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

The business of crypto VC is becoming promising

China's AI Compute Power Counterstrike

Global Assets Plunge: Hormuz, Chips, and a South Korean Holiday

Bloomberg has reported twice, Hyperliquid once again in Wall Street's radar

Trump Backs Crypto Bill, SEC Halts Leveraged ETF, What Is the English-Speaking Crypto Community Talking About?

OpenClaw Floods Into Polymarket, Some Making Tens of Thousands Per Month

Understanding Trump's "Warfare Playbook": Ten Signals Investors Must Know

Iranian Missile Heading Toward UAE, Claude Also Within Range

Successive Core Team "Heroes" Depart, Has Aave's DAO Dream Crumbled?

Is This the Year of the Robot? A Deep Dive into Robotics Projects

When AI Takes Over Money: Bitcoin Becomes the "First Choice," Fiat Is Left Out
AI Trading in Live Markets: 4 Lessons From a WEEX Hackathon Top 10 Finalist
AI trading meets real markets. Explore 4 lessons from a WEEX Hackathon Top 10 finalist on surviving volatility, trusting AI models, and building smarter crypto trading systems.

MegaETH Co-founder: 48 Hours After Leaving Dubai, I Reassessed the Entire Crypto Space

Web3 Winter Mass Exodus: Resignations, Closures, Transformations, and Acquisitions

Key Market Information Discrepancy on March 4th — A Must-Read! | Alpha Morning Report

During the weekend market closure, Hyperliquid more accurately predicted the Gold reopening price than Binance

OpenClaw thrusts crypto project Venice.ai into the spotlight as its token VVV surges over 500% in a single month
