Bitget App
Trade smarter
MarketsTradeFuturesEarnSquareMore
Ethereum News Today: Ethereum’s Unyielding Approach: Shutting the Door on Centralization

Ethereum News Today: Ethereum’s Unyielding Approach: Shutting the Door on Centralization

Bitget-RWA2025/11/15 21:36
By:Bitget-RWA

- Ethereum co-founders release "Trustless Manifesto" on blockchain to reinforce decentralization amid ecosystem centralization risks. - Document encoded in ownerless smart contract emphasizes self-custody, public verifiability, and rejecting convenience-driven centralization. - Warns against AWS outages and hosted RPCs creating single points of failure, citing 25% throughput loss on Coinbase's Base chain. - Critiques Paradigm's growing influence and institutional staking risks, proposing DVT to mitigate ce

Ethereum co-founder Vitalik Buterin and the

Foundation have introduced a new "Trustless Manifesto," a document permanently recorded on the Ethereum blockchain to reaffirm the network’s dedication to decentralization, especially as concerns about centralizing forces in the ecosystem grow. Authored by Buterin and the Foundation’s Account Abstraction team, the manifesto , user control, and transparency, explicitly rejecting the prioritization of financial efficiency or convenience. The document is embedded in a smart contract with no owner or administrator, featuring a single function, `pledge()`, which lets users publicly show their support without any incentives such as airdrops or rewards .

This manifesto comes at a time when Ethereum is under increasing scrutiny for allegedly moving toward centralization. Former core developer Péter Szilágyi recently claimed that a small group of insiders essentially steer Ethereum’s direction by controlling attention, funding, and protocol choices, forming a “ruling elite” that threatens decentralization

.
Ethereum News Today: Ethereum’s Unyielding Approach: Shutting the Door on Centralization image 0
The manifesto directly addresses these issues, cautioning that shortcuts for convenience—like hosted RPCs, centralized rollup sequencing, and dependence on cloud services such as AWS—undermine trustlessness by introducing single points of failure. For example, a recent AWS disruption on Coinbase’s Base chain, while using multiple cloud providers allowed and Optimism to remain unaffected.

The manifesto details six essential criteria for decentralized networks: self-sovereignty, public verifiability, resistance to censorship, the ability to replace operators, accessibility, and transparent incentive structures. It also sets out three “laws” to guard against centralization: no single party should hold critical secrets, no irreplaceable intermediaries, and all outcomes must be verifiable.

to keep systems open and neutral. The document criticizes Ethereum’s current dependence on centralized infrastructure, where, despite its open design, spam filters and blocklists have effectively centralized the operation of self-hosted servers.

Paradigm, a venture capital firm managing $12.7 billion in assets, has also faced questions about its growing sway over Ethereum. The company funds major open-source projects like Reth, employs leading researchers, and has launched Tempo, a layer-1 blockchain with backing from traditional finance institutions. Ethereum core developer “Fede’s intern” has cautioned that Paradigm’s expanding role could pose a “significant tail risk” to the ecosystem, as business interests might shift priorities away from community-led decentralization

.

The release of the manifesto comes amid ongoing discussions about Ethereum’s governance and the influence of institutions in staking. With staking-based ETFs expected to draw more institutional players, there are worries that large ETH holdings could threaten the network’s security.

is being considered as a way to reduce centralization by spreading validator responsibilities across several nodes.

For Buterin and the Ethereum Foundation, the Trustless Manifesto is a renewed philosophical pledge to the blockchain’s founding ideals: enabling collaboration without intermediaries. “Trustlessness isn’t an add-on; it’s the core principle,” the document asserts,

preserving the delicate foundation of trustless systems. As Ethereum continues to grow, the manifesto acts as both a caution and a guide, that could transform the network from a neutral protocol into a proprietary system.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

DASH surges 30.39% over the past week amid strategic growth moves and positive analyst revisions

- DoorDash's DASH stock fell 10.59% in 24 hours but surged 30.39% in 7 days, driven by a strategic Old Navy partnership expanding retail delivery services. - Acquisitions of Deliveroo and autonomous delivery partnerships with Coco Robotics, plus $10.72B revenue and 49.2% gross margin, strengthened market leadership. - Analysts raised price targets to $260 with "Outperform" ratings, citing growth potential despite a high 98.1 P/E ratio reflecting market optimism. - Technical analysis shows bullish reversal

Bitget-RWA2025/11/16 20:34

Aster News Today: Optimism Faces Prudence: ASTER Approaches $1.21 Following RSI CEO's 16% Stake Sale

- Aster (ASTER) rose 8% toward $1.21 as Binance-backed DEX hit $3T in cumulative trading volume. - RSI CEO sold 16% stake ($11M+), raising doubts despite Q2 revenue growth (19.7%) and EPS beat. - ASTER faces mixed signals: bullish triangle pattern vs. declining fees, 50% open interest drop, and stagnant adoption. - Analysts remain divided: RSI's 22% YTD gain contrasts with ASTER's uncertain breakout potential amid waning trader enthusiasm.

Bitget-RWA2025/11/16 20:02
Aster News Today: Optimism Faces Prudence: ASTER Approaches $1.21 Following RSI CEO's 16% Stake Sale

The ChainOpera AI Token Crash: An Urgent Warning for Cryptocurrency Projects Powered by AI

- ChainOpera AI's COAI token collapsed 96% in late 2025, exposing systemic risks in AI-driven DeFi ecosystems. - Centralized governance (10 wallets controlled 87.9% supply) and misaligned incentives exacerbated panic selling during crises. - Technical flaws included untested AI models with 270% increased vulnerabilities and inadequate smart contract security audits. - Regulatory shifts like the GENIUS Act compounded liquidity challenges, highlighting the need for compliance-ready AI crypto projects. - Inve

Bitget-RWA2025/11/16 20:00
The ChainOpera AI Token Crash: An Urgent Warning for Cryptocurrency Projects Powered by AI