1 month ago
Ethereum is the astir unafraid blockchain ecosystem. This is the effect of 10 years of advancement and iteration crossed each level of Ethereum’s exertion stack, from wallet UX to developer tooling to statement protocol security.
But being the astir unafraid level successful the crypto ecosystem isn’t enough. Ethereum’s ambition is acold greater: to beryllium civilization-scale infrastructure that securely underpins the net and planetary economy, surpassing the information and trustworthiness of the world’s bequest systems.
Today we are announcing the Trillion Dollar Security initiative, an ecosystem-wide effort to upgrade Ethereum’s information to the levels required to bring the satellite onchain.
Reaching “Trillion Dollar security” means a satellite where:
- Billions of individuals are each comfy storing much than $1000 onchain, collectively amounting to trillions of dollars secured connected Ethereum.
- Companies, institutions oregon governments are comfy storing much than 1 trillion dollars of worth wrong a azygous declaration oregon application.
What volition the 1TS task do?
This inaugural has 3 components:
(1) Mapping the scenery of information strengths and onslaught vectors crossed each domain and furniture of Ethereum’s exertion stack. We volition stitchery input from crossed the ecosystem and synthesize this into a information overview study that volition assistance america place absorption areas.
This mapping volition span a wide scope of domains, including: UX (blind signing, frontend security), wallet information (firmware issues, proviso concatenation attacks), astute declaration information (developer tooling, modular libraries), infrastructure (cloud security, dependency management), statement and protocol information (DOS risks, involvement centralization), net infra (DNS level censorship), and more.
(2) Executing connected improvements successful absorption areas identified during the mapping overview. We volition enactment intimately with the ecosystem to instrumentality near-term precocious precedence fixes and allocate investments for longer word betterment projects.
(3) Communicating much efficaciously astir Ethereum’s security. Users of each kinds should beryllium capable to understand, utilize, and payment from Ethereum’s beardown information foundation. Anyone should beryllium capable to measure Ethereum’s information standards and comparison these against different blockchains and bequest systems.
Who volition lend to this project?
At the Ethereum Foundation, the task volition beryllium driven by Fredrik Svantes (Protocol Security Lead) and Josh Stark (EF absorption team) arsenic the archetypal co-chairs of the project.
They volition beryllium supported by 3 ecosystem stewards who volition assistance usher the task and supply input and advice.
samczsun
samczsun is the laminitis of the Security Alliance (SEAL) and works with starring technologists and researchers to unafraid the aboriginal of crypto. He got his commencement successful crypto done responsibly disclosing dozens of captious vulnerabilities crossed assorted protocols and publishing method writeups. He is besides a information advisor astatine Paradigm.
Mehdi Zerouali
Mehdi is simply a co-founder & manager of Sigma Prime, a starring blockchain information and probe company. Mehdi has been successful the violative accusation information manufacture for implicit 15 years and has performed hundreds of information assessments targeting captious infrastructure and applications. With Sigma Prime, Mehdi leads a squad of information engineers dedicated to the Blockchain space, helping salient projects unafraid their decentralized protocols.
Zach Obront
Zach is the co-founder of Etherealize, wherever helium is gathering products to determination planetary fiscal infrastructure onto Ethereum. He spearheaded the archetypal physique of OP Succinct, the archetypal afloat ZK validity impervious mentation of the OP stack. Zach has been moving successful web3 information since 2022, starring audit contests, moving connected backstage audits, and uncovering captious bugs to assistance unafraid the ecosystem.
We privation your help!
Achieving Trillion Dollar Security is lone imaginable with the enactment of the wide Ethereum ecosystem.
We privation your position and input connected wherever Ethereum’s information needs to improve. Whether you are an idiosyncratic individual oregon a information auditing firm, we privation to perceive from you!
If you oregon your enactment is funny successful contributing input, delight bash truthful done this form wherever we are collecting responses to assistance pass our work.
If you are funny successful sharing further information, we’re keen to person much in-depth discussions with stakeholders crossed the ecosystem. You tin scope america astatine trilliondollarsecurity@ethereum.org
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