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Exploring the public blockchain

Understanding the "Exit Test": Ethereum's Final Mile to Decentralization

"A protocol is only truly trustworthy when users' exit paths rely on no one."At the recent EthCC conference in France, Vitalik Buterin issued a stark warning: "If Ethereum fails to achieve true decentralization, its future faces existential risk." To address this, he proposed three key tests to evaluate a protocol’s sustainable decentralization:Exit Test (Walk-Away Test) – Can users safely withdraw assets if the team vanishes?Insider Attack Test – Can the system resist internal collusion?Trus...

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Ethereum’s Trillion-Dollar Ambition Hits the Accelerator: Are We Witnessing a "Great Return"?

The Ethereum ecosystem is undergoing a dual upgrade in security and user experience, propelling it toward becoming a trillion-dollar settlement layer. The Ronin sidechain’s announcement of transitioning from an independent blockchain to an Ethereum L2 solution marks the beginning of a "great return," reflecting Ethereum’s growing appeal in liquidity, security, and developer tools. Simultaneously, the Ethereum Foundation’s "Trillion-Dollar Security Plan" (1TS) has entered its second phase, shi...