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vitalik

Vitalik Buterin is one of the co-founders of Ethereum and one of the most influential developers and thought leaders in the cryptocurrency field. He first proposed the concept of Ethereum in 2013, aiming to create a decentralized platform that supports the development of smart contracts and decentralized applications (DApps). Vitalik's contributions are not limited to technological innovation but also include profound insights into blockchain governance, scalability, and security. His work has driven the widespread application and development of blockchain technology.
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Vitalik compared the mining costs of BTC and the inference costs of AI: the former has electricity costs accounting for nearly half, while the latter relies more on capital expenditures for computing power

Ethereum co-founder Vitalik Buterin shared that the cost of Bitcoin mining is roughly half derived from capital expenditures on computing power equipment and the other half from electricity consumption; in contrast, the cost of AI inference is almost entirely dominated by capital expenditures on computing power. This difference reflects the distinct cost structures of the two computing businesses. Bitcoin miners need to continuously pay for electricity and determine their profit margins based on mining machine efficiency, coin prices, and network difficulty changes; AI inference, on the other hand, relies more on investments in expensive hardware like GPUs, as well as equipment utilization and computing efficiency.The industrial boundaries of both are also changing. As the demand for AI computing power grows, some Bitcoin mining companies are beginning to shift their existing electricity resources and data center facilities towards AI and high-performance computing businesses, hoping to transition from pure mining to computing infrastructure services. Some mining companies are leveraging previously allocated electricity capacity for mining to enter the AI data center market. However, transformation does not mean that cost pressures disappear: mining operations are more directly exposed to fluctuations in electricity prices and Bitcoin prices, while AI computing businesses must bear risks related to GPU procurement, depreciation, and underutilization. Both types of businesses compete for electricity and computing resources, but ultimately, profitability depends on how these resources are converted into revenue.

Vitalik Buterin: AI may weaken cryptography within two years and put ECDSA at risk, suggesting a priority on hash cryptography

Ethereum co-founder Vitalik Buterin posted on the X platform, stating that AI-accelerated mathematical research may pose new security threats to existing cryptographic systems, especially lattice-based cryptographic schemes, including ML-DSA and fully homomorphic encryption (FHE). He believes that advancements in AI in the field of mathematics over the next two years could significantly undermine the practical security of lattice cryptography, and ECDSA may face the risk of being compromised sooner than expected.Vitalik pointed out that over the past year, the Ethereum Lean roadmap has gradually shifted towards pure hash cryptographic schemes, avoiding the use of lattice-based signatures and related zero-knowledge proof structures. He suggested prioritizing the use of hash cryptography whenever feasible and adopting more conservative security parameters for lattice cryptography; privacy protocols should avoid storing encrypted information directly on-chain, and multi-signature wallets should prioritize off-chain signature confirmations. Additionally, Vitalik advised users, when operationally convenient, to store funds in addresses that have not initiated transactions to reduce potential risks, but he does not recommend users immediately migrate assets on a large scale. He emphasized that the migration process itself also carries risks, and his own losses due to migration errors have even exceeded the losses from past hacking attacks.

Vitalik: AI will become the new user interface, directly executing complex on-chain operations or becoming the norm

At the OKX Now 2026 Summit in Singapore, Ethereum co-founder Vitalik Buterin stated that AI is demonstrating the ability to break out of sandboxes, attack websites, and discover software vulnerabilities, while also helping the Ethereum protocol identify vulnerabilities, implement complex cryptography, and conduct formal verification.He believes that higher levels of security will become feasible and necessary, as AI will continuously discover exploitable vulnerabilities within systems.Vitalik revealed that about a month ago, he updated ENS information for the first time without using a user interface (UI), only requiring a local AI agent to write a script, which was completed in about 5 minutes. He anticipates that executing complex on-chain operations directly through AI will gradually become the norm, with AI becoming a new user interface in more scenarios.He cited the Safe-related hacking incident involving approximately $1.4 billion in losses as an example, pointing out that the attacks targeted the interaction layer between users and on-chain systems, rather than the on-chain contracts. Directly handling transactions with AI may reduce the risks associated with reliance on web interfaces, but it will also introduce new challenges, including whether the AI itself is secure, whether it can resist prompt injection, and whether it correctly understands on-chain operations. As interaction methods change rapidly, some issues will be resolved, while new security challenges will also emerge.
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