Ethereum Foundation releases 1TS report outlining ecosystem security challenges
Odaily News The Ethereum Foundation announced the "Trillion-Level Security" (1TS) plan last month, an ecosystem-level effort to upgrade Ethereum security. Today, the first 1TS report was released to outline the existing security challenges in the Ethereum ecosystem. The "Security Challenges Overview" report outlines challenges in six key areas:
User experience: issues that affect users’ ability to securely manage private keys, interact with on-chain applications, and sign transactions;
Smart Contracts: Security of the smart contract components of Ethereum applications, and the software production lifecycle that shapes them;
Infrastructure and cloud security: Infrastructure issues that Ethereum applications rely on (both cryptocurrency-specific and traditional infrastructure), such as L2 chains, RPC, cloud hosting services, etc.
Consensus protocol: The security feature of the core protocol that protects the Ethereum blockchain from attack or manipulation;
Monitoring, incident response, and mitigation: The challenges users and organizations face when responding to security breaches, particularly in terms of recovering funds or managing subsequent impact;
Social Layer and Governance: Ethereum’s open source governance, community, and organizational ecosystem.
