Sharp decay estimates for the logarithmic fast diffusion equation and the Ricci flow on surfaces

We prove the sharp local L^1 - L^\infty smoothing estimate for the logarithmic fast diffusion equation, or equivalently, for the Ricci flow on surfaces. Our estimate almost instantly implies an improvement of the known L^p - L^\infty estimate for p larger than 1. It also has several applications in geometry, providing the missing step in order to pose the Ricci flow with rough initial data in the noncompact case, for example starting with a general noncompact Alexandrov surface, and giving the sharp asymptotics for the contracting cusp Ricci flow, as we show elsewhere.