If AI is this capable I'm wondering what QC can do

[5W-KILO]

At this point it seems that expert audits doesn't count anymore.
Once upon a time we will go for projects that are audited by popular audits as one of the few ways to know if we can trust a project or not.

Quantum computer is still a threat and we haven't seen anyone attack or jailbreak of a Blockchain system from QC yet but now AI are the ones sniffing out holes in Blockchain.

In short, AI can now hack Blockchains.
This is very sad and I still don't understand how we got here.

I will like you use Zcash as an example
A trusted privacy coin, has a flaw since 4 years ago and it takes only a day for AI to sniffed it out, this is very sad.

Why the hell do this project have Devs and teams? It would have been better if the teams are the ones that use AI to find the flaw out.
If AI can do this then many alternative coins might be swimming in flaws as we speak.

1. I hope that audit companies will start to implement capable AI too, so that they can detect this type of flaws out.
2. Or the Blockchain teams and Devs themselves should start using powerful AI to check their Blockchain system.

For the first time, I can say that I accept the potential of AI, I never knew AI is this capable.

[uneng]

I will like you use Zcash as an example
A trusted privacy coin, has a flaw since 4 years ago and it takes only a day for AI to sniffed it out, this is very sad.

It could have been worst. At least AI was used in this case to find out the bug and fix it, instead of being used to steal funds from a wallet. As you can see, AI is being used in a positive way by developers to find errors and improve security of their systems.

And that is the most likely scenario you are going to see from now on: AI being used to build and to improve, instead of being used to destroy and to steal.

[Joy_learns_crypto]

I will let this reply from NotFuzzyWarm do the talking and also give you a good reply

For God's sake folks!  This makes THREE threads started on this topic in the past week....
Please try scanning through existing topics before posting your 'revelations' so you can:
 A. Learn more about it
 B. Perhaps add to the discussion without others having to constantly repeat known facts to bring new posts up to speed

Most active one is https://bitcointalk.org/index.php?topic=5579141.msg66575228#msg66575228
Other current ones:

• Be careful what you choose to believe about Quantum
• Quantum threat ignored by Bitcoin developers
• Bitcoin Under Quantum Threat? New Google Data Warns About 2029 Deadline

Oh and

Google said that the quantum computer can decrypt the bitcoin Blockchain in 9 minutes

is NOT what they said... Their research mentioned the POSSIBILITY of attacking 1 block ( more specifically tx's in it) still in mempool in under 9min, not the chain.

It’s now becoming too much, there is no Quantum computer apocalypse going to happen, the Qc thread is now a Qc panic obsession that can be cured doing your research on existing Qc topics.

[Comeacross]

The problem is always with us humans. AI is just a tool but how and what we use it for depend on us entirely.

Ai is not attacker but the bad guys are using it negatively. Some devs now use AI tools to run a check on their code internally but attackers also use it from different angle. Now it's a matter of who know how to use it the most.

[Fortify]

At this point it seems that expert audits doesn't count anymore.
Once upon a time we will go for projects that are audited by popular audits as one of the few ways to know if we can trust a project or not.

Quantum computer is still a threat and we haven't seen anyone attack or jailbreak of a Blockchain system from QC yet but now AI are the ones sniffing out holes in Blockchain.

In short, AI can now hack Blockchains.
This is very sad and I still don't understand how we got here.

You seem a little confused about what these two things are and how they work. Sure, AI can analyze code and find weaknesses in it to exploit - this is not limited to the blockchain, but similar vulnerabilities have been found in operating systems, websites and plenty of places that we otherwise thought were secure because a human couldn't think or program enough variants to throw at it. The most cutting edge forms of AI are starting to break code like that, but they still sit on an underlying computer system. Quantum computing would be a massive speed increase to current computer systems so instead of AI taking days or months to trawl through code, it could do it in seconds. That is the distinguishing factor here, the speed of processing data.

[Doll2233]

The auditors works with very limited budgets and limited human attention span and limited time and the audits were never the guarantee that the projects were free from any sort of vulnerability and even though we have very high end projects they still can have bugs that can remain hidden for many years,  what AI is actually doing is it is increasing the speed of analysis and it can easily review large amount of codes it can compare patterns acrose repositories and test scenario's much faster than human beings that does not mean that AI is hacking blockchain it is just helping the researcher discover their weaknesses that they often overlook.
Example of Zcash shows that even very trusted project can contain flaws for a long period of time without even being noticed by anyone , the developers of it should take it as another security tool and there auditors security researchers the all should use AI to strengthen their system before attackers can exploit weaknesses and as for quantum computing it is a long term

[Coyster]

In short, AI can now hack Blockchains.

If there are vulnerabilities within any system, there is a possibility that it would be exploited. And those who have the skill and resources would employ tools that would make the job easier and that includes the use of AI. But this does not mean the same thing as "AI can now hack blockchains" like you've said, so you're wrong.

Quantum computer is still a threat and we haven't seen anyone attack or jailbreak of a Blockchain system from QC yet but now AI are the ones sniffing out holes in Blockchain.

The "threat" of quantum computers is not real yet. And yes, AI can be an important tool in identifying vulnerabilities because of how fast it can analyze data, but the vulnerability has to exist first.

[mindrust]

I will like you use Zcash as an example
A trusted privacy coin, has a flaw since 4 years ago and it takes only a day for AI to sniffed it out, this is very sad.

It could have been worst. At least AI was used in this case to find out the bug and fix it, instead of being used to steal funds from a wallet. As you can see, AI is being used in a positive way by developers to find errors and improve security of their systems.

And that is the most likely scenario you are going to see from now on: AI being used to build and to improve, instead of being used to destroy and to steal.

We won't always be that lucky. What about next time? Thanks to AI everybody is expert at everything now. Some the US government recently banned some AI model because they said it was way too capable. China will close the gap and let everybody use them highly capable AI models eventually. Then the real shitshow will begin. So havent seen anything so far.

[slapper]

Why these projects have dev teams if dev teams are not using these models on their own code? And I do not mean that as disrespect.

The quantum computing angle, however. In March, Google released a paper that claimed one had to install less than 500,000 physical qubits to break ECC. Previous estimates were in the millions. It is not quite there yet, but the distance is closing and. Despite NIST finalizing the standards in 2024, not many chains have actually made the switch to post-quantum cryptography.

So we have AI finding bugs that humans cannot find. And quantum computing on the verge of cracking the cryptography system that everything is based on. And most projects are taking no action on either.

Your two ideas at the end are pretty much correct. AI-enhanced auditing must be an ongoing process, not a tick-the-box exercise. The old way of paying CertiK or anyone else one time and sleeping tight at night? That is gone. Zcash just proved that it is gone.

And the less funded altcoins, the smaller team, the less eyes on the code? Yeah. I just do not want to think about what is written in those contracts these days.