Today I call upon the blockchain industry to calmly begin planning for "bunker mode". My personal recommendation is to set in motion a controlled mass migration of assets to fresh addresses, i.e. addresses whose pubkeys remain hidden behind a hash. Holders, starting with large and sophisticated ones, should consider moving the bulk of their funds to addresses that have never signed a transaction. And when they do sign one, they should also move remaining funds to a new address (possibly generated from the same seed phrase). Don't rush. While I believe there is cause for action a rushed migration would do more harm than good. Don't panic either. Moving assets to protected addresses is a simple, preventative step which does not require new cryptography or new wallets. IMO it is now reasonable to brace for the possibility that ECDSA breaks before qday, in the worst case in months not years. By "break" I mean fast private key recovery (e.g. in one week) on available hardware (e.g. a large GPU cluster). Recent days have been humbling for human mathematical intuition. Long-held, unquestioned hypotheses have fallen. This includes the n log(n) bound for integer multiplication and the 3SUM conjecture. In hindsight, May's unexpected disproof of the Erdős unit distance conjecture was our warning shot. Yesterday's OpenAI drop made it clear that mathematical superintelligence is upon us. They say there are weeks where decades happen. We are about to live through weeks where centuries of mathematical progress happen. Could our magic 64-byte ECDSA signatures be too good to be true? Was it just security through obscurity all this time? Elliptic curves feel especially vulnerable to superintelligence. Curves carry rich structure, with room for fancy tricks like Schoof, Frobenius, pairings. (By contrast, hashes are designed to minimise algebraic structure.) Separately, as Ewin Tang can attest, an efficient quantum algorithm sometimes foreshadows an efficient classical one. We should be open to the possibility of a classical counterpart to Shor that breaks elliptic curves and RSA at once. Also noteworthy is the striking under-representation of cryptographic breakthroughs among the 722 mathematical results OpenAI published. I've witnessed first-hand the US government censoring academic quantum cryptanalysis results. Backroom interventionism is my base case. I urge large, sophisticated actors to lead by example. Project11's "risq list" (bitcoin-risq-list.projecteleven[.]com) is a great tracker of exposed BTC pubkeys. Binance, Bitbank, Robinhood, Bitfinex, and Tether have an opportunity to harden their cold storage. Next month I'll address institutions in London in a live Q&A (forum.ethereuminstitutional[.]org/london-2026). Again, please do not rush. Wallets holding under 50 BTC enjoy partial cover from "Satoshi's shield", i.e. his 20K exposed addresses that hold 50 BTC each. Load-bearing signers like oracles and L2 security councils should consider rotating ECDSA pubkeys with every signed message and/or multi-signing with a hash-based schemes like SPHINCS. Exiting bunker mode safely will require post-AI cryptography. My inclination is to go all-in on hash-based cryptography and avoid structured mathematical assumptions entirely, whether from curves, lattices, or isogenies. A single battle-tested hash (e.g. from the SHA or BLAKE families) yields plausible post-AI security. The Ethereum roadmap on strawmap[.]org fully embraces hash-based cryptography with end-to-end formal verification as a response to the quantum threat. Those timelines must now be revisited and accelerated in light of mathematical superintelligence. I'll be pushing for maximum defensive acceleration.

You can do Fourier transforms in O(N log(N)^0.9999999999999) time. Fuck this gay chud universe

Surprised this hasn’t gotten more attention: Ethereum L1 is barely showing up in the tokenized equities boom. Tokenized equities already account for 12% of spot DEX vol on-chain, yet Ethereum L1 has close to 0 market share. Robinhood, Arbitrum and Base are doing the gruntwork obviously. But where does that leave the L1? Tokenization is going to reshape the onchain economy, and tokenized equities are going to be the fastest-growing segment over the next 2 years. Ethereum needs a clear vision for what belongs on L1, what moves to L2s, and how the two fit together, from security and governance to liquidity and value accrual. More on this in my article next week.

Zero-day remote code execution vulnerability in iPhone Safari. Click a link, and your crypto, passwords and everything else on your iPhone are gone. Exploited in the wild by "DarkSword" malware. "The DarkSword attack program has leaked, with its core capability being: extracting forensic-level data from iOS devices via HTTP interfaces. In actual attacks, attackers can combine social engineering or watering hole attacks to lure users into falling victim, thereby stealing data from iPhone / iPad devices and uploading it to servers controlled by the attackers." Update iPhones immediately. Apple originally patched this, but rumours suggest even the latest versions are vulnerable, “pending confirmation,” across a wider range than the original 18.4–18.7 window. From a Chinese security researcher, SlowMist CISO, @im23pds xitter.cf/im23pds/status/2101265…

The reason so many people look for an ulterior motive for the AI labs asking to be regulated is that they don't grasp that models could be dangerous. But if you try assuming models are getting dangerous, or at least unpredictable, everything falls into place.

remember, if you believe that only you can save humanity from extinction, and you are a consequentialist, you are morally willing to commit unspeakable evil in support of that goal. if your p_doom is 10% in a decade that means your current expected value of the status quo is negative 800 million lives. so it's completely rational – if you really believe this – to sacrifice single or double digit millions in pursuit of that goal. this means: if you think the frontier is insufficiently focused on safety, that it's acceptable to release a false flag bioweapon, agent swarm on grid infrastructure, etc. what are a couple million lives in exchange for billions? this is why EAs and hardcore consequentialists that are "safety pilled" are extremely dangerous.

“My main point, however, is that I don't believe that the equality P=NP will turn out to be helpful even if it is proved, because such a proof will almost surely be nonconstructive.” — Donald Knuth

SITUATION DETECTED: The US government has sided with OpenAI against the New York Times. The DoJ says training an LLM on copyrighted works does not violate copyright law, and that treating it as infringement would hurt US science, prosperity, and national security.