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Created November 30, 2022

Benchmark Update: v1.0 Achieves 60% Improvement in Large Payment Success Rate

Phase

Current Phase
I. Model Enhancement: Benchmark Interim Report - Large-Scale Payment Success Rate 60% Improvement, Initial Preparation for 2023 Series A, Advantage 4.1 (Hybrid), Cryptocurrency Market Cooled Down Due to FTX Collapse

Technical Milestones

Key Activities
Intermediate benchmark report revealed that v1.0 achieved a 60% improvement in routing success rate for large payments (over 1 million Satoshi) compared to classical heuristics. This dramatic improvement validated our core hypothesis that quantum annealing could solve complex multi-objective optimization problems more effectively than classical approaches.

Additional Technical Details:

I. Model Enhancement: Benchmark Interim Report - Large-Scale Payment Success Rate 60% Improvement

Business Milestones

Business Activities
Initial preparation for Series A fundraising in 2023 began. The strong benchmark results provided compelling evidence for the value of our research approach, strengthening our position for future funding discussions.

Additional Business Details:

Initial Preparation for 2023 Series A

Quantum Annealing Hardware

Hardware Used
Advantage 4.1 (Hybrid)

Hardware Specifications:

Advantage 4.1 (Hybrid)

Market Context

Market Environment
The cryptocurrency market experienced significant cooling following the FTX collapse, creating challenging conditions for blockchain-related fundraising.

Additional Market Information:

Cryptocurrency Market Cooled Down Due to FTX Collapse