🥛 Could AI crack your wallet? 🔐

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"BUNKER MODE": COULD AI CRACK YOUR WALLET BEFORE QUANTUM DOES? 🔐

On Wednesday, Justin Drake (a researcher at the Ethereum Foundation) asked the whole crypto industry to start planning for something he calls "bunker mode."

His worry is that AI could break the security protecting Bitcoin and Ethereum wallets, and in the worst case, "in months not years."

Every wallet has a private key (your password) and a public key (created from that password, and safe to show the world).

The system tying them together is called ECDSA, and it works because nobody has the compute power to run the process backwards and get your private key from your public one.

Crypto's long-running fear has been Q-Day, the day quantum computers get strong enough to do exactly that.

Drake thinks AI might get there first, and do so using current compute hardware.

By "break," he means recovering a private key in about a week using hardware that exists today, like a big cluster of GPUs (the chips that train AI models).