Jeremy Weisrose

Gadfly. Recently born. GP, Pauper Capital

[Jeremy Weisrose @weisrosej]

@valkenburgh Vague post. Why is Justin wrong?

[Jeremy Weisrose @weisrosej]

Are you in touch with @OpenAI about what isn't in their report?

[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.

[Jeremy Weisrose @weisrosej]

No one follows me, but watching everyone on crypto continue to go all-in on Token over developer events and to get excited about whatever a Trump says next makes me feel like maybe the pain doesn't deserve to be over. The grift isn't dead.

[Francesco Andreoli ᵍᵐ @francescoswiss]

TRUMP announced the next @token2049 is coming to NYC

[Jeremy Weisrose @weisrosej]

@nixorokish !! Comhghairdeas 🙃. It has been a long road to get here..

Hopefully it's on to mainnet.

[stokes @ralexstokes]

Glamsterdam is coming, and it is bringing blocks built without trusted relays (and a lot more)!

The Sepolia testnet upgrade has been scheduled for 6 October of this year. Hoodi and mainnet dates will be announced separately. Activation table, client releases, and info on the bug bounty program can be found here: https://t.co/MofsBXr4ID

[Jeremy Weisrose @weisrosej]

@rocallahan Honest question, would you be up for a conversation on Christianity in the age of AI? I'd have a few questions below but will hold..

[koeppelmann @koeppelmann]

An EEZ L2 will probably pay 100x of that to Ethereum. Not because it’s more expensive to run an EEZ chain, but because you get so much more out of Ethereum. It is not just something you “anchor” to once in a while, but something you transact with constantly.

[Jeremy Weisrose @weisrosej]

The NFT cycle, ICO mania and launch of Ethereum all happened under left-leaning leaders, and fought through related regulatory battles (the DAO paper, Gensler and more) to establish itself.

To shame anyone remotely progressive (the US Republicans are on a political scale among the most extreme parties in western society) IS a miss.

The industry forcing itself neatly into one camp would set up a string of future loses.

[Jeremy Weisrose @weisrosej]

Correct.

[chaskin.eth @jchaskin22]

https://t.co/euONDFz0SR

[Jeremy Weisrose @weisrosej]

@jchervinsky Your work and opinions are cheapened by the HL logo next to your name and you know it.

[Jeremy Weisrose @weisrosej]

@jbrukh I think you own Ether. Lol.

[Jeremy Weisrose @weisrosej]

@0xrachelita AI images and corp advertising on the back of mass murder is a bad look for @circle

[Jeremy Weisrose @weisrosej]

🚅

[Jeremy Weisrose @weisrosej]

@ColdBloodShill It is also unable to pass it. This looks a lot like the failure to break 5K a year ago. It must be convincing.

[Jeremy Weisrose @weisrosej]

MISLEADING TWEET IN ALL CAPS
MISLEADING TWEET IN ALL CAPS
MISLEADING TWEET IN ALL CAPS
MISLEADING TWEET IN ALL CAPS
MISLEADING TWEET IN ALL CAPS
MISLEADING TWEET IN ALL CAPS
MISLEADING TWEET IN ALL CAPS
MISLEADING TWEET IN ALL CAPS
MISLEADING TWEET IN ALL CAPS
MISLEADING TWEET IN ALL CAPS

[Jeremy Weisrose @weisrosej]

@FigoETH Yet all of these accounts move in lock-step, every single time.

[Jeremy Weisrose @weisrosej]

@base The thing that makes you say "oh....". It only happens once every few years in the blockchain world.

$ETH Higher.

[Jeremy Weisrose @weisrosej]

@EthereanVibin The US jobs report was the obvious whale of the day.

[Jeremy Weisrose @weisrosej]

Yes, and my response mentioned 100% uptime at least four times. Playing with semantics doesn't change the fact that if continued funding didn't exist, the robustness that leads to the 100% uptime wouldn't be where it is today.

Remove past funding, remove robustness. There may be less robustness needing into the future, but that figure is not zero. Therefore, continue funding core development, and look forward to the day when it isn't necessary, even if it is today.

[Jeremy Weisrose @weisrosej]

If that logic follows, had Ethereum stayed in it primary states, would it have never gone down?

If every critical client bug hadn't been patched, would it be at 100% uptime?

If funding hadn't paid for client teams to have been as robust as they are, or to meet with one another, would it be at 100% uptime?

There is a valid argument to say that with time, Ethereum grows ever closer to ossification in a state where it wouldn't go down. But in a state where some are putting an existential focus on PQ and others call for formal verification of clients now, claiming that core development funding isn't necessary is just seeking an upset response. That seems more built around how this app pressures us for additional followers that result from yet-another debate than it is a sincere reply.