Solana co-founder Toly says developers should take Justin Drake's post-quantum advice and ship PQC wallets, rebutting Mert's warning
Solana co-founder Toly posted that product developers should 'absolutely take Justin's advice' and that 'now is the time to ship pqc wallets,' after Mert urged people to 'absolutely not take Justin's advice,' arguing users are more likely to lose money by superficially moving funds than by cryptography breaking overnight. Toly told Mert that 'that wasn't his advice, you just changed it entirely and made it a new thing.' The dispute centers on Ethereum researcher Justin Drake's call for the industry to plan 'bunker mode': a controlled migration of funds to fresh addresses that have never signed a transaction, with public keys hidden behind a hash.
Solana co-founder Toly posted that product developers should 'absolutely take Justin's advice' and that 'now is the time to ship pqc wallets,' after Mert urged people to 'absolutely not take Justin's advice,' arguing users are more likely to lose money by superficially moving funds than by cryptography breaking overnight. Toly told Mert that 'that wasn't his advice, you just changed it entirely and made it a new thing.' The dispute centers on Ethereum researcher Justin Drake's call for the industry to plan 'bunker mode': a controlled migration of funds to fresh addresses that have never signed a transaction, with public keys hidden behind a hash.
Key facts
- Solana co-founder Toly posted that product developers should 'absolutely take Justin's advice' and that 'now is the time to ship pqc wallets'
- Mert posted that people should 'absolutely not take Justin's advice,' arguing users are more likely to lose money by superficially moving funds than by fundamental cryptography breaking overnight
- Toly replied to Mert that 'that wasn't his advice, you just changed it entirely and made it a new thing'
- Ethereum researcher Justin Drake said, 'Today I call upon the blockchain industry to calmly begin planning for bunker mode,' a controlled mass migration to fresh addresses whose public keys stay hidden behind a hash
- Drake said holders, starting with large and sophisticated ones, should consider moving the bulk of their funds to addresses that have never signed a transaction, requiring no new cryptography or wallets
- Drake said not to rush or panic and that it is now reasonable to brace for the possibility that ECDSA breaks before Q-day, in the worst case in months not years
- Drake cited an OpenAI release as evidence that mathematical superintelligence is here and said elliptic curves feel especially vulnerable to it
Sources · 2 sources
- BI
Business Insider@BusinessInsiderPost on X ·
"Today I call upon the blockchain industry to calmly begin planning for 'bunker mode,'" said Justin Drake, a researcher at Ethereum. https://t.co/QPuObnMJAd
Open source - DN
DEGEN NEWS@DegenerateNewsPost on X ·
NEW: @mert SAYS @solana CO-FOUNDER @toly CHANGED @drakefjustin'S QUANTUM ADVICE ENTIRELY, AFTER MERT TOLD PEOPLE "ABSOLUTELY DO NOT TAKE JUSTIN'S ADVICE" AND TOLY FIRED BACK THAT PRODUCT DEVS SHOULD TAKE IT AND SHIP PQC WALLETS Justin Drake called on the industry to calmly begin planning for “bunker mode”: a controlled mass migration to fresh addresses whose public keys stay 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. That step needs no new cryptography or wallets, and he said not to rush or panic. He said it is now reasonable to brace for the possibility that ECDSA breaks before Q-day, in the worst case in months not years. He pointed to an OpenAI release as evidence that mathematical superintelligence is here, and said elliptic curves feel especially vulnerable to it
Open source