Vitalik Buterin · Ethereum · OpenAI · Cointelegraph
Vitalik Buterin backs crypto ‘bunker mode’ amid rapid AI math advances
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Ethereum researchers say crypto users should consider an orderly migration of funds to fresh addresses, warning AI could threaten private-key security before quantum computers do.
Key facts
- Last month the company used a team of 10,000 autonomous AI agents working in parallel to solve the Navier-Stokes equation, one of the most famous and difficult unsolved problems in mathematics
- Buterin was responding to a post from Ethereum researcher Justin Drake on Wednesday urging the industry to prepare for “bunker mode,” as AI could eventually make it possible to break the elliptic
- Dragonfly managing partner Haseeb Qureshi also supported taking precautions, describing Drake’s warning as “a sober call
- Ethereum researchers say crypto users should consider an orderly migration of funds to fresh addresses, warning AI could threaten private-key security before quantum computers
Summary
Ethereum co-founder Vitalik Buterin has backed a new warning that advances in artificial intelligence could undermine the cryptography used in today’s blockchains before quantum computers do. Buterin was responding to a post from Ethereum researcher Justin Drake on Wednesday urging the industry to prepare for “bunker mode,” as AI could eventually make it possible to break the elliptic curve digital signature algorithm (ECDSA) used to secure cryptocurrency wallets. “I don’t recommend anyone scramble to move their funds to new wallets today,” Buterin wrote. Drake said his concerns came after OpenAI released hundreds of new mathematical findings across a variety of topics such as algebra, theoretical computer science and mathematical logic on Tuesday, revealing how quickly AI has been advancing in mathematics.