Ethereum is essentially the most safe blockchain ecosystem. That is the results of 10 years of progress and iteration throughout each degree of Ethereum’s know-how stack, from pockets UX to developer tooling to consensus protocol safety.
However being essentially the most safe platform within the crypto ecosystem isn’t sufficient. Ethereum’s ambition is much larger: to be civilization-scale infrastructure that securely underpins the web and world economic system, surpassing the security and trustworthiness of the world’s legacy techniques.
Immediately we’re saying the Trillion Greenback Safety initiative, an ecosystem-wide effort to improve Ethereum’s safety to assist carry the world onchain.
Reaching “Trillion Greenback safety” means a world the place:
Billions of people are every comfy storing greater than $1000 onchain, collectively amounting to trillions of {dollars} secured on Ethereum.Corporations, establishments or governments are comfy storing greater than 1 trillion {dollars} of worth inside a single contract or utility.
What’s going to the 1TS venture do?
This initiative has three elements:
(1) Mapping the panorama of safety strengths and assault vectors throughout each area and layer of Ethereum’s know-how stack. We are going to collect enter from throughout the ecosystem and synthesize this right into a safety overview report that may assist us establish focus areas.
This mapping will span a variety of domains, together with: UX (blind signing, frontend safety), pockets safety (firmware points, provide chain assaults), sensible contract safety (developer tooling, commonplace libraries), infrastructure (cloud safety, dependency administration), consensus and protocol safety (DOS dangers, stake centralization), web infra (DNS degree censorship), and extra.
(2) Executing on enhancements in focus areas recognized throughout the mapping overview. We are going to work intently 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 every kind ought to be capable of perceive, make the most of, and profit from Ethereum’s sturdy safety basis. Anybody ought to be capable of consider Ethereum’s safety requirements and evaluate these in opposition to different blockchains and legacy techniques.
Who will contribute to this venture?
On the Ethereum Basis, the venture shall be pushed by Fredrik Svantes (Protocol Safety Lead) and Josh Stark (EF administration group) because the preliminary co-chairs of the venture.
They are going to be supported by three ecosystem stewards who will assist information the venture 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 acquired his begin in crypto by way of responsibly disclosing dozens of important 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 info safety trade for over 15 years and has carried out lots of of safety assessments concentrating on important 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.
Zach Obront
Zach is the co-founder of Etherealize, the place he’s constructing merchandise to maneuver world 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 non-public audits, and uncovering important bugs to assist safe the ecosystem.
We would like your assist!
Attaining Trillion Greenback Safety is simply attainable 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 person or a safety auditing agency, we need to hear from you!
Should you or your group is all for contributing enter, please accomplish that by way of this type the place we’re amassing responses to assist inform our work.
If you’re all for sharing additional info, we’re eager to have extra in-depth discussions with stakeholders throughout the ecosystem. You may attain us at trilliondollarsecurity@ethereum.org
