Software security, markets, and bitcoin cash. Working on $BCH and @Bitauth, previously @BitPay. Lead maintainer @ChaingraphCash, @Libauth, and @BitauthIDE.

New Hampshire
Joined November 2009
Jason Dreyzehner retweeted
Matthew Green
@matthew_d_greenOct 8
I’ve had a few people write to ask me to follow up on a (reply!) tweet I wrote that’s gotten a lot of retweets. I considered deleting it just to avoid the headache, but I think that would make people more paranoid. So let me share my thoughts.
Matthew Green
@matthew_d_greenOct 8
Replying to @kmad @matthew_pines
I think we might lose public key cryptography.
48
300
36
1,910
268,245
Jason Dreyzehner retweeted
Exactly one (1) person could make me nervous tweeting this. And there he is
Matthew Green
@matthew_d_greenOct 8
Replying to @kmad @matthew_pines
I think we might lose public key cryptography.
60
221
5
4,645
486,327
BCH Pod hits 10k Twitter followers.🔥🧨 Doubters once again in total disbelief.😮 Ty @patriotsounds for final push. 2/3rds progress to 1M (exponentially). 3.5y ago: Selene in quiet MVP dev.🤯 No BLISS, BLAZE, Bullet, ConsensusCash.🫨 100k next. BCH -> Global reserve currency💪
6 months ago, a ""skeptic, not troll"" was "willing to bet" in 6 months the show would have stopped or Youtube subs declined. Of course, they didn't actually put any money on the line - lucky for them cos today they'd have to pay up. Haters gonna hate. reddit.com/r/btc/comments/vg…
7
16
2
67
1,859
Jason Dreyzehner retweeted
Update: Coordinated Network Upgrade for Orchard transactions. The network upgrade is in progress. During this period, the Zcash network continues to run, and transparent and Sapling-shielded transactions are functioning normally. The Network Upgrade is specific to the mining of Orchard transactions. There is no evidence of any exploit. Your funds and privacy are safe. No user action is needed. Ecosystem-wide coordination includes deployment of both consensus nodes: zcashd, zebrad, as well as SDKs and other supporting infrastructure. As part of this coordinated rollout, several mining pools requested additional time to complete deployment and quality-control procedures, particularly given the need to coordinate teams and operators across multiple time zones. We anticipate that miners will begin accepting Orchard transactions again at approximately 23:00 EDT. Additional information will be shared when the upgrade is complete.
10
26
10
157
73,412
Replying to @DocumentingBTC
Because if the successor is a chainsplit of BTC, that's a PLUS not a problem. I.e. if BCH is the only chain that can flip BTC, it makes BCH a great buy and INCREASES confidence in it. Why? Because BCH holders would get chainsplit coins on BCH2 just like BTC holders did for BCH.
2
3
1
30
1,196
Jason Dreyzehner retweeted
Richard Brady (@rnbrady) showing off his BCMR Studio, allowing Cashtokens developers to easily add human-readable metadata to their tokens! #BLISS2026
1
12
43
756
Jason Dreyzehner retweeted
The 2026 #BitcoinCash upgrade is live!🤗🥳🎈😮‍💨
10
49
1,331
40 minutes waiting for a block. BCH simply won't win with 10 minute blocks. It's just not going to happen. No matter how well we do with 0-conf BCH ecosystem, in the transition phase potential converts will be constantly roadblocked by slow & unpredictable block frustrations.
9
4
1
47
2,323
Jason Dreyzehner retweeted
📃New article with @merzsp ! We present new algebraic techniques to attack the Poseidon2 and Poseidon2b 🧜🔱 hash functions. This is a class on 'Skipping Class', and how to make 15000$ in one day. 💸 (1/12)
8
32
4
109
12,551
It's true, UTXO model > accounts for privacy. It's even BETTER with cheap on-chain fees: - More frequent coin moves - Less address re-use - Better coin mixing (CashFusion > CoinJoin) And then you add on-chain scripting wins too. Research BCH.💚 xitter.cf/bitjson/status/1969073…
Replying to @bitjson @BitauthIDE
Endgame: Bitcoin Cash can consistently match or outperform "privacy coins" and other use-case-specific networks in the long term – on both transaction sizes and overall user experience. xitter.cf/bitjson/status/1884995…
1
10
47
1,038
Jason Dreyzehner retweeted
It was ten years ago when I first started hearing that Bitcoin was never intended for transactions but just for holding. The campaign for adoption ended and transactions became slow and expensive. New forms of permission-based payment systems rushed to fill the gap. This was a completely new claim, one that contradicted not only the white paper but all known monetary history: monies become such through widespread use. Suddenly we were hearing the opposite from people who had only recently dabbled in monetary theory and history. Let's say I had my doubts. One does wonder how much the market for Bitcoin as such can sustain its forever-rise reputation given the fundamental change in the meaning and purpose of the token. Meanwhile, useable tokens like Monero and even Bitcoin Cash have done well even while Bitcoin has suffered for a year now.
105
57
12
313
28,492
🧵The Ultimate "What's Going On With BCH?" Explanation Thread (summary & deep dive included) Confused people are noticing BCH price pumps or chatter on their feed and wondering what's going on, why is this suddenly happening? Is that you? I've got answers! Let's dive in:
7
44
12
127
20,590
5/ BCH is now the most powerful & efficient cryptocurrency in existence. - ✅2009 genesis - ✅PoW, 21m. - ✅No premine. - ✅EVM equivalent scriptability, but at 100x efficiency & 1 000x scalability (UTXO) - ✅Industry-leading quantum & privacy coming xitter.cf/bitjson/status/1969071…
Resharing Q&A from a dev team: "what is the status of Bitcoin Cash in terms of Bitcoin Script and the latest Bitcoin soft forks? SegWit, Taproot?" Me: BCH is computationally equivalent to ETH now, but BCH has significantly higher compute limits and lower fees. As of May 2025, almost anything can be compiled or ported to CashVM, and by May 2026, CashVM will effectively be a high-level language: arbitrary precision math, loops, functions, etc. In general, you can do anything with ECDSA-like compute density (CPU-per-byte) up to 100KB of code/data (in standard transactions, 1MB nonstandard). Pay for a bigger transaction, get more compute. (Re 2026 upgrade: many BCH stakeholders have already published lock-in approval statements – one of the 4 CHIPs had some contention earlier, but the disputing stakeholders have now endorsed that CHIP too. At this point, probably only discovery of an unfixable flaw would delay any of the 2026 CHIPs. Note that Nov 15 is the lock-in date + "chipnet" 6-month-early network upgrade, so after Nov 15, we'll be certain about which CHIPs are going into the May 2026 BCH upgrade.) For a demo, here's the LM-OTS post-quantum signature scheme implemented precisely according to RFC 8554 (NIST adopted) in pure Bitcoin (Cash) Script: blog.bitjson.com/quantumroot…. It's >2x more byte efficient than the WASM equivalent (I'll share more comparing them later) And performance wise, this is an example that e.g. is not possible to build on Solana. I wrote a bit more about that here: bitcoincashresearch.org/t/ch…, but TLDR: Solana's compute limits are too low per-byte + Solana's maximum transaction size is too small. BCH transaction validation is "embarrassingly parallel" to an absurd degree, so we were able to clean up the limits over the past few years to actually reduce the worst case validation performance from pre-2017 requirements (i.e. BTC nodes need higher specs than BCH nodes today) while expanding contract capabilities to ETH levels. BCH re-enabled many of the Satoshi opcodes + data signatures (from the stack) in 2018, a full set of introspection opcodes in 2022, native token primitives in 2023, and arbitrary precision math in 2025. The 2026 upgrade mainly improves code-factoring (trimming waste/duplication) vs. adding new capabilities. I picked that LM-OTS scheme as a technical demo since it hits several critical thresholds vs. ETH and SOL. On BCH, these Quantumroot transactions are actually faster-to-validate-per-byte than "payments only" Bitcoin Cash transactions have been since 2009 (and likewise vs. BTC transactions). Re screenshot: is an in-browser IDE (@BitauthIDE) I've built over the past few years. I'll be working a lot more on it this year (finally) now that CashVM is relatively feature complete – there's a lot more multi-transaction system design, invariant testing, constraint solving, symbolic execution, etc. capabilities I'd like to add. Re BCH opcodes: not sure if there are any websites with pretty tables (maybe I should build one), but here's a full listing with descriptions I wrote – today's opcodes (last addition 2023): github.com/bitauth/libauth/b… and the 2026 additions (loops, functions, and some additional bitwise ops): github.com/bitauth/libauth/b… Re language: Bitauth IDE includes a very basic language and compiler I call "CashAssembly" that compiles to CashVM bytecode – it's just a way of writing raw data and opcodes with some basic variable support and other features. It's essentially what you see on the old Bitcoin wiki, but with some lossiness cleaned up. The BCH space has other high-level languages too – CashScript is a JS-like stack (loops pending: github.com/CashScript/cashsc…) and AlbaDsl is a really promising Haskell DSL. Remember though that Satoshi based the Bitcoin Script language on Forth (a high-level language of its own) – it's honestly great for building substantial applications from many small modules. For heavy applications like ZK proof verification, it's hard to beat the low-level control of CashAssembly right now. I made lots of performance improvements to Bitauth IDE while working on Quantumroot, and I'll be happy to help fix any perf issues as your application grows. Bitauth IDE has lots of built-in testing capabilities too, so I'm happy to help you set up "tested scripts" with scenarios and such. I wrote more about testing CashAssembly here recently: t.me/bitauth_ide/1627
2
15
2
71
3,853
Jason Dreyzehner retweeted
Bitcoin Cash (BCH)
@BitcoinCashOGJan 7
ZK Devs assemble! @bitjson's Jan 2026 Post-Quantum ZK Leaderboard is out – and he's looking for a prover that's: 🥷Truly zero-knowledge ⚛️Quantum-ready ⚡️Succinct (<100KB). This is the key to ultimate privacy on Bitcoin Cash: Shielded txns, instant IBD, offline proofs! Think you can help? Post a comment under Jasons post! 🥷⚛️⚡️ #BitcoinCash #ZKProofs #CryptoPrivacy
January 2026: no one has built a ZK prover that is: 🥷 Actually zero-knowledge, ⚛️ Quantum ready, and ⚡️ Reasonably succinct for one-off proofs (<100KB). This is a feature request from a future enthusiastic user/supporter 🚀 Post-quantum ZK Leaderboard: 1. @NeptuneCash's Triton VM: ✅ zero-knowledge ✅ quantum ready ⚠️ min. proof: ~345KB 2. @0xMiden VM: ⛔️ privacy leaks ✅ quantum ready ✅ min. proof: ~33KB 3. @Starknet's Stwo: ⛔️ privacy leaks ✅ quantum ready ✅ min. proof: ~64KB (All at ~96 bits soundness) Am I missing any post-quantum ZK projects? Any smaller proof demos?
3
14
59
1,599
Thanks for the recognition, Jason! Neptune Cash's Triton VM prioritizes strong zero-knowledge properties and post-quantum security. Proof sizes aren't free, but they're being actively optimized. As post-quantum ZK gains momentum, Neptune Cash is helping shape where the space is heading.
January 2026: no one has built a ZK prover that is: 🥷 Actually zero-knowledge, ⚛️ Quantum ready, and ⚡️ Reasonably succinct for one-off proofs (<100KB). This is a feature request from a future enthusiastic user/supporter 🚀 Post-quantum ZK Leaderboard: 1. @NeptuneCash's Triton VM: ✅ zero-knowledge ✅ quantum ready ⚠️ min. proof: ~345KB 2. @0xMiden VM: ⛔️ privacy leaks ✅ quantum ready ✅ min. proof: ~33KB 3. @Starknet's Stwo: ⛔️ privacy leaks ✅ quantum ready ✅ min. proof: ~64KB (All at ~96 bits soundness) Am I missing any post-quantum ZK projects? Any smaller proof demos?
1
8
623
it's true, taproot is uniquely quantum vulnerable: "Taproot is uniquely quantum vulnerable – even more than typical single-signature wallets (P2PKH). P2PKH addresses are quantum-vulnerable only at spend time, and could be made quantum-secure (via an upgrade) without moving funds. On the other hand, all Taproot addresses leave a quantum-vulnerable master public key exposed on-chain, enabling long-running attacks and theft by the earliest cryptographically-relevant quantum computers (CRQCs)." blog.bitjson.com/quantumroot…
Are users concerned over quantum? Since 2024, use of Taproot (the latest format) has declined from 42%→20%. I've NEVER seen the latest format losing adoption before. Taproot is Quantum Vulnerable, while older Segwit and Legacy are not.
6
3
26
5,931
Once again, a bank run turn up an exchange with all kinds of "technical issues" or "network problems" excuses. BCH is running fine & everyone knows it. They simply do not have the BCH. Maybe in 2026 we can blow up one of these frauds. The bank runs will continue!
@coinexcom cancelled my withdrawal after 3 hours stating "bch wallet synchronization issues". Weird that I can withdraw 1/5th the amount just fine.
3
10
1
64
1,895
I would like to see BCH succeed. Permissionless digital money matters for human liberty. Four suggestions: 1) Internalize Gresham's Law. Using BCH (or gold backs, or...) to pay for goods and services in New Hampshire makes little sense outside of symbolic activism, which is not a path to success (sorry). Focus on the adoption of BCH in markets where it can succeed for practical reasons, not ideology. This could mean gray or black market activity, and that's fine. 2) The Canadian Trucker Problem. The ability to anonymously, reliably, and safely convert cryptocurrency to paper cash is worse than it was five years ago. This is existential. If you want to be the de facto digital currency, this problem must be solved. 3) Marketing > Technology. Winning as a digital currency is a more about mindshare than it is your tech stack. An inferior technology that wins the market can catch up on technology more easily than a superior technology can catch up on inferior market share. 4) Horizontal Adoption > Everything. Ignore the price. Ignore whales and large bag holders. The goal is to get as many people to own and be capable of using a small amount of BCH as possible. Everyone should have a bit of cryptocurrency for the same reasons one has a fire extinguisher or a gun. If you win here, you win in the long run. Best of luck!
Replying to @jeremykauffman
Peer-to-peer freedom money return arc? The @FreeStateNH needs freedom money more than ever. The diaspora set us back, but now we have: - Restored Bitcoin Script (CashVM), - Censorship-resistant stablecoins, - Category 5 post-quantum vaults, - Cheaper to run a node than BTC, - 1000x lower L1 fees than ETH, - CashFusion volume >21M BCH since 2019, - Post-quantum ZK privacy (BCH and CashTokens) in development as on-chain contracts, no further consensus upgrades needed - On track to becoming inflation free – security budget paid by large volume + low fees (meanwhile, BTC is on track to inflate past 21M, if not already via rehypothecation) - Fell out of top 30, now clawed back to top 10 crypto assets BCH today is like early days ETH, but without the MEV and censorship layers, and fees don't explode when traffic increases. BCH easily handles 100% of real-user traffic in the top 10 networks, today, with sub-cent fees. (Did you know that the majority of on-chain traffic today is bots scalping users? Not on BCH: writings.flashbots.net/mev-a…) The Bitcoin you helped to build is back from the dead. You can just build things 🚀 A recent summary of BCH's dev ecosystem: xitter.cf/bitjson/status/1969071…
13
16
4
111
12,890
Another day winning.
2
12
54
1,712