
Kureshi: Moving Tokens to New Addresses Won't Prevent Value Loss
- —Kureshi called Justin Drake's bunker mode "cryptographic apocalypticism"
- —He said new addresses won't prevent value loss during mass sell-offs from other addresses
- —Alternative: a recovery mode with hash-based signatures and validator help if ECDSA breaks
- —The proposal is not a standard and has no implementation timeline
Why it matters: The debate over the quantum threat to ECDSA will shape future standards for wallet and asset protection across networks.
Source: TokenPost