🤖 AI against cryptography: Vitalik Buterin about the future of multi-sig security!
The co-founder of Ethereum offered a new look at the protection of multisignatures (Multisig). In his opinion, ideally, signers should change the key after each transaction.
🔑 What's the reason?
Rapid progress in the field of artificial intelligence raises new questions about the resilience of the classic ECDSA encryption algorithm, on which most modern blockchains are based.
📌 Main theses:
Disposable keys: Regular rotation of keys minimizes the risk of their compromise.
Challenge from AI: The growth of computational and analytical capabilities of AI forces us to revise the usual cybersecurity standards.
The main advice: Vitalik separately emphasized: "Don't rush." This is a conceptual vector of development for the future, and not a reason for emergency actions right now.
🔒 Security in Web3 is a continuous process. As technologies become smarter, the security mechanisms of the crypto industry are also reaching a new level.
$ETH $NEAR $FET
The co-founder of Ethereum offered a new look at the protection of multisignatures (Multisig). In his opinion, ideally, signers should change the key after each transaction.
🔑 What's the reason?
Rapid progress in the field of artificial intelligence raises new questions about the resilience of the classic ECDSA encryption algorithm, on which most modern blockchains are based.
📌 Main theses:
Disposable keys: Regular rotation of keys minimizes the risk of their compromise.
Challenge from AI: The growth of computational and analytical capabilities of AI forces us to revise the usual cybersecurity standards.
The main advice: Vitalik separately emphasized: "Don't rush." This is a conceptual vector of development for the future, and not a reason for emergency actions right now.
🔒 Security in Web3 is a continuous process. As technologies become smarter, the security mechanisms of the crypto industry are also reaching a new level.
$ETH $NEAR $FET