Senior Ethereum Foundation researcher Justin Drake, who has spent months warning about the supposedly imminent cybersecurity threat of quantum computing, has escalated his rhetoric with a prediction that AI will “break” elliptic curve cryptography within “months.” 

Warning the threat could arrive even faster than quantum computers, he’s calling for a mass migration of most crypto assets into new wallets suited for deep cold storage.

He wants the whole industry, starting with the largest entities, to hide their money from an impending AI breakthrough that he views as essentially inevitable. He’s implored everyone to create and store most digital tokens in new “bunker” wallets that have never signed a transaction.

These more private wallets with less information revealed on public ledgers will, in Drake’s view, help digital asset owners stay safe during the first wave of attacks.

The post is, in essence, a description of a well-known best practice by BTC holders: never re-using addresses.

Satoshi Nakamoto even wrote in October 2008: “A new key pair should be used for each transaction to keep them from being linked to a common owner.” 

Explaining this concept as though it was novel, Drake thanked Satoshi’s large and highly public wallets that will ostensibly shield smaller investors from the first wave of attacks.

Make no mistake, however, Drake believes the AI is coming for everyone soon.

I don't recommend anyone scramble to move their funds to new wallets today.

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