Mythos Sparks Concerns About Ethereum's Security Future
A conversation between Alan and Marcus in a hallway sparked debate about Ethereum's security future. The two discussed Mythos, an AI tool that can analyze code vulnerabilities.
They highlighted several concerns: $68 billion worth of assets are locked on the Ethereum chain with fully open-source code and immutable contracts. This means attackers can easily identify potential targets.
Lido controls 28% of staked ETH, making it a vulnerable point in the ecosystem. The pair also noted that audits may not be effective against Mythos, as it analyzes the entire call graph, not just individual contracts.
The conversation centered on the slow response times of Ethereum's governance system and how quickly it can respond to critical vulnerabilities.