GM Builders. 🚧 

Welcome back to the BW3 newsletter! Hope your week started smoother than FTX's bankruptcy hearings. Let’s jump out of the trenches before another meme coin (or exchange) rugs us all. 😂 

Here’s the line up today:

• What to watch this week 👀 

• Will Quantum kill crypto? 🤔 

• Building on Solana 🚦 

• Meme City 🏙️ 

WHAT TO WATCH FOR THIS WEEK 👀

The final stretch of the year is here, and the markets are heating up. Here’s what’s on the radar for the week:

1. Economic Data Galore 📊

This week is packed with key economic releases that could ripple through traditional and crypto markets:

• Monday: NY Fed Consumer Inflation Expectations.

• Wednesday: OPEC Monthly Report and CPI Inflation Data.

• Thursday: PPI Inflation Data and Initial Jobless Claims.

• Friday: US Import/Export Price Index.

With the December Fed meeting on the horizon, these reports will likely shape expectations for the next 25 bps rate cut. All eyes on CPI data Wednesday and on how the market will react.

2. Token Generation Events (TGEs) and Presales 🚀

Projects like Magic Eden ($ME) and $LINGO are creating buzz in the crypto space with their upcoming launches. These TGEs could bring volatility and trading opportunities. Stay tuned for:

• Launch day volume.

• Price trends post-TGE.

3. $1.33B Long Liquidation Aftermath

Over $1.33 billion in longs were liquidated—one of the largest events of the year. Markets remain on edge. Remember: RELAX & chill before even thinking about catching a falling knife. 🔪 

TL;DR

Inflation data, TGEs, Bitcoin's big levels, and liquidation aftermaths set the stage for an action-packed week. Buckle up, builders—it's going to be a wild ride.

WILL QUANTUM COMPUTERS KILL CRYPTO? 🤔

Bitcoin took a dip today, and some are pointing fingers at Google. 🫵 🤡 

The tech giant’s CEO announced significant progress in quantum computing with the unveiling of Willow, a 105-qubit quantum computer with improved error rates. Naturally, this sparked fears about Bitcoin’s cryptographic defenses—and the broader future of crypto.

But is there really cause for alarm?

The Quantum Apocalypse Debate

If quantum computing cracks Bitcoin, it won’t just be a crypto problem—it’ll be a digital apocalypse. The very foundation of modern society’s security would collapse, compromising:

☠️ Online banking.
☠️ Credit card networks.
☠️ Stock markets.
☠️ Government financial systems.
☠️ SWIFT transfers.
☠️ Blockchain and crypto.
☠️ Even critical infrastructure like nuclear power plants and airplanes.

This isn’t just a Bitcoin issue—it’s an everything issue.

Google Willow Quantum vs Bitcoin Encryption 🧬

Today, Google’s Willow Quantum Computer announcement triggered speculation, but here’s the reality:

🚫 Short Answer: Bitcoin is safe.

Why Bitcoin’s Cryptography Remains Secure:

🔒 Bitcoin’s Two Core Encryption Systems:

1️⃣ ECDSA 256 (Digital Signatures)

• Vulnerable to Shor’s Algorithm, but cracking it requires millions of qubits.

• Willow’s 105 qubits? Not even remotely close.

2️⃣ SHA-256 (Proof of Work)

• Could theoretically be attacked with Grover’s Algorithm, which reduces brute force from 2²⁵⁶ to 2¹²⁸.

• Even so, it still needs millions of qubits to pose any real threat.

The Bottom Line

Yes, Google’s quantum computing advancements are impressive, but Bitcoin and the broader crypto ecosystem remain secure—for now.

The reality is that it will take decades and exponential leaps in quantum power to pose a meaningful threat. By then, Bitcoin will likely have adapted its cryptographic standards.

For now, relax, HODL, and keep an eye on the tech. 🚀

BUILDING ON SOLANA 🚦 

Missed today’s episode of Building Web3? Don’t worry—we’ve got you covered. This episode, Jax sat down with Nick, a Developer Advocate at the Solana Foundation. With one goal in mind… Talk the latest innovations, challenges, and opportunities in the Solana ecosystem.

Highlights From the Episode:

1️⃣ Developer Advocacy in Action:
Nick shares how his career began with a single tweet responding to Solana's call for help with developer docs. Fast forward, and he’s now a key advocate driving developer adoption at one of crypto's fastest-growing blockchains.

2️⃣ Solana’s Secret Sauce:
What draws developers to Solana? Its unmatched speed, low costs, and powerful tooling—like Rust programming and Solana’s modular scaling solutions—make it a top choice for builders.

3️⃣ Scaling Without Sacrificing UX:
Solana's philosophy? Keep one global state to avoid fragmented user experiences and liquidity issues. With innovations like FireDancer (a new validator promising 1 million TPS), scaling on Solana is reaching new heights.

4️⃣ Introducing Blinks:
Nick breaks down Blinks, a game-changer for decentralized applications. Think of them as blockchain links—standardized APIs that let devs skip the front-end hassle and deliver seamless user experiences.

5️⃣ Opportunities for Builders:
Whether in payments, consumer-facing apps, or creative tools, Solana’s ecosystem offers fertile ground for innovation. Nick emphasizes that abstracting crypto complexities can unlock mass adoption.

Key Takeaways for Developers:

Solana is rapidly evolving, but one thing remains constant: the focus on delivering a smooth and efficient developer experience. Whether it's scaling through modular validators or enabling faster project launches with tools like Blinks, the ecosystem is primed for builders who want to innovate.

🎧 Want to hear more?
Tune in to the full episode 👇️ 

MEME CITY 🏙️ 

Until Next Time Builders! 🏗️ 

Keep your Solana clean and your ETH greasy 🛢️ 

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