Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Vitalik: If Decentralization Is Just a Slogan, Ethereum Faces Risks
BlockBeats News, July 3rd, according to CoinDesk's report, Ethereum co-founder Vitalik Buterin stated at the EthCC conference in France that if decentralization remains only at the slogan level, Ethereum will face an existential crisis. He proposed three core test standards:
1. Exit Test (whether user assets are safe after the project team disappears);
2. Insider Attack Test (the system's ability to resist internal wrongdoing);
3. Trusted Computing Base Test (the amount of code trust required to protect user assets).
Vitalik pointed out that currently, most Layer2 networks and DeFi projects rely on tamperable backdoors or centralized front ends, and privacy solutions often expose user transaction history due to reliance on third-party logins. He emphasized the need to make privacy a default feature and streamline the code trust base. On the tenth anniversary of the Ethereum mainnet launch, he warned that if true decentralized protection cannot be achieved, Ethereum may repeat the fate of other technologies that were once in the limelight but quickly faded.
You may also like
How long can the Ethereum ecosystem survive after the launch of Mythos?
Morning News | Yi Lihua establishes AI fund OpenX Labs; Pharos Network completes $44 million Series A financing; Iran demands that Hormuz tankers pay Bitcoin as tolls
Ray Dalio's new article: The world is entering a war cycle
IOSG: When Fintech Meets Crypto Native: The Next Decade of Digital Finance
They knew in advance that Trump would tweet about a ceasefire, entered with $20k, and exited with $400k.
The biggest bottleneck in DeFi development
CZ Memoir Released: Reveals a Large Amount of Industry Insider Information, Prompting Intense Rebuttal from Xu Mingxing
a16z: After securities are on the blockchain, why will intermediary institutions be replaced by code?
XRP Tokyo Is Here: What We Learn and What’s Next for XRP Price
Key Takeaways: Ripple’s 2025 XRP Tokyo event highlights a projected $33 trillion on-chain stablecoin volume by 2026. Significant…
Solana’s Future: Navigating the $285M Hack, Rug Pulls, and Milei Libra Scandal
Key Takeaways: Multiple Crises: Solana faces a $285 million hack, allegations of rug pulls, and the Milei Libra…
BTC USD Faces Tension: Markets React to Trump’s Dire Warning
Key Takeaways: Bitcoin’s price drops sharply below $70,000 amid geopolitical tensions, playing off Trump’s dramatic 8 PM ultimatum…
Bitcoin Price Surge: Ceasefire Sparks Optimism Hits $71K
Key Takeaways: After the US-Iran ceasefire announcement, Bitcoin surged beyond $71,000, marking its highest in a month. A…
Ethereum Price Forecast: Record $180 Billion Stablecoin Supply Marks Buyers’ Return
Key Takeaways: Ethereum’s stablecoin supply has surged to a record $180 billion, marking a 150% increase over the…
Emerging Evidence Links Argentina’s Milei to LIBRA Crypto Scandal
Key Takeaways: Evidence unveiled by Argentina’s federal prosecutors links President Javier Milei to the LIBRA token through call…
US Spot Bitcoin ETFs See Surge as BTC Nears $70K; LiquidChain and Layer-3 DeFi Rise
Key Takeaways: U.S. spot Bitcoin ETFs absorbed $471 million in a single day, moving BTC closer to the…
Bitcoin Price Prediction: Decoupling from Tech Stocks, Shaped by Geopolitics and AI Turmoil
Key Takeaways: Bitcoin is decoupling from tech stocks as geopolitical tensions and AI crises reshape the market, currently…
Chaos Labs Departure Leaves Aave Without Risk Management Amidst Governance Conflict
Key Takeaways: Aave, with a $50 billion TVL, is currently operating without a risk manager due to Chaos…
Grayscale Ethereum ETF Staking: A New Catalyst for $5,700?
Key Takeaways: Grayscale’s Ethereum Staking ETF introduces a yield-bearing structure that could significantly reshape investor sentiment. Ethereum’s price…
App