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Created February 28, 2021

R&D Update: Establishing Mathematical Foundation of LN-QUBO v0.1

Phase

Current Phase
I. Foundation Research: LN-QUBO v0.1 Mathematical Model (Fees and Hop Count) Defined, Office Contract, R&D Infrastructure Construction, Advantage 4.1 8, Bitcoin Price Reached All-Time High

Technical Milestones

Key Activities
We completed the mathematical foundation of LN-QUBO v0.1, defining the initial cost function that focused on two primary objectives: fee minimization and hop count reduction. The mathematical model was designed to encode LN routing decisions as binary variables in a QUBO matrix, where each potential path through the network could be represented as a binary choice (use path or not). This foundational work established the framework for all future model iterations.

Additional Technical Details:

I. Foundation Research: LN-QUBO v0.1 Mathematical Model (Fees and Hop Count) Defined

Business Milestones

Business Activities
Office space was secured and R&D infrastructure construction began. We set up computational resources for quantum annealing experiments and established development environments for Lightning Network simulation. The team began preparing initial pitch materials for seed round fundraising, focusing on the unique value proposition of quantum-accelerated network optimization.

Additional Business Details:

Office Contract

R&D Infrastructure Construction

Quantum Annealing Hardware

Hardware Used
Advantage 4.1

Hardware Specifications:

Advantage 4.1 8

Market Context

Market Environment
Bitcoin reached all-time high price levels, driving increased interest in Layer 2 scaling solutions. The market recognized the critical importance of efficient payment routing as transaction volumes grew, creating favorable conditions for research into advanced optimization techniques.

Additional Market Information:

Bitcoin Price Reached All-Time High