The Ethereum Foundation has so far released the first report in its most extensive security initiative, which maps the critical risks that Ethereum (ETH) maps) must tackle to support billions in the worldwide on-chain value.
The first trillion dollar protection (1TS) report Outlines what individuals, institutions and governments need to entrust considerably larger amounts to the network. The report follows several comparable in -depth initiatives that the foundation has taken in recent weeks after a restructuring effort.
Based on extensive feedback from developers, users and security professionals, the report identifies vulnerabilities in six core areas: user experience, smart contracts, infrastructure, consensus, incident disposition and governance.
The report will serve as a fundamental route map for the next phase of Ethereum security improvements.
Vulnerabilities in the ecosystem
According to the report, much of Ethereum’s security burden still falls among end users due to a poor wallet, blind signing and inconsistent consent controls. These problems continue to cause recurring threats, while fragmented wallet standards impedes safe use.
In addition, institutional users are confronted with extra friction when managing tests, audit paths and adapted workflows, which are poorly supported by the current infrastructure.
The report also emphasized that smart contract protection, although improved, still suffers from upgrade risks, access control and low acceptance of formal verification.
Meanwhile, dependencies on centralized infrastructure, such as RPC providers, DNS and Cloudhosts, the decentralization guarantees of Ethereum. Layer-2 solutions introduce new complexities, while the potential for ISP level censorship and DNS Kaacking continues to be investigated.
At the protocol level, the report noted that the centralization of the validator and unclear recovery procedures will continue to express the concerns about the resilience of Ethereum in peripheral errors.
It also marked a long -term transition to quantum -resistant cryptography as an essential step.
Coordinate a safe future
According to the report, Ethereum’s ability to respond to threats remains limited by gaps in monitoring, coordination and recovery.
Responders are often confronted with delays when they try to contact compromised teams or escalation problems on various platforms. Without clear communication channels or predetermined contacts, valuable time is lost during incidents.
The report also noticed a lack of effective monitoring aids for early detection of threats on chains and off-chain. In many cases, infringement on security will continue to go unnoticed until after the damage has been caused.
Insurance coverage remains scarce. In contrast to traditional financial systems, Ethereum applications have limited access to insurance, so that users and organizations are exposed to total loss in the event of an exploit.
On the board side, the report warned that the social layer of Ethereum, its network of developers, institutions and cultural standards themselves is a potential vector for attack. The emphasized risks of centralization of the importance, regulatory pressure and the influence of organizations that can shift the direction of Ethereum of neutrality.
The lack of established processes for “Social Slash” was also marked as a critical gap in the case of Validator Collusion or Protocolafvang.