figment is partnering with @KODA_custody to bring staking infrastructure to South Korea's institutions. KODA's clients can now earn staking rewards while their assets stay in regulated custody. Read more 👇 figment.io/insights/koda-par…
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