The Ethereum Foundation team has published the first report as part of the Trillion Dollar Security initiative.
Researchers identified six key areas that require significant improvements to ensure the security of the network in the future.
According to the authors, the current Ethereum ecosystem already supports capital amounting to over $600 billion.
1. User Experience: The main risk is the irreversibility of transactions, leading to loss of funds due to mistakes or key compromises.
2. Smart Contract Security: Despite significant progress in this area, vulnerabilities in the code remain a serious threat.
3. Infrastructure and Cloud Security: The Ethereum ecosystem heavily relies on centralized providers such as AWS and CloudFlare.
4. Consensus Level Risks: The consensus protocol is reliable, but long-term threats exist.
5. Monitoring and Incident Response: Coordinating actions and responding promptly during attacks is challenging.
6. Social Level and Governance: The centralization of staking and real assets gives issuers and holders influence over the network.
The goal is to create a secure environment for storing funds on the blockchain and trust in smart contracts worth trillions of dollars.