midnight

One-time holder of the title of Most Consistent Bitcoin Opinions On Earth

[midnight @midmagic]

T̗̙̅̇̓ḩ̫̬̓̒e̻̒̑̑r͈͊̽́̓͆ě̘̖̖̓ ͈͉i̝̞̓̆̚s̷͋̀́̓ ͈͊̓́ṋ̬̪̘̖o͉͇̓͂̓̅ ̴̷͇̣̄B̗̌̉̓̕i͖̘ͧͥ̔t̛̘̗̓̕c̵͖̘ͪͅo͍̦̣̙͈͋̓ͅị̶̢ͪ͗͆̓n͚̩̦̤̲̻̭̪͊̓ M̷̵͙͉̳̣̦ͫ͌͌A̷̢̨͚͉̥̲̺ͬR̢͙̤̣͆̔̔̓̑̑͜K̨̛͚͉̹̫̦̤ͬ̔E̶̴̢̨̛͚͈̥̩̙͛T̴̹̳̱̥̩̬̜͋͜ ̥̤̙̙̩Ç̸̵͉̦̣̣̗̙̣̫A̸̦̗̘̣̓̒̑P̨̧̨̢̡̺̗̙̥̔̒̓̚

[midnight @midmagic]

@orangedog21 In spite of how broken everything seems to be, and how bad it will continue to get — and maybe worse, how much more quickly it will seem to get there — the principles and old from-axioms methods are still okay and will continue to be. Care and methodical progress is still a win.

[midnight @midmagic]

If you use hardware wallets, especially from places like Ledger, you might as well just paint a giant target on your back. They don't, and their cofounder especially seems never to have given a flying fuck about you, your safety, your money, or your future. Unbelievable.

[midnight @midmagic]

@orangedog21 Strip back the layers of false history, piled shovelful by shovelful high with all their odd lies and iniquity. Strip it back to its bones and recall the words and exhortations of the Ancients, my friend.

[midnight @midmagic]

@orangedog21 Do not use paper for backups my bro. :(

[midnight @midmagic]

@BTChip @IdaXBT @MrHodl Ethereum is and always has been a scam. If you think it isn't you're one of the scammers.

[midnight @midmagic]

@BTChip @IdaXBT @MrHodl How about you literally take more than five seconds to find out what reality is before feigning such remarkable ignorance yourself, asshole.

[midnight @midmagic]

@BTChip @IdaXBT @MrHodl Ironic comment calling me stupid for pointing out how careless you're being with **absolutely trivially verifiable factual reality** considering how destructive the company you cofounded has been to the users you clearly don't and seem never to have given af about.

[midnight @midmagic]

@BTChip @IdaXBT @MrHodl Why are you speculating about stuff going on in your own company and acting surprised.

[midnight @midmagic]

No, ethereum really is a scam, Vitalik is a scammer, and the ethereum ecosystem treats its users like rubes to be scammed who are incapable as a whole to even detect it.

[Mr.Hodl @MrHodl]

@BTChip Here's the code. The default reporter URL is Ledger's blind signing API, there's no off switch, and it fires on every ETH signature, not just blind ones. It sends chain, recipient, device model and firmware.

https://t.co/289vecFXQt

Added March 2026, after your time.

[midnight @midmagic]

Ethereum is a scam, ya goobs.

https://t.co/VjxvmEGipg

[midnight @midmagic]

"Bitcoin security researcher" fuck off, fudster. Ethereum is a scam. If you believe people like Vitalik you are stupid.

https://t.co/3ZZCSvgXzf

[Justin Drake @drakefjustin]

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.

[midnight @midmagic]

@benthecarman Benchmark will be contrary to the designed strength of Fable I'll guess.

[midnight @midmagic]

@benthecarman Whyzzat

[midnight @midmagic]

@Mars_HODL @MrHodl Lots of people did.

[midnight @midmagic]

@notgrubles It's not a Swiss-based foundation at all. That's fucking stupid.

[midnight @midmagic]

@jenetemm Hardware wallets were not recommended as a storage method. Supply chain issues were the biggest obstacle. There is no such thing as a low-value secured and verifiable supply chain, right from the chip fabs on down. Customer lists. Shipping addresses. Payment records. etc

[midnight @midmagic]

@jenetemm @nvk Mostly because they philosophically disagreed with its design and existence, and did not want to contribute to its legitimacy. No offence intended.

[midnight @midmagic]

@HawkMcFlipster @MrHodl @utxoclub @stephanlivera @notnullable_88 @Bitkey @CasaHODL @FrostsnapTech Not hardware wallets, except for trivial amounts people are willing to lose for the purposes of hot-wallet payments.

https://t.co/Q30Hxy6DzV

[midnight @midmagic]

@MishaGuttentag @MartyBent @jamesob Not hardware wallets. :( At all, until we have user-verifiable hardware like Bunnie Huang's Precursor that we can examine with an IRIS station, and software we personally install on it.

Everything else is mostly security theatre.

[midnight @midmagic]

@MrHodl @HawkMcFlipster @utxoclub @stephanlivera @notnullable_88 @Bitkey @CasaHODL @FrostsnapTech Remarkable how many people still consider hardware wallets a good idea. Or say they do. I'll guess it's mostly the latter.

[midnight @midmagic]

@GhostofMapl @GhostOfBekka Decades ago rural Canada was.. so, so much worse. This crowd throwing shit.. cowardly.. tame, tame, tame by comparison. There is no "going to get" starting with this silly knees-bent running about advancing behaviour

[midnight @midmagic]

@MysteryHacker1 heard that