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According to Cointelegraph, Ethereum researcher Justin Drake warned that the rapid advancement of AI could accelerate mathematical attacks against the Elliptic Curve Digital Signature Algorithm (ECDSA), potentially breaking existing cryptographic systems within months under the worst-case scenario, and called on the industry to initiate "bunker mode"—transferring assets to new addresses with previously unexposed public keys to mitigate risk. Several industry insiders, however, expressed reservations. Coinbase Chief Cryptographer Yehuda Lindell stated there is currently "no evidence" that the mathematical assumptions underpinning ECDSA have been weakened; Trezor Bitcoin analyst Lucien Bourdon similarly noted that migrating assets could backfire and inadvertently create opportunities for scams. MetaMask founder Taylor Monahan was even more direct, asserting that if elliptic curve cryptography were truly compromised, "the entire world would go to zero," rendering bunker mode ineffective. Meanwhile, Ethereum has laid out a post-quantum roadmap based on hash-based signatures and ZK proofs, while public blockchains such as Solana and NEAR are also exploring their own quantum-safe alternatives, though concrete deployment timelines remain unset.
Odaily News: Dragonfly Managing Partner Haseeb Qureshi stated that the "bunker mode" proposed by Ethereum researcher Justin Drake to address the risk of AI cracking cryptographic signatures amounts to "cryptographic doomerism," and argued that migrating tokens to new addresses is not a real solution.Qureshi said that "bunker mode" can only protect assets that users have not yet transferred out of new addresses. If tokens in other addresses are attacked and heavily sold off, those assets could still lose value. He suggested that blockchain networks adopt a "Cryptographic Recovery Mode," using hash-based backup signature schemes that allow users to bind recovery mechanisms in advance, so that validators can assist in recovering assets after cryptographic signatures are cracked.Previously, Ethereum researcher Justin Drake warned that with the rapid improvement of AI mathematical capabilities, the ECDSA signature algorithm protecting crypto wallets could face the risk of being cracked within "months rather than years," and advised users to gradually migrate funds to new wallets that have not exposed public keys. Glassnode data shows that approximately 6.26 million BTC are currently held in addresses with potential risk. (Cointelegraph)