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Mitchell Amador
@MitchellAmador
Founder @immunefi, shaping the future, read my ideas at
Joined January 2021
639 Following    6.1K Followers
The Future of On-Chain Security Is Human. Crypto security platforms are abandoning security researchers for AI. A lot of the platforms that built their name on security researchers are pivoting hard into AI. It is an understandable move. AI auditing is a real opportunity, the teams pursuing it are serious, and proprietary tooling has a clear commercial story. We are not against AI. It will play a meaningful role in the future of this industry. But the shift has come at a cost. Contests are smaller. Communication is thinner. Researchers who spent years building reputations on these platforms have been deprioritized as the roadmaps point elsewhere. We are making a different bet. Independent security researchers have prevented billions of dollars in losses across crypto. Every major class of vulnerability we now consider "standard knowledge" was first surfaced by a person. The frontier has always been pushed by humans working in the open. That is not an argument against AI. It is an argument about what AI cannot do alone. In fact, the best researchers are already using AI as leverage. Since AI tooling became more accessible, we have seen a clear rise in both the volume and quality of serious submissions. Yes, spam has increased too. But over the past two years, we have seen serious hunters submit stronger work, earn larger payouts, and outperform their own pre-AI baselines. We have seen new researchers appear almost overnight and climb to the top of leaderboards by using AI to move through codebases faster, ask better questions, and hunt at a scale that was not possible before. And we have seen already-elite researchers become even more dangerous with it. @Riptide was exceptional before AI. With AI as leverage through @therealgregoAI, he is operating at another level. Researchers find what nobody has seen yet. The two are complementary, but only one of them scales adversarial creativity. We think crowdsourced security is still the strongest security foundation crypto has. AI isn’t diminishing crowdsourced security; it’s making it even stronger, more effective, more critical. Bug bounties. Audit competitions. Shared knowledge. Researchers compensated fairly for the value they create. That is the bet we have always made. That is the bet we are doubling down on now. We are scaling crowdsourced security in ways this industry has not seen before. The protocols that will survive the next decade are the ones being tested by thousands of adversarial minds in the open. Supercharged by AI, absolutely, but non-negotiably human at their core. If you are a security researcher and the past year has felt different, you are not imagining it. Come build with us. We are going somewhere new, and we want you with us when we get there.
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