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 much better: to be civilization-scale infrastructure that securely underpins the web and world economic system, surpassing the security and trustworthiness of the world’s legacy methods.
In the present day we’re saying 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.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 elements:
(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 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), good 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 through the mapping overview. We’ll work intently with the ecosystem to implement near-term excessive precedence fixes and allocate investments for long term enchancment tasks.
(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 sturdy safety basis. Anybody ought to be capable to consider Ethereum’s safety requirements and evaluate these towards different blockchains and legacy methods.
Who will contribute to this venture?
On the Ethereum Basis, the venture can be pushed by Fredrik Svantes (Protocol Safety Lead) and Josh Stark (EF administration workforce) 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 received his begin in crypto by 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 business for over 15 years and has carried out a whole lot of safety assessments concentrating on vital infrastructure and purposes. With Sigma Prime, Mehdi leads a workforce of safety engineers devoted to the Blockchain house, serving to distinguished tasks 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!
Reaching Trillion Greenback Safety is simply 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 consumer or a safety auditing agency, we wish to hear from you!
For those who or your group is all in favour of contributing enter, please accomplish that by this type the place we’re accumulating responses to assist inform our work.
In case you are all in favour of sharing additional info, we’re eager to have extra in-depth discussions with stakeholders throughout the ecosystem. You possibly can attain us at trilliondollarsecurity@ethereum.org
