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 way better: to be civilization-scale infrastructure that securely underpins the web and world financial system, surpassing the security and trustworthiness of the world’s legacy programs.
At this time 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.Firms, establishments or governments are snug storing greater than 1 trillion {dollars} of worth inside a single contract or software.
What is going to the 1TS undertaking 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 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), sensible contract safety (developer tooling, customary 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 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 every kind 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 programs.
Who will contribute to this undertaking?
On the Ethereum Basis, the undertaking will likely 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 received his begin in crypto by way 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 tons of of safety assessments concentrating on vital infrastructure and functions. With Sigma Prime, Mehdi leads a group of safety engineers devoted to the Blockchain area, 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 doable with the help 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 need to hear from you!
If you happen to or your group is considering contributing enter, please accomplish that by way of this type the place we’re accumulating responses to assist inform our work.
In case you are considering 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
