Ethereum is probably 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 probably 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 programs.

As we speak we’re saying the Trillion Greenback Safety initiative, an ecosystem-wide effort to improve Ethereum’s safety to assist carry 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 is going to the 1TS undertaking 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’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), 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 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 every kind ought to be capable of perceive, make the most of, and profit from Ethereum’s sturdy safety basis. Anybody ought to be capable of consider Ethereum’s safety requirements and examine these towards different blockchains and legacy programs.

Who will contribute to this undertaking?

On the Ethereum Basis, the undertaking will probably be pushed by Fredrik Svantes (Protocol Safety Lead) and Josh Stark (EF administration staff) 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 bought his begin in crypto by way of responsibly disclosing dozens of vital vulnerabilities throughout varied 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 data safety trade for over 15 years and has carried out tons of of safety assessments focusing on vital infrastructure and functions. With Sigma Prime, Mehdi leads a staff of safety engineers devoted to the Blockchain area, serving to outstanding 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 non-public audits, and uncovering vital bugs to assist safe the ecosystem.

We wish your assist!

Attaining 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 occupied with contributing enter, please achieve this by way of this way the place we’re gathering responses to assist inform our work.

If you’re occupied with sharing additional data, we’re eager to have extra in-depth discussions with stakeholders throughout the ecosystem. You possibly can attain us at trilliondollarsecurity@ethereum.org

Replace: Following this weblog’s publication, a Safety Challenges Overview report was launched as a part of the Trillion Greenback Safety Initiative.