1. Will ETH reach a new high again?

When it comes to Ethereum, I fear that I have written the most articles about it among all cryptocurrency assets, by far more than Bitcoin.

I believe I have already shared my personal, very clear opinion on the above question in my previous articles about Ethereum. Just reading a few will make that evident.

However, that is merely my opinion.

For any investor, the opinions of others are always just references; ultimately, it is their own true thoughts and views that guide them to make the final decision.

So this question can ultimately only be asked of oneself. In fact, one's own heart knows their true thoughts; it's just that in many cases, one is afraid to admit it:

For example, thinking that one's true thoughts seem discordant, or thinking that one's true thoughts might cause them to miss opportunities…

In short, it's all about various anxieties, but there is no need to be too entangled in it.

For instance, I often repeatedly quote the views of Duan Yongping in my articles, always saying that his methodology has provided me with great help, but I always find it hard to understand his largest holding, Apple in U.S. stocks, and I always feel unable to buy in.

Yet I do not feel troubled at all—I have targets in other markets where I am more confident and can see more clearly, so I can invest in those instead.

Apple can bring Duan Yongping immense wealth, but it may not necessarily bring me wealth. So even if I force myself to follow the trend and buy, I may not ultimately reap any rewards.

2. How do you view the possibility of AI breaking encryption algorithms?

This is a widely discussed topic recently.

The reason it is being widely debated, as far as I know, mainly stems from two points:

First, OpenAI recently published over 700 papers, each claiming to have solved some long-standing problems that have troubled mathematicians.

Second, a heavyweight researcher from the Ethereum core team is concerned that with AI's rapid evolution, it could soon break the existing elliptic curve-based encryption algorithms, without even waiting for the day when quantum computing achieves large-scale commercialization.

Then Vitalik also provided a detailed explanation of the second point. He proposed a hypothesis based on the Ethereum team's experience in using AI to accelerate research and push forward Ethereum's iterations—that AI might discover some hidden vulnerabilities in existing encryption algorithms that humans currently do not see, thus finding ways to break current encryption methods.

Looking at all the information, all concerns stem from AI's rapid advancements in the field of mathematics.

However, when it comes to cracking existing encryption algorithms, this rapid advancement has still not broken through the framework of the algorithms; it has only pushed the limits of algorithm efficiency.

Existing encryption algorithms have several basic elements, such as the following two:

• The private key and public key are different; the private key must be kept secret, while the public key is public.

• There is only one mathematical method to break the private key: deducing it from the public key.

Currently, deducing the private key from the public key requires massive calculations, which is a task that contemporary technology cannot accomplish.

However, quantum computing could greatly simplify this vast amount of calculations, increasing efficiency by billions, tens of billions, or even hundreds of billions of times, making this deducing feasible—this is why the industry often states that quantum computers can break private keys.

The hypothesis proposed by Vitalik represents another thought process; he speculates whether it is possible that, without the need for massive calculations, existing public keys might contain some unknown mathematical patterns such that we could deduce the private keys. It's just that humans currently cannot find these mathematical patterns, but AI might.

That is all the concerns I understand regarding AI cracking existing encryption algorithms.

However, if we carefully examine these two thoughts, we will find a common point:

They both require the complete public key to be public.

So, what if a complete public key of an address is not public?

As long as the complete public key is not public, whether it's quantum computing or AI algorithms, they cannot deduce the private key—this is currently the most feasible and easiest way to alleviate these concerns.

How to keep the complete public key from being public?

It's very simple; just transfer all assets to a new address that has never initiated/signed a transaction as the sender each time a transfer is made.

This type of wallet has existed for a long time.

This is why recently Ethereum's core team members suggested everyone transfer their assets to new addresses.

However, regarding the method of transferring to new addresses to avoid this risk, Vitalik expressed a different opinion. He believes that potential operational issues in this process could also lead to trouble.

So everyone should handle it according to their own situation.

Moreover, the risks mentioned in the second point and Vitalik's hypothesis are currently just hypotheses and have not been proven.

Even if they are proven, using the method mentioned above can effectively mitigate this risk.

Therefore, I am not too worried about this risk.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。