Vitalik: If decentralization is just a slogan, Ethereum will face risks.

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PANews July 2 news, according to CoinDesk, Ethereum co-founder Vitalik Buterin warned at the EthCC conference in France that if decentralization remains merely a slogan, Ethereum will face a survival crisis. He proposed three core testing standards: 1. Exit test (whether user assets are safe after the project party disappears); 2. Internal attack test (the system's ability to withstand internal malice); 3. Trusted computing foundation test (the amount of code needed to protect user assets that requires trust). Buterin pointed out that most Layer2 networks and DeFi projects currently rely on mutable backdoors or centralized frontends, and privacy solutions often expose users' transaction histories due to reliance on third-party logins. He emphasized the need to make privacy a default feature and streamline the trust basis of the code. On the occasion of the tenth anniversary of Ethereum's mainnet launch, he warned that if true decentralization guarantees cannot be achieved, Ethereum may repeat the fate of other technologies that were fleeting.

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Success1905vip
· 07-02 16:07
1000x Vibes 🤑
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