Vitalik Buterin Calls for Better Wallet Solutions to Prevent Non-Theft Crypto Losses

As Ethereum prepares for its upcoming security updates, co-founder Vitalik Buterin is drawing attention to a growing issue within the crypto space: losses that aren’t related to theft.

Buterin believes wallet providers need to enhance their systems to safeguard against losses that occur due to user errors or accidents, not malicious activity.

Buterin’s comments come alongside the ongoing Ethereum Pectra upgrade and the release of a new security audit. Ethereum has recently conducted multiple rounds of audits and formal verification to address any vulnerabilities and bolster the network’s security.

Vitalik Buterin urges crypto solutions to tackle accidental losses in addition to theft. He pointed out in a recent…

Source link