Cryptography researcher Justin Drake is urging the blockchain industry to prepare a “safe-harbor mode,” proposing that holders of large amounts of assets move most of their funds to addresses that have never signed a transaction, where the public keys remain hidden behind hashes.

In a post on X on October 8, Drake said AI is driving mathematical breakthroughs that could enable classical algorithms to crack ECDSA before “Q-Day,” the point at which quantum computers can break cryptographic systems. In the worst-case scenario he outlined, this could happen within months rather than years.

Drake believes that large GPU clusters could recover private keys in about a week. He also suggested moving the remaining funds to a new address after each subsequent transaction signing, but emphasized that there is no need to panic or rush to move funds. He noted that Binance, Bitbank, Robinhood, Bitfinex, and Tether could use this opportunity to strengthen their cold wallet security.

Source: https://tintucbitcoin.com/justin-drake-ecdsa-co-the-bi-pha-vo-trong-vai-thang/

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