d/acc-eth: Defensive Accelerating Ethereum by Han Tuzun | Devcon SEA

[Music] defensive accelerating ethereum ethereum is accelerating at a thrilling pace and scope ethereum is even innovating on how to innovate we have invented decentralized Innovation at scale there are hundreds of entities in the etherum ecosystem building researching creating CL tooling and like so many building blocks and ecosystem companies layer twos cross chains Bridges liquid staking risk staking and even more and we are learning how to inovate like this uh ethereum has been pushing for this decentralized way of innovation and building and we have just started learning how and the pace of ethereum and the uh should I start from the beginning or no and the pace of uh ethereum's innovation has been increasing every passing year every year the core protocol has more eips and the scope of these eips are larger and we have amazing Futures to look forward to just check out vitalik's recent book and uh we have had like this like the beam Cham proposal recently the future is amazing for itum however ethereum has existential risks just to remind 8 years ago at their Shanghai ethereum suffered an attack there is no guarantee that e ethereum will exist tomorrow or the next year or the 10 years later or a 100 years later for instance etherium would fail if the global internet Network would have a catastrophic failure due to a world tree or a solar event or anything else uh another issue is protocol bugs protocol bugs could lead to huge issues uh any self respecting e-commerce website has production like staging environments but at ethereum the dev Nets the test Nets and the simulations we have are nowhere close to replicating the complexity of ethereum's main net it is a huge ecosystem with so many different parties and conflict of interest and billions of dollars at scale sure we can rort most protocol issues but what if there are conflicts of interest between these ecosystem participants what if there is a a an issue at the protocol where uh optimistic rollups are okay but ZK rollups are screwed what if there are like billions of dollars at stake at each party and like what if vitalic and etherum Foundation may not be able to steer the direction again there could be a lot of disaster scenarios like this we can like talk about these forever but what should we do about these I suggest we need a new entity focusing on reducing ethereum's existential risks what EX exctly should we do we need to research these existential risks we need to quantify these existential risks we need to raise funds to mitigate these existential risks and then we should fund these research and development of these defensive Technologies against ethereum's existential risks but why a new entity because ethereum's existential risks are very important for Humanity these issues need a lot more attention and funding at ethereum there is this protocol Security Group and other devops groups but uh like they are not getting enough like resources funding and headcount and in the ecosystem we have an amazing ecosystem supporting the application layer and Beyond but the research and funding for these like protocol level are are severely lacking and in addition like there are a lot of Novel research problems on tackling these existential issues for instance we don't know how to quantify or incentivize defensive Technologies public good funding mechanisms are applicable here however defensive Technologies has no problems any defense deters attacks just because a defense exists some attacks may not materialize and won't materialize for this reason we don't know even how to evalate defensive Technologies in retrospect we also don't know how to evoluate a defensive technology proposal and its impact in the future open AI failed for this reason like open AI as this defensive technology AI company this like nonprofit no longer exists because we as Humanity like these like mechanisms to to fund and incentivized defensive Technologies there are like many novel issues on this like existential risk aspect as well for instance we cannot have prediction markets and fund these uh defensive Technologies through that because say you bet on ethereum that ethereum will fail and like you will never get your money back at Deon we are interested in the long game especially in this room ethereum will provide immense value to humanity over a very long time Horizon but if it fails we may never get a second chance of creating a decentralized world computer like ethereum for this we should take its existential risks very seriously please join me in this new telegram group and discuss how this exist risks could be mitigated and let's defensively exelorate ethereum forward thank you for listening thank you Han and yes please everyone join us and try to build a better solutions for to help Humanity so please questions for Han hello uh really great presentation Han thank you so much much when it comes to the different risks that you see would be worked on in this organization what would be the ratio between the technical risks and maybe the social and Regulatory risks in order to get the work done maybe even some priorities prioritization it would be interesting to understand what your thought processes around that yeah first of all I'm just evocating and bringing attention to this like lack of like research on this aspect we like to begin with in my opinion we are lacking a higher level uh risk analysis on like what are these risks for etherium so we don't know for instance if these like layer zero social issues are like biggest threat or like if this like lack of like good simulation of the protocol and Technical aspects are the biggest issue so like if I were to run such a initiative I would start by you know classifying these issues and roughly looking at you know what where are these like biggest risks and uh lots of these risks also depend on other research for instance uh risk of uh the global internet uh Network disruption uh could is is studied in in other aspects but like how it applies to ethereum and like how can we as effectively mitigate that as possible for ethereum like we could also make use of like other research in uh existential risks research and uh like other distributed Network and like other blockchain research sounds really amazing once again really great presentation thank you so much thank you for the question while we are there are you aware of some initia I mean I know that you are advocating but are you aware is there any initiatives that you can share with people apart from the telling group of course that you shared uh within etherum there's protocol Security Group working on this uh and it Panda op uh uh is the develops running the simulations uh and there are like uh other like companies working on tooling but like not directly on these so such an organization could fund these uh but what I would really like to have is something like uh the red Guild or seal but for protocol focus and like focusing on like mitigating these existential risks these people will support you in that okay let's see if there we have time for one more question no okay well please Round of Applause again for Han thank you thanks so much okay so we are