Vitalik: If decentralization is just a slogan, Ethereum will face risks.

PANews, July 2nd news, according to CoinDesk, Ethereum co-founder Vitalik Buterin warned at the EthCC conference in France that if decentralization remains only a slogan, Ethereum will face an existential crisis. He proposed three core testing standards: 1. Exit test (whether user assets are safe after the project party disappears); 2. Internal attack test (the system's ability to resist internal malfeasance); 3. Trusted computing foundation test (the amount of code required to protect user assets that needs to be trusted). Buterin pointed out that the majority of current Layer2 networks and DeFi projects rely on mutable backdoors or centralized frontends, and privacy solutions often expose users' transaction histories due to reliance on third-party logins. He emphasized the need to make privacy a default feature and to streamline the trust base of the code. On the occasion of the tenth anniversary of the Ethereum mainnet, he warned that if true Decentralization guarantees cannot be achieved, Ethereum may repeat the fate of other technologies that were short-lived.