The Ethereum Foundation has highlights six places of security challenge for the future of the ecosystem in a Tuesday report, along with user experience issues and the social layer.
The analysis, formed by inputs from Ethereum stakeholders such as users and developers, note that the user experience, or UX, is one of the major security areas where Ethereum can improve its position.
“A significant burden of security has fallen to the user,” said the report, adding that “UX security and safety are the leading issue identified by feedback and consultation with the ecosystem.”
The main aspects of UX concerns include blind signing, approved and managing permission, and compromised web interfaces. “Many users are not used to safely manage cryptographic keys,” he said.
The report also Lists Areas such as smart-contract security, infrastructure and cloud security, consensus protocols, monitoring and incident response, including risk-reducing efforts, social layers and management.
The analysis features community concerns about centralization, including stake centralization and offchain asset centralization. “Centralization of large amounts of stakes can pose risks to Ethereum as a whole if creatures controlling that stake will decide to collude,” he said. This economic centralization creates the potential for obtaining social management. “
Related: Ethereum Privacy Roadmap suggests GDPR-Safe blockchain design
The report complies with a recent -only disclosed security effort. On May 14, the EF announced The “Trillion Dollar Security Initiative,” nominated Josh Stark from the Ethereum Foundation Management Team and Fredrik Svantes, a protocol security research lead, as co-seats.
According to the foundation, risks to the social layer and management “tend to be more long-term oriented, and concern in Ethereum as a whole than the security of individual users or application.”
Related: Staked Ethereum hits all the time high as ETH Top $ 2.7K
Ethereum leads to defi, RWA tokenization
The Ethereum blockchain is still the leading network of decentralized financial applications, despite growing competition throughout the layer-1 blockchain.
Ethereum costs $ 65 billion, or 55.6%, of $ 116.9 billion recorded Onchain with Defi Protocols until Tuesday, according to data from Defilma. Despite a gradual erosion of market sharing, Ethereum’s lead remains large compared to Solana’s 7.5%.
https://www.youtube.com/watch?v=eF3WCSS75Qy
Ethereum May A similar edge to the RWA tokenization market. Blockchain costs $ 7.35 billion, or 59.6% of the sector market. Its closest competitor, stellar of the layer-2 network, costs $ 465.8 million, or 3.8% of the market.
Magazine: Ethereum destroys competition in the race of tokenization tradfi tokenization
