
Founding Partner https://xitter.cf/t.co/cnamNPLoci. Ex @IndexVentures @EarlybirdVC @Google. Backing hard futures.
Berlin, Deutschland
Joined June 2015
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Alexander Lange retweeted
The cryptographic doomerism of the last 24 hours is mostly unjustified panic IMO. There is of course a kernel of important truth here and we need to take that seriously, but panic is not the way to go about that.
There is no evidence of an ECDSA break being anything but extremely low probability in any short term, even with how amazing AI models have become.
Industry should reasonably prepare that things can/will break over time but the panic on the timeline last 24 hours is unwarranted given the probabilities involved of any actual issue.
You are far more likely to lose money panicking and trying to migrate things than you are from the potential of any imminent exploit.
Seeing even @usv enter the mega-fund multi stage game makes me pause. Is the cottage industry, small and crafty boutique funds aligned optimized for high multiples entirely gone?
Alexander Lange retweeted
I don't recommend anyone scramble to move their funds to new wallets today. But we should take the risks to cryptography from AI-accelerated math seriously, and minimize our exposure to not just quantum-vulnerable cryptography, but also potentially AI-vulnerable cryptography.
The core new area of risk from this viewpoint is, unfortunately, ML-DSA / FHE / lattices.
(and it's also another reason, along with quantum, why ECDSA might fall even faster than expected, hence the "fresh address" recommendation)
So far most people have been in the mode of thinking "elliptic curves broken, hashes safe, lattices safe". But there is a good chance that the concrete security of lattices will take serious hits from the next two years of AI math.
The basic threat model is: factoring is something that naively takes 2^(n/2) time, but over decades smart people have found and optimized number field sieves, and degraded that to 2^O(n^(1/3)), which is why RSA keys and signatures need to be ~400 bytes (and not 64 bytes). What if there are skeletons in the closet like that, both for elliptic curves and lattices, that we are simply not smart enough to discover - but bots soon will be?
This is a major part of the reason why for the past year ethereum's lean roadmap has been going in the "hash-only" direction: no lattices, no ML-DSA, no Falcon, no lattice-based commitments inside ZK proofs, etc. Signatures in lean ethereum are all hash-based, either WOTS or SPHINCS-.
For signatures and proofs, we already know how to go hash-only. The bigger challenge is for *public-key encryption* - and this goes far beyond blockchains. Secure communication, anonymizing protocols, lots of things need public-key encryption.
And unfortunately there are long-standing mathematical theorems showing why public-key encryption cannot be done with hashes alone. You have to have some kind of trapdoor object that has at least one form of usable "structure" - either group theory (incl. isogenies) or lattices or code-based or potentially in the future even more newfangled and spooky things (local mixing?). But for anything that has structure, you should assume that AI will make at least some progress in breaking that structure. Here, one reasonable inference is that if you want to make something plausibly long-term secure, multiply the key sizes by 10.
To me that's a very plausible world and something not at all extreme to predict. If AI will bring us 50 years of math in 2 years, then that 50 years of math may very plausibly include a "naive factoring -> GNFS" level of improvement to our ability to break lattices. In that world, lattices will still exist, but they will have to be significantly bigger to guarantee the same level of safety.
And at those new larger sizes, hash-based constructions will beat lattice-based constructions on concrete efficiency in every use case where hash-based constructions are possible at all.
Theoretically, of course it's possible that hashes are broken too (eg. P = NP would imply that). But I think P = NP is very unlikely. And intuitively, it's much more likely that a mathematical object has exactly no exploitable structure (like hashes are intended to), than that a mathematical object has exactly ~3 forms of exploitable structure (for elliptic curves: associativity, Schoof, pairings) and not some secret fourth form of structure we have not yet discovered that greatly degrades its security (for elliptic curves, ECDLP and pairing security). Similar for LWE, SVP, RLWE and the zoo of lattice problems.
For this reason, we do not yet see any reason to worry and start padding the byte size of hashes (if we start to worry more, we would pad the round count first before doing anything to the byte size).
Concrete TLDR, my own personal views:
* Hash-based > lattice-based, in those situations where hash-based is possible at all
* For anything lattice-based, be much more paranoid on param sizes. Remember that blockchains are only a small portion of the cryptography story; this point goes far beyond blockchains and applies to eg. access to websites, secure messaging, Tor / VPNs ...
* For privacy protocols, strongly favor NOT putting encrypted notes onchain. Instead, send them offchain through some third-party mechanism.
* If it's not difficult for you, keeping your funds in addresses which have not yet been used to make a transaction is a good idea. If it's easy for you, do it. **But be careful about migrations; I personally have lost more money in botched migrations than I have lost in all hacks combined**.
* For multisig wallets, doing confirmations offchain is better than onchain, because this way the signatures of signer wallets do not get exposed to the public, so if ECDSA falls to AI much faster than expected, at least the multisig "gracefully degrades" to a 1-of-1 where the 1 is whoever was gathering the signatures - a much better place to be than "anyone can take the money"
firefly.social/post/x/210783…
Alexander Lange retweeted
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.
Alexander Lange retweeted
81% of all major math discoveries
from the last three years were released today by OpenAI. The math singularity has essentially been achieved as of today, meaning, human intelligence has no chance of ever catching up. Every scientific field will experience this eventually!
Alexander Lange retweeted
Make no mistake: post-Mythos, the United States has a licensing regime for AI. It’s just informal, with no consistent rules or firm boundaries on state power or public transparency. Cobalt mining in the Congo is vastly more institutionalized than frontier AI licensing in the US.
Alexander Lange retweeted
I’m super excited to share that we have signed a contract with @SpaceX @Starlink to integrate its mini laser terminals onto our satellites for high bandwidth, low latency connectivity!
Starcloud is excited to announce that we will integrate 50 @SpaceX @Starlink Mini Laser terminals across 25+ satellites. Each of the @Starcloud_ satellites will carry two Starlink Mini Laser terminals, and the first hardware is expected on orbit within one year.
Starlink Mini Laser terminals, the same laser crosslink technology that SpaceX developed for its Starlink constellation, provide up to 25 Gbps of continuous intersatellite connectivity at distances up to 4,000 km and are capable of higher link speeds at shorter distances. The terminals enable direct optical links between Starcloud satellites and the Starlink constellation using laser light, eliminating the need for Starcloud to send data directly through bandwidth-constrained ground stations.
Alexander Lange retweeted
We are in the age of consensus capital:
1- Almost 75% of all LP $ raised by 5 funds
2- Almost 75% of all VC $ invested in 5 companies
Alexander Lange retweeted
we just released v1 of our thesis 'Scaling Trust', our plans for a ~£50m r&d @ARIA_research programme. let us know what you think, we want your feedback!
aria.org.uk/trust-everything…
Alexander Lange retweeted
If you feel like you're bad at your job and it's making you depressed, just consider that, as the investigation of the recent heist revealed, the password to access the Louvre's videosurveillance system was "Louvre".
Alexander Lange retweeted
8am on a Saturday morning in Berlin!
Berghain or @techeurope_ Hackathon?
Can not tell...
If comedians cannot critique a government in any given country without fear of repression said country cannot be free.
The case of Charlie Kirk reveals the erosion of common sense and a rule based society in the US. 1 might disagree with or dislike him for his actions but neither of those sentiments justify any violence. Disputes over the legality of his actions can be challenged in court.
The US has a 10x higher homicide rate than Germany. People lost their ability to discuss opposing view points and develop empathy for conflicting view points and to live with them. Once violence dominates public discourse a country falls.
Alexander Lange retweeted
What happened to "Don't be evil" ?
Wholesale financial surveillance of innocent individuals (not even accused of a crime!) is evil.
It violates the presumption of innocence.
It violates the ethical principle of respecting your neighbor.
It violates the 4th Amendment of the US Constitution, easily.
To all the wallet devs now confronted with this: do not comply. If you do, your business will be utterly gutted and you will spend the next year being absolutely miserable while your company dies and all your customers tell you how much you suck.
Abandon the Google Play Store, move to a mobile web PWA solution, or find some other creative solution. Maybe smash your Android phone, throw it into a ravine, and post a video encouraging others to do the same.
Have respect for yourself and your customers. Do not comply. Do not be "pragmatic." Google has decided to be evil, so now it is your turn.
This is where you take a stand, if you ever do.
New Google Play Store policy forces AML/KYC on non-custodial wallets in the US, effectively bans non-custodial wallet developers from Play Store in EU
Full Story👇
therage.co/google-play-store…
Alexander Lange retweeted
The stratosphere is a challenging environment. Air pressure is less than 10% of sea level, and temperatures can drop below -55°C.
We completed thermal and altitude testing of our Radical-developed battery packs in our atmospheric chamber, proving they're ready for flight.
Alexander Lange retweeted
very fast feed API for all @baseapp and @zora coins
We're now indexing @baseapp and @zora!
🔰 Discover trending creators or posts
🔰 Get a real-time feed of launches
🔰 Full support for pricing, charts, holders data, and more
Start building: codex.io.
See it in action on @definedfi: defined.fi/tokens/launchpads….




























