Ethereum is essentially 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 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 international economic system, surpassing the security and trustworthiness of the world’s legacy methods.
Immediately 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 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 software.
What’s going to the 1TS challenge 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, 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 in the course of 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 tasks.
(3) Speaking extra successfully about Ethereum’s safety. Customers of all types 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 evaluate these towards different blockchains and legacy methods.
Who will contribute to this challenge?
On the Ethereum Basis, the challenge will probably be pushed by Fredrik Svantes (Protocol Safety Lead) and Josh Stark (EF administration group) because the preliminary co-chairs of the challenge.
They are going to be supported by three ecosystem stewards who will assist information the challenge 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 means of responsibly disclosing dozens of crucial 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 bunch of safety assessments focusing on crucial infrastructure and purposes. With Sigma Prime, Mehdi leads a group of safety engineers devoted to the Blockchain house, serving to distinguished tasks safe their decentralized protocols.
Zach Obront
Zach is the 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 non-public audits, and uncovering crucial bugs to assist safe the ecosystem.
We wish your assist!
Reaching Trillion Greenback Safety is barely doable 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 need to hear from you!
Should you or your group is excited by contributing enter, please accomplish that by means of this form the place we’re gathering responses to assist inform our work.
In case you are excited by 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
