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    EEA releases version 2 of EthTrust security level specification

    danygeemarketingBy danygeemarketingFebruary 2, 2024No Comments3 Mins Read

    The usual represents a significant step ahead in making certain the safety of the Ethereum ecosystem.

    Wakefield, Massachusetts — December 18, 2023 — this Enterprise Ethereum Alliance (EEA) immediately introduced the launch of EthTrust Safety Degree Specification Model 2.0.

    The specification was developed by safety specialists from greater than a dozen corporations, together with large names in Ethereum safety reminiscent of Diligence, OpenZeppelin, Hacken and CertiK, in addition to giant corporations reminiscent of Santander, Microsoft and Ernst & Younger. Notably, it consists of skilled safety corporations, their typical purchasers and impartial specialists who work collectively to enhance safety measures.

    Chaals Nevile, EEA technical challenge director, stated: “EthTrust represents a key development in making certain the safety of the Ethereum ecosystem. It serves as a complete ‘high quality examine’ for Ethereum and units the benchmark for safety requirements.”

    A sturdy framework for good contract safety

    The first operate of EthTrust is to offer a strong framework for auditing good contract code written in Solidity, the first language for Ethereum-based blockchains. The framework is designed to determine and proper identified safety vulnerabilities, offering a excessive degree of assurance concerning the safety of your code.

    Key beneficiaries of the brand new norm embody:

    1. Developer: EthTrust reduces the workload of safety reviewers by fixing basic issues. This implies decrease prices and a larger deal with discovering complicated or novel vulnerabilities.
    2. buyer: It provides purchasers confidence that safety opinions meet fundamental high quality requirements.
    3. Reviewer: Reviewers profit from a complete and up-to-date record of identified points. This simplifies their day-to-day duties, permitting them to deal with the extra complicated and artistic analytical elements of their position.

    Main enhancements

    This collaborative effort includes a 12 months and a half of data sharing and system revision throughout the European Financial Space (EEA) Ethereum Belief Working Group. The method represents a big enchancment over the unique model launched final 12 months, demonstrating the EEA’s capacity to conduct efficient ongoing upkeep and updates.

    Amongst different issues, enhancements embody:

    • Extra specific dealing with of read-only reentrancy
    • Some new bugs present in Solidity compiler
    • Explicitly deal with rounding errors
    • Simplify testing necessities to simplify the method for many builders with out compromising the power to cowl uncommon code; additionally
    • Replace specs with newly found vulnerabilities and focus changes to mirror altering developments in assaults.

    The brand new commonplace supplies dependable, industry-supported steering for the broader Ethereum/EVM-based blockchain ecosystem. The brand new requirements can be found freed from cost from the EEA on-line: EEA EthTrust Safety Degree Specification.

    contact methodology

    For extra details about this commonplace please contact: charles nevilleEuropean Financial Space Technical Mission Director, [email protected].

    Contact particulars for common EEA media inquiries: Tom LyonsCommunications and Content material Director EEA, [email protected].

    In regards to the European Financial Space

    The EEA is a member-led {industry} group whose purpose is to advertise using enterprise Ethereum and mainnet Ethereum blockchain know-how as open requirements to assist all enterprises.For extra data, see entethalliance.org.

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