Justin Drake: ECDSA may be cracked within a few months at worst, advising large households to move assets to a new address

Cryptography researcher Justin Drake issued a statement on the X platform, suggesting that the blockchain industry rationally formulate a "bunker model" solution to guide large-value coin holders to migrate funds to new addresses that have not participated in transactions and whose public keys are still hidden in hash form., each subsequent signature operation requires transferring the remaining assets to the new address. He pointed out that AI is accelerating technological innovation in the field of mathematics, making it possible for the ECDSA signature algorithm to be cracked by classic algorithms before the advent of quantum computing "Q-Day". In extreme cases, it may even be implemented within a time scale of months rather than years. By then, a large GPU cluster can be used to reproduce the private key in about a week. At the same time, he reminded industry participants not to be overly anxious, advocated adopting a cautious attitude to deal with potential risks, and suggested that trading platforms such as Binance, Bitbank, Robinhood, Bitfinex and Tether take this opportunity to strengthen security protection measures for cold wallets.