Justin Drake: ECDSA could be broken within months, large holders urged to move funds to new addresses
- —Drake warned ECDSA could fall within months using large GPU clusters
- —Holders should move funds to addresses whose public key is still hidden behind a hash
- —After each signature, remaining funds should be sent to a fresh address
- —Binance, Bitbank, Robinhood, Bitfinex and Tether could harden cold wallets
Why it matters: If realized, the risk would threaten every address with an exposed public key, including old wallets and exchange reserves.
Source: PANews