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 expertise 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 way larger: to be civilization-scale infrastructure that securely underpins the web and world financial system, surpassing the protection and trustworthiness of the world’s legacy programs.
As we speak we’re asserting the Trillion Greenback Safety initiative, an ecosystem-wide effort to improve Ethereum’s safety to assist convey 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.Corporations, establishments or governments are snug storing greater than 1 trillion {dollars} of worth inside a single contract or software.
What’s going to the 1TS venture 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 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, normal 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 through the mapping overview. We are going to work carefully with the ecosystem to implement near-term excessive precedence fixes and allocate investments for long term enchancment initiatives.
(3) Speaking extra successfully about Ethereum’s safety. Customers of every kind ought to have the ability to perceive, make the most of, and profit from Ethereum’s sturdy safety basis. Anybody ought to have the ability to consider Ethereum’s safety requirements and examine these towards different blockchains and legacy programs.
Who will contribute to this venture?
On the Ethereum Basis, the venture will likely be pushed by Fredrik Svantes (Protocol Safety Lead) and Josh Stark (EF administration crew) 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 obtained his begin in crypto by means of responsibly disclosing dozens of vital 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 a whole lot of safety assessments concentrating on vital infrastructure and functions. With Sigma Prime, Mehdi leads a crew of safety engineers devoted to the Blockchain area, serving to distinguished initiatives safe their decentralized protocols.
Zach Obront
Zach is a 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 personal audits, and uncovering vital bugs to assist safe the ecosystem.
We wish your assist!
Attaining Trillion Greenback Safety is barely attainable with the assist of the broad Ethereum ecosystem.
We wish 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 wish to hear from you!
Should you or your group is fascinated about contributing enter, please accomplish that by means of this type the place we’re accumulating responses to assist inform our work.
If you’re fascinated about sharing additional info, 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
