Dragonfly partner rejects ‘bunker mode’ doomerism, calls for proactive blockchain measures

Share

A Dragonfly partner is calling for proactive measures rather than doom-and-gloom catastrophism regarding blockchain security. Ethereum researcher Justin Drake warned that rapid AI advancements could compromise the ECDSA algorithm securing cryptocurrency wallets within months rather than years. Nearly 1.8 million BTC are currently exposed on exchanges, representing 57% of total balances. Vitalik Buterin acknowledges the seriousness of these risks but does not recommend users rush to move their funds.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items