Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
BTC 
ETH Justin Drake, a researcher at the Ethereum Foundation, calls on the industry to enter a "bunker model"
Justin Drake has been warning for years that quantum computers may crack cryptocurrencies in the future. Now, the Ethereum Foundation researcher says artificial intelligence may be the first to achieve this breakthrough.
Drake wrote in a post on Platform X on Wednesday: "Today I call on the blockchain industry to calmly start planning a 'bunker model'." His suggestion is to control the mass migration of funds to completely new addresses where transactions have never been signed, and where the public keys of those addresses remain hidden behind the hash value.
Potential risks to ECDSA signature scheme
The core of the concern is ECDSA (Elliptic Curve Digital Signature Algorithm), a signature scheme used by Bitcoin and Ethereum to prove that transactions are authorized by the correct private key. When a wallet signs a transaction, its public key becomes visible on the chain. If ECDSA is compromised, an attacker can inversely derive the private key from the public key, thereby stealing assets in the wallet.
Drake said it is reasonable to prepare for the ECDSA to be breached before Q-Day, the moment when quantum computers are powerful enough to crack today's encryption technology."In the worst case scenario, it may take months rather than years." By "breach" he means that on existing hardware (such as a large GPU cluster), private keys can be recovered in about a week.
AI-driven mathematical progress triggers new anxiety
He pointed to a recent wave of AI-driven mathematical research, including the 722 results released by OpenAI on Tuesday, as a sign that long-held assumptions are disintegrating. "Elliptic curves seem particularly vulnerable to superintelligence," he wrote. He believes that the rich mathematical structure of elliptic curves leaves room for clever attacks, and that the hash function is designed to withstand such attacks.
Drake emphasized that holders should not rush or panic, pointing out that moving assets does not require new encryption technology or wallets. He urged institutions such as Binance, Bitbank, Robinhood, Bitfinex and Tether to strengthen their cold storage security. He also mentioned that addresses holding less than 50 BTC are to some extent protected by the so-called "Satoshi Shield": approximately 20,000 exposed addresses associated with Bitcoin's founders, each holding 50 BTC, could become a primary target for attackers.
Accelerate the transition to resistance to quantum cryptography
This warning marks a sharp escalation of anxiety surrounding the possible breach of the security of cryptocurrencies. In March, after a Google paper suggested that quantum computers might crack encryption earlier than expected, Drake set the probability of Q-Day occurring before 2032 at 10% or more.
Earlier this year, the Ethereum Foundation established a dedicated quantum-resistant team, and co-founder Vitalik Buterin also proposed plans to transition the network to quantum-resistant cryptography. Drake said the roadmap for Ethereum's transition to hash-based cryptography should now accelerate. "I will push for maximum defensive acceleration," he wrote.
