Ethereum is probably the most safe blockchain ecosystem. That is the results of 10 years of progress and iteration throughout each stage of Ethereum’s expertise stack, from pockets UX to developer tooling to consensus protocol safety.
However being probably the most safe platform within the crypto ecosystem isn’t sufficient. Ethereum’s ambition is way larger: to be civilization-scale infrastructure that securely underpins the web and international financial system, surpassing the protection and trustworthiness of the world’s legacy techniques.
In the present day we’re asserting the Trillion Greenback Safety initiative, an ecosystem-wide effort to improve Ethereum’s safety to assist deliver the world onchain.
Reaching “Trillion Greenback safety” means a world the place:
- Billions of people are every snug storing greater than $1000 onchain, collectively amounting to trillions of {dollars} secured on Ethereum.
- Firms, establishments or governments are snug storing greater than 1 trillion {dollars} of worth inside a single contract or utility.
What’s going to the 1TS undertaking do?
This initiative has three parts:
(1) Mapping the panorama of safety strengths and assault vectors throughout each area and layer of Ethereum’s expertise stack. We’ll collect enter from throughout the ecosystem and synthesize this right into a safety overview report that can assist us determine focus areas.
This mapping will span a variety of domains, together with: UX (blind signing, frontend safety), pockets safety (firmware points, provide chain assaults), good contract safety (developer tooling, customary libraries), infrastructure (cloud safety, dependency administration), consensus and protocol safety (DOS dangers, stake centralization), web infra (DNS stage censorship), and extra.
(2) Executing on enhancements in focus areas recognized throughout the mapping overview. We’ll work carefully with the ecosystem to implement near-term excessive precedence fixes and allocate investments for long run enchancment initiatives.
(3) Speaking extra successfully about Ethereum’s safety. Customers of all types ought to be capable to perceive, make the most of, and profit from Ethereum’s robust safety basis. Anybody ought to be capable to consider Ethereum’s safety requirements and examine these in opposition to different blockchains and legacy techniques.
Who will contribute to this undertaking?
On the Ethereum Basis, the undertaking shall be pushed by Fredrik Svantes (Protocol Safety Lead) and Josh Stark (EF administration group) because the preliminary co-chairs of the undertaking.
They are going to be supported by three ecosystem stewards who will assist information the undertaking and supply enter and recommendation.
samczsun
samczsun is the founding father of the Safety Alliance (SEAL) and works with main technologists and researchers to safe the way forward for crypto. He bought his begin in crypto by responsibly disclosing dozens of essential vulnerabilities throughout numerous protocols and publishing technical writeups. He’s additionally a safety advisor at Paradigm.
Mehdi Zerouali
Mehdi is a co-founder & director of Sigma Prime, a number one blockchain safety and analysis firm. Mehdi has been within the offensive data safety trade for over 15 years and has carried out a whole bunch of safety assessments concentrating on essential infrastructure and purposes. With Sigma Prime, Mehdi leads a group of safety engineers devoted to the Blockchain area, serving to outstanding initiatives safe their decentralized protocols.
ZADE
Zach is a co-founder of Etherealize, the place he’s constructing merchandise to maneuver international monetary infrastructure onto Ethereum. He spearheaded the preliminary construct of OP Succinct, the primary full ZK validity proof model of the OP stack. Zach has been working in web3 safety since 2022, main audit contests, engaged on personal audits, and uncovering essential bugs to assist safe the ecosystem.
We would like your assist!
Attaining Trillion Greenback Safety is just doable with the help of the broad Ethereum ecosystem.
We would like your perspective and enter on the place Ethereum’s safety wants to enhance. Whether or not you’re a person consumer or a safety auditing agency, we need to hear from you!
In case you or your group is fascinated with contributing enter, please accomplish that by this manner the place we’re accumulating responses to assist inform our work.
If you’re fascinated with sharing additional data, we’re eager to have extra in-depth discussions with stakeholders throughout the ecosystem. You’ll be able to attain us at trilliondollarsecurity@ethereum.org
Replace: Following this weblog’s publication, a Safety Challenges Overview report was launched as a part of the Trillion Greenback Safety Initiative.
