Gizmodo
Cryptographers Urgently Debating Whether AI Could Break Bitcoin’s Security ‘in Months’
Coinbase's cryptography head called the idea "the very definition of FUD."
Via Gizmodo
·Excerpt
Ethereum Foundation researcher Justin Drake warned the blockchain industry on Wednesday to begin preparing for what he called “bunker mode,” arguing that AI-driven mathematical breakthroughs could crack a digital signature scheme used by Bitcoin before quantum computers do. Bitcoin has historically relied on ECDSA signatures, while newer Taproot outputs use Schnorr signatures. Drake’s warning specifically concerns the possibility of an imminent break in ECDSA.
“IMO it is now reasonable to brace for the possibility that ECDSA breaks before qday, in…
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