Quick heads-up if you're building on QMS Testnet:
The `safe` and `finalized` block tags currently return the genesis block, since the finality layer isn't enabled yet.
If your scripts wait for `finalized`, they could get stuck waiting or read the genesis state instead.
For now, use block confirmations.
More details in the docs: docs.qms.finance/for-develop…
QMS Testnet has now crossed 30 million transactions and 4 million wallets.
It’s been great to see so many of you exploring the network, trying things out, and sharing your feedback.
Thanks for being here and helping us make QMS better. Onwards~
Last week, we launched the QMS Builder Program to welcome more teams building on QMS.
Whether you're working on DeFi, trading, stablecoins, post-quantum smart accounts, AI agents, compute, or developer tooling, we'd love to hear from you.
Selected teams get direct access to the core team, priority technical support, and opportunities for further assistance as their projects grow.
Cohort I applications are open until November 18.
You can find more details and how to apply below:
QMS mines like Bitcoin, with one big change: what goes into the lottery.
Bitcoin: hash the block over and over, changing one number each time, until a result comes out low enough.
QMS: work on an optimization problem, hash your current answer at regular intervals, and a low enough hash wins.
The plan is for that work to be on problems clients pay to solve.
“Anything that’s expensive to compute but cheap to verify.”
One of you summed up useful work better than most pitch decks.
Last week, we asked what QMS miners should work on, and here are some of our favorite answers:
→ Materials and protein simulations
→ Cargo loading with weight and space constraints
→ Portfolio optimization under real-world constraints
Portfolio optimization is the first problem class planned for the QMS marketplace (white paper, Section 8). There's no known shortcut to finding the best allocation, but checking whether a proposed solution meets the client's constraints is much easier.
The white paper also explores what could come next: AI trading agents, staking pools, and treasury allocations.
Which would you like to see miners tackle next?
Bitcoin mining has one job: securing the network.
QMS is designed to give that same computing power a second job.
Two revenue streams from one computation.
A solver could earn a block reward and get paid by a client for solving a useful problem, all from the same run.
The client marketplace is planned for v2. For now, you can explore the random problems solved in each block on the QMS Testnet Explorer.
One month in, QMS Testnet has surpassed 28M transactions and 4M wallets.
Thanks to everyone who’s been trying things out and joining the conversation. Here’s a look back at October:
• Our first AMA with CTO @Christopher_QMS
• QMS Builder Program Cohort 1 applications opened, with time to apply until Nov 18
• New test-token pools on @QWAP_xyz
• Quanta challenges for Discord rewards
Catch up on the full update below:
Building on QMS Testnet? A quick heads-up:
The next testnet is expected around early December, possibly sooner. It'll reset the chain, so you'll need to redeploy any smart contracts you've deployed so far.
Keep your deploy scripts and config handy to make redeployment easier.
A quantum roadmap should tell you whether you’ll need a new wallet or a new account.
NIST says past cryptography migrations took 10–20 years, and quantum hardware firm Alice & Bob’s new Bitcoin key attack estimate still depends on hypothetical hardware. That leaves developers with a practical job today: show one existing holder’s route through the upgrade, naming what changes, who delivers it, and what the holder must do.
More details below:
1️⃣ @NIST says past cryptography migrations took 10–20 years.
On 27 October, the US standards agency finalized its transition plan. It describes that time from standardization to full integration, including changes to software, hardware, services, and user interfaces.
Quantum-vulnerable digital signatures will be deprecated after 2030 and disallowed under NIST standards after 2035. The most sensitive federal systems have an earlier signature deadline: the end of 2031. These are not universal blockchain deadlines. For developers, the useful comparison is between an algorithm being available and people actually using it.
2️⃣ @Alice__Bob estimate an hour to recover a Bitcoin signing key on hypothetical hardware.
A 28 October preprint estimates that recovering a key from its public key on Bitcoin’s curve, secp256k1, would require at most 30,000 physical cat qubits, a type of quantum computing hardware, and one hour. The Bitcoin calculation is less detailed than the paper’s main result.
It assumes very fast error correction and effectively no bit-flip errors. The attack has not been demonstrated, and the estimate gives no year when it could happen.
Our view: because migration takes time, the roadmap should already answer a holder’s practical questions. Will their address change? Is a wallet update enough? What happens to the old signing key?
Devcon kicks off tomorrow.
If you're building onchain, applications for the QMS Builder Program Cohort I are open until November 18.
Selected teams get a dedicated Discord channel with the QMS core team, priority technical support, and potential introductions to investors and partners.
Already building on the EVM? You can deploy your existing contracts on QMS Testnet without changing your code. And you don't need a finished product to apply.
We'd love to see what you're building! Apply now on our website.
NIST finalized its post-quantum transition plan this week.
Quantum-vulnerable signatures: deprecated after 2030, disallowed after 2035.
Quantum resistance is becoming the baseline, so what else is your chain built to do?
Our answer is Proof of Useful Work: consensus designed so the compute securing the network goes to optimization problems clients pay to solve.
NIST just set the floor. What a network does with its compute is where chains will compete for the next decade.
Every swap and LP position on QWAP is a transaction on the QMS Testnet.
New pools are open, add them back and keep testing.
New pools are live!
Removed liquidity from the old USDT, USDC, WBTC, or WETH pools? You can now add it back to the new ones.
New to QWAP? Come try adding liquidity on our testnet: testnet.qwap.xyz
The QMS Builders Program is here, and applications for Cohort I are now open!
What kind of apps are you most excited to see teams build on QMS?
Most chains treat quantum hardware as something to defend against.
QMS is designed to put it to work.
See details in our white paper, section 4.1: docs.qms.finance/whitepaper








