Keep calm and enter 'bunker mode,' crypto bros say
Crypto bros are warning that AI-accelerated math could compromise wallet security, a day after OpenAI said its models drove new results.
TL;DR
- Justin Drake, an Ethereum researcher, warned that AI advancements could threaten blockchain wallet security.
- Drake suggested AI might be used to derive private keys from public keys, potentially compromising funds.
- He advised the crypto industry to plan for 'bunker mode' by moving funds to new addresses.
- Ethereum creator Vitalik Buterin urged caution, advising against immediate fund transfers but acknowledging the need for better private key encryption.
- Other crypto researchers believe AI is not yet capable of breaking current encryption systems like ECDSA.
- Drake views AI as a potentially greater threat to encryption than quantum computers.