Joined October 2026
Marin retweeted
0x02 CSM is live on csm.lido.fi. Complementing 0x01 CSM for 32-ETH validators, 0x02 lets anyone with more available capital run validators with a MaxEB of 2,048 ETH through Lido’s Community Staking Module. A new permissionless path for independent operators. ↓
7
17
4
69
6,839
Marin retweeted
Today, @Blockworks published a B2 Token Transparency Filing for LDO. The B2 Token Transparency Filing is a set of standardised, open-source disclosures covering token supply, allocations, transactions, market structure & more. Read the full filing here: blockworks.com/token-transpa…
4
14
71
5,110
I agree directionally but don't think I agree with timeline. I think before well known cryptography is popped there are going to be spectacular fireworks in most internet-connected systems, as they are more easily exploitable and more fragile.
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.
9
8
1
98
8,074
Marin retweeted
Lido Lend: Security-First Lending Lido contributors are unveiling the development of ‘Lido Lend’, a new decentralized lending market, designed with a novel set of security-forward safeguards and utilities that benefit both lenders and borrowers. research.lido.fi/t/unveiling…
42
70
33
437
83,470
This is not how Lido protocol works. Metamask is voluntary unwinding validators as a precaution to the issue they found on their non custodial operator setup. Lido protocol will automatically redistribute ETH across other operators in the set.
Replying to @Cointelegraph
Staking setups tend to survive this kind of thing because the keys doing the signing can't move the stake, they can only queue it out. The uncomfortable part is how slow that escape hatch is when roughly 23% of all staked ETH routes through one operator set
1
7
Lido protocol core operation is not affected and withdrawals function normally. So nothing is slowed down in “escape hatches” and 23% of ETH staked here is uncorrelated number.
5
Marin retweeted
MetaMask is responding to a security incident affecting part of its infrastructure. MetaMask and Lido both say wallet users and stETH holders don't need to take any action. So if someone is telling you to act right now, that's your red flag. The boring security habits matter most in moments like this 🧵
29
34
10
222
29,222