​Discussion Topics:

​1:00 PM Physical Security:

​Paper Link

​Every year, the number of kidnappings of crypto holders doubles on average. Given this rise in physical threats, many executives turn to K&R insurance, bodyguards, and panic buttons. This session will explore how risk is priced, hedged and mitigated by the leaders of our industry.

​2:00 PM Privacy:

​Paper Link

​Privacy in crypto is no longer just about hiding transactions — it’s about programming visibility. This session explores how the landscape has split across private money like Monero and Zcash, privacy middleware such as RAILGUN and Hinkal, and programmable privacy platforms like Miden, Aleo, Aztec Network, Midnight, and Canton Network—each making different tradeoffs in openness, verifiability, compliance, and performance. We’ll use a new framework comparing deployable privacy vs blockchain assurances to unpack why systems like Canton dominate institutional use cases, why Monero and Zcash still lead on crypto-native guarantees, and how emerging designs are redefining what privacy means in real-world applications today.

​3:00PM Internet Capital Markets:

​Blog Link

​Solana’s Roadmap to achieve the world's most liquid markets through Application-Controlled Execution (ACE), giving smart contracts millisecond-level control over transaction ordering. Post. This is especially true with the launch of constellation.

​Session Leads

​Brian Seong (X): DevRel lead at Miden (Privacy focused network). Co-founder at Whitepaper Reading Club. He was a research engineer at Polygon Labs and co-foudned EduDAO. He's lead multiple discussions for Whitepaper Reading and built the SF Chapter!

​Elliot Friedman (X): Founder of Kleidi (Custody for high value crypto holders). He was a security researcher and is a SEAL Member. He recently lead our recent discussion at SF around EIP-8141 frame transactions.

​

​Format

• ​10 mins silent reading to start

• ​Discussion-first, no panels

• ​Bring questions (technical depth welcomed)

• ​Short notes + key takeaways shared after the session

​

​Thank you Ferno.ag

​Ferno is a collective founded by experienced Solana builders, with core members contributing to leading companies in the ecosystem (Jupiter, Sanctum, Triton, Kamino, ...). We focus on infrastructure, on-chain data, and structured DeFi products.

​We operate our own archive nodes, indexers, and transaction landing infrastructure, develop Solana programs using the latest stack, and actively participate in DeFi markets.

​Ferno organizes events for companies, builders, and students, teaches Solana development, supports hackathons, and provides advisory to early-stage teams from pre-seed to mainnet helping optimize infrastructure, go-to-market strategy, and technical execution.

​

​About Whitepaper Reading Club

​We are a community of 700 builders, founders, researchers, in Singapore, Malaysia, San Francisco, Bangkok, New York and now Lagos. We come together in person every month to discuss the latest blockchain projects (website)

​​​​​​Bittensor - discussion (Jul 2025)

​AlpenGlow (Aug 2025)

​​​​​Summaries

​​​​​​We create detailed and easy to understand summaries for each paper (summaries) and have held 70+ sessions since June 2023, covering topics from Account Abstraction, Parallel Chains, EIPs, Bitcoin Ecosystem to AIXCrypto. We are ecosystem-agnostic, not for profit and with a strong focus on projects with technical, product or social innovations.

#Crypto