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

Huang Renxun's Latest Podcast: Will NVIDIA Reach $1 Trillion? Will the Number of Programmers Increase Instead of Decrease? How to Deal with AI Anxiety?

Besides Resolv Hack, This DeFi Vulnerability Type Has Occurred Four Times

Trump Cries Peace, $1.5 Billion Dash | Rewire News Evening Brief

From x402 to MPP: Cloudflare's crucial vote, will it go to Coinbase or Stripe?

BlackRock CEO issues annual open letter: The wave of tokenization has arrived, and we will lead this trend

When Backpack backstabs the community

When gold is no longer a safe haven, and Bitcoin continues to panic

Trump, the World's Largest Oil Trader

If the US and Iran have not reached an agreement in 5 days, what other cards does Trump have?

Tether Whale Dumps £12 Million, Backing Crypto’s ‘British Trump’

Ethereum Foundation Post: Rethinking the Division of Work Between L1 and L2 to Build the Ultimate Ethereum Ecosystem

Two Major Prediction Market Platforms Unite Rarely, What Is the Story Behind This New Fund?

Dragonfly Partners: Most agents will not engage in autonomous trading, how can crypto payments prevail?

US AI Startup Goes All In on Chinese Mega-Model | Rewire News Morning Brief

Trump Lies Again: A "Five-Day Pause" Psyop, How Wall Street, Bitcoin, and Polymarket Insiders Synced Uposciogen

When a Token Becomes Labor, People Become the Interface

Ceasefire News Leaked Ahead of Time? Large Polymarket Bets on Outcome Before Trump's Tweet

