The Delphi Podcast

Join Tommy Shaughnessy as he speaks with Nic Carter, partner at Castle Island Ventures, about his deep dive into the existential threat quantum computing poses to Bitcoin. After six months of intensive research and discussions with Nobel Prize-winning physicists, Nic breaks down why the "quantum threat" has moved from theoretical FUD to a material risk that the Bitcoin community is currently unprepared to face.They explore the "Q-Day" timeline, the vulnerability of Satoshi’s 2 million BTC, and the urgent need for a migration to post-quantum cryptography. Can Bitcoin’s rigid governance survive the most significant technical challenge in its history, or will sovereign nations and private firms reach the coins first?🎯 Key Highlights▸Why Nic stepped away from podcasts and TV to focus on precise technical writing.▸The 2025 Quantum Inflection: Why 2025 was a record year for quantum investment.▸The Trillion Dollar Bug Bounty: The "unsolvable" problem of Satoshi’s P2PK addresses.▸Why Bitcoin developers implemented Taproot without making it quantum-resistant.▸Defense in Depth for BTC: The technical hurdles of implementing post-quantum signature schemes and the potential for a mandatory "migration" period.▸How the U.S.–China rivalry mirrors the 1939 race for the atomic bomb.▸Applying maritime law to the potential "theft" of ancient Bitcoins by private firms like IBM or Microsoft.▸Scoring the Bitcoin core developers’ preparedness at a 1/100.💡 Want to stay updated with the latest in crypto & AI? Hit subscribe and the notification bell! 🔔🧠 Follow the Alpha▸ Nic Carter Twitter: @nic_carter🔗 Connect with Delphi🌐 Portal: https://delphidigital.io/🐦 Twitter:   / delphi_digital  💼 LinkedIn:   / delphi-digital  🎧 Listen onSpotify: https://open.spotify.com/show/62PR1Ri...Apple Podcasts: https://podcasts.apple.com/us/podcast...Youtube:    / @delphi_digital  Timestamps00:00 — Miami loafers and Nic’s return from podcast retirement 01:50 — The 4-part series on Quantum’s risk to Bitcoin 03:00 — Why "Quantum FUD" is actually quality risk assessment 04:30 — 2025: The year the consensus among physicists shifted 07:30 — Probability of a quantum break: 70-80% by 2035 10:00 — Defining Quantum vs. Classical: Probabilistic states and entanglement 15:30 — Physical vs. Logical Qubits: The importance of fidelity thresholds 20:00 — Risk #1: The 2 million BTC sitting in Satoshi’s original wallets 24:00 — Risk #2: Address reuse and the vulnerability of Taproot 28:30 — The "Y2K" of Bitcoin: Working backward from Q-Day 34:00 — The 1/100 preparedness score for Bitcoin Core 40:00 — Geopolitical scenarios: Will the US government requisition the coins? 44:00 — The 1939 Parallel: Secret research and the race for "facile material" 48:00 — How an IBM/Microsoft "theft" would look on-chain 53:30 — Why ETH and Solana may have an easier path to upgrading 59:00 — Maritime Law: Shipwrecks, the Titanic, and "finds" in Bitcoin 01:05:00 — Final outlook: Biting the bullet vs. pleasant fantasiesDisclaimerThis podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token.

Join Tommy Shaughnessy as he speaks with Mike McCormick, founder of Halcyon, about the urgent intersection of AI acceleration and safety. Mike shares his path from venture capital to launching a hybrid nonprofit–fund model focused on securing advanced AI systems. They dive into mechanistic interpretability, global competition for AGI, and what a safe superintelligence future could look like. Can we build superintelligence safely? How do we balance innovation with existential risk? And what happens to humanity when AGI arrives?Halcyon Futures: https://halcyonfutures.org🎯 Key Highlights▸ Leaving VC to focus entirely on AI safety and security▸ Why Halcyon flipped the model: nonprofit first, fund second▸ Multi-layered “defense in depth” approach to AI biosecurity & cyber risk▸ The acceleration vs. safety debate — finding middle ground▸ Good Fire case: career grants into interpretability research▸ The 2×2 dilemma — speed vs. slowdown, centralization vs. decentralization▸ U.S.–China dynamics and fast takeoff scenarios▸ AI underwriting: how insurance can drive safety standards▸ Founder-market fit and mission orientation in AI startups▸ Risk, diffusion, and the uncertain path to AGI💡 Subscribe for more crypto & infrastructure insights! 🔔🧠 Follow the Alpha▸ Mike's Twitter: @MikeMcCormick_▸ Halcyon's Twitter: @HalcyonFutures🔗 Connect with Delphi🌐 Portal: https://delphidigital.io/🐦 Twitter: https://x.com/delphi_digital💼 LinkedIn: https://www.linkedin.com/company/delphi-digital/🎧 Listen onSpotify: https://open.spotify.com/show/62PR1RigLG2YN5Pelq6UY9?si=18ac7ccf36ab4753&nd=1&dlsi=50105fd66e6c4124Apple Podcasts: https://podcasts.apple.com/us/podcast/the-delphi-podcast/id1438148082Youtube: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43QTimestamps00:00 — Mike’s background & pivot to AI safety03:00 — The realization: AGI could change everything05:00 — Why VC wasn’t enough to solve the problem06:00 — Halcyon’s hybrid model and early mission08:00 — AI security concerns: misuse, bio, and control12:00 — Defense in depth: pre-training → deployment15:00 — The creativity vs. restriction trade-off17:30 — Pause AI vs. Build Baby Build20:00 — Speed vs. centralization: the 2×2 framework24:00 — Good Fire: career grants & interpretability27:00 — Writing to neurons: alignment and insight30:00 — How insurance markets can enforce safety36:00 — Mission-driven founders & conviction filters44:00 — Geopolitical race: U.S., China, and compute50:00 — Diffusion limits, adoption, and energy costs57:00 — Mass unemployment and meaning after AGI01:05:00 — What “winning” AGI means for humanity01:12:00 — Critical thinking, sycophantic AI, and engagement traps01:20:00 — UBI, adaptation, and new work paradigms01:30:00 — Three AGI futures: scale, shift, or stall01:36:00 — 20% catastrophic risk & asteroid analogy01:40:00 — Final message: talent is upstream of everythingDisclaimerThis podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast.

Join Ashwath Balakrishnan and Neel Daftary as they explore the future of DeFi infrastructure with Connor Howe, co-founder of Enso. After nine years of building in crypto, Connor has created what he calls "the shortcut to building on-chain applications" - a developer tool that abstracts away the complexity of integrating with hundreds of DeFi protocols. From powering Berachain's $3.1 billion launch to enabling developers to reduce build times from seven months to just days, Enso is positioning itself as the Unity engine for Web3.Enso: https://www.enso.build🎯 Key Highlights▸ Connor's nine-year journey from writing Solidity in Mist Wallet to building crypto infrastructure▸ How Enso powered Berachain's $3.1 billion DeFi launch behind the scenes▸ Reducing developer build times from 7 months to 1.5 days through abstraction▸ Why crypto needs more apps (4,800) than blockchains (1,000+) for mass adoption▸ The "fat engine thesis" - how abstraction layers will control blockchain routing▸ Enso's upcoming network model: action providers, grafters, and validators▸ The "Enso Drop" - accessing 370+ potential airdrops through network participation▸ Security through simulation: 4ms response times vs industry standard 2.6 seconds▸ Chain abstraction vs. application abstraction: the real path to user adoption▸ Why product beats paper in crypto's current critical juncture💡 Subscribe for more crypto & AI insights! 🔔🧠 Follow the Alpha▸ Connor's Twitter: @connor_enso▸ Enso's Twitter: @EnsoBuild🔗 Connect with Delphi🌐 Portal: https://delphidigital.io/🐦 Twitter: https://x.com/delphi_digital💼 LinkedIn: https://www.linkedin.com/company/delphi-digital/🎧 Listen onSpotify: https://open.spotify.com/show/62PR1RigLG2YN5Pelq6UY9?si=18ac7ccf36ab4753&nd=1&dlsi=50105fd66e6c4124Apple Podcasts: https://podcasts.apple.com/us/podcast/the-delphi-podcast/id1438148082Youtube: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43QTimestamps00:00 — Intro: Connor Howe, Enso co-founder01:15 — Nine years building in crypto: from Bitcoin to Ethereum03:00 — Early DeFi development challenges and the birth of Enso05:00 — Chain abstraction vs. application abstraction philosophy08:30 — Serving 8% of Web3's developer mindshare (2,250+ developers)11:00 — Berachain's $3.1B launch: Enso's behind-the-scenes role13:15 — AI agents, automation, and new use cases emerging15:00 — Reducing build times: from 7 months to 1.5 days case study17:30 — Security through simulation: 4ms response times21:30 — Why we need products people actually want to use23:15 — New developer onboarding trends and product directions26:30 — The Enso Network: action providers, grafters, validators30:00 — Self-service protocol integration and scalability33:00 — Enso vs. Yearn comparison and strategy differences35:15 — Network economics and fee distribution mechanisms39:00 — Upcoming TGE and token utility design41:00 — The "Enso Drop": accessing 370+ protocol airdrops42:00 — Developer relations strategy: YouTube, universities, incubators45:15 — Keeping developers away from crypto Twitter for innovation47:15 — Fat protocols vs. fat apps: the abstraction layer thesis51:30 — "Product beats paper" - crypto's critical junctureDisclaimerThis podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token.

Join Alex Golding as he sits down with Austin Federa, Co-founder of DoubleZero, to explore how they're building permissionless high-performance fiber infrastructure that could revolutionize blockchain performance. Austin shares the technical vision behind creating a parallel internet for distributed systems, starting with Solana validators as their initial market.DoubleZero: https://doublezero.xyz🎯 Key Highlights▸ The internet bottleneck: why high-performance blockchains are hitting infrastructure limits▸ Building a parallel internet with dedicated fiber, FPGAs, and multicast technology▸ Proof of utility: weaponizing greed and capitalism for positive-sum network outcomes▸ 16% of Solana network already running on testnet despite limited infrastructure▸ Technical deep-dive: signature verification, packet deduplication, and jitter reduction▸ Token economics and bandwidth contribution models vs traditional staking▸ Long-term vision: replacing IP addresses with public-private key routing💡 Subscribe for more crypto & infrastructure insights! 🔔🧠 Follow the Alpha▸ Austin's Twitter: @Austin_Federa▸ DoubleZero's Twitter: @doublezero🔗 Connect with Delphi🌐 Portal: https://delphidigital.io/🐦 Twitter: https://x.com/delphi_digital💼 LinkedIn: https://www.linkedin.com/company/delphi-digital/🎧 Listen onSpotify: https://open.spotify.com/show/62PR1RigLG2YN5Pelq6UY9?si=18ac7ccf36ab4753&nd=1&dlsi=50105fd66e6c4124Apple Podcasts: https://podcasts.apple.com/us/podcast/the-delphi-podcast/id1438148082Youtube: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43QTimestamps00:00 — Intro: Austin Federa and the internet bottleneck problem02:00 — Building a parallel internet for distributed systems06:00 — The Firedancer project and million TPS potential09:15 — Technical architecture: fiber, FPGAs, and multicast technology13:30 — Signature verification and packet deduplication explained17:15 — Proof of utility: Shapley values and economic incentives23:45 — Validator onboarding and network connection process29:30 — Testnet success: 16% of Solana network adoption33:15 — Latency, jitter, and bandwidth improvements explained39:00 — Token economics: 2Z token and payment models44:45 — Access models vs staking requirements for enterprises51:30 — Validators.app badges and network transparency59:15 — Governance roadmap: from mainnet beta to full decentralization01:05:45 — Long-term vision: replacing IP addresses and DNS01:09:15 — Lightning round: most misunderstood aspects01:12:30 — Five-year vision: parallel internet for high performance systemsDisclaimerThis podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast.

Join José Maria Macedo as he co-hosts with Matt O'Connor from Legion and Filip Wielanier from Cookie3 to explore "Attention Capital Markets" - revolutionizing token distribution by linking social influence with capital commitment. Fresh off Legion's funding from VanEck and Brevan Howard, discover how they're moving beyond airdrops to merit-based investing that rewards genuine community builders.Legion: https://legion.ccCookie3: https://www.cookie3.com🎯 Key Highlights▸ Legion's funding: VanEck and Brevan Howard backing crypto innovation▸ Attention Capital Markets: Linking mind share with financial commitment▸ Cookie3's attribution tech: Measuring on/off-chain value creation▸ Merit-based token distribution vs "whoever pays most"▸ Almanac case study: 400% oversubscribed using attention metrics▸ Retail investor access beyond accredited gatekeeping▸ IPO/ICO convergence on-chain infrastructure▸ Data-driven distribution with Web2 sophistication▸ Fighting airdrop farmers with genuine supporter identification▸ SEC progress toward disclosure-based regulation▸ Creator monetization through tokenized influence▸ Mobile-first social trading infrastructure💡 Subscribe for more crypto & AI insights! 🔔🧠 Follow the Alpha▸ Matt's Twitter: https://x.com/mattytokenomics▸ Filip's Twitter: https://x.com/fwielanier🔗 Connect with Delphi🌐 Portal: https://delphidigital.io/🐦 Twitter: https://x.com/delphi_digital💼 LinkedIn: https://www.linkedin.com/company/delphi-digital/🎧 Listen onSpotify: https://open.spotify.com/show/62PR1RigLG2YN5Pelq6UY9?si=18ac7ccf36ab4753&nd=1&dlsi=50105fd66e6c4124Apple Podcasts: https://podcasts.apple.com/us/podcast/the-delphi-podcast/id1438148082Youtube: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43QTimestamps00:00 - Introduction and Legion funding announcement01:15 - Matt O'Connor: TradFi to crypto token design03:00 - Filip Wielanier: Cookie3's attribution mission04:30 - Capital attribution in Web3 vs Web207:30 - Attention Capital Markets explained09:00 - MicroStrategy analogy: Money where mouth is11:00 - Almanac presale implementation13:30 - Legion scoring and merit-based selection16:00 - Current ICO problems17:30 - Merit-based investing vision21:00 - IPO/ICO convergence outlook25:00 - Market effectiveness through tokenization28:45 - Information markets and creator influence32:30 - SEC regulatory progress37:00 - Regulation compliance concerns40:30 - Retail protection vs access43:00 - Project funding selection problems45:30 - Pseudonymous contributors vs VCs48:00 - "Nanny state" and risk-taking52:30 - Cookie3 roadmap54:30 - Proof of humanity considerations55:30 - Cooperative network ownership58:00 - Platform locations59:30 - Closing thoughtsDisclaimerThis podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token.