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 In November 2025, the cryptocurrency industry was once again ignited by the actions of Ethereum co-founder Vitalik Buterin (V God). This soul who leads the industry with forward-looking thinking, jointly released the Trustless Manifesto with Ethereum Foundation researchers Yoav Weiss and Marissa Posner. With an eternal commitment "engraved" on the Ethereum main network (ENS domain name: trustlessmanifesto.eth), he issued a warning to the entire industry: decentralization is not an option, but the foundation of Ethereum. No trust declaration required  This declaration is not a technical white paper, but more like a profound industry introspection. it points directly to the present The core contradiction of the Web3 ecosystem: In the process of pursuing user experience and development speed, many projects are using "convenience" as an excuse to slide step by step into the abyss of centralization. From managed RPC nodes to single orderers, these seemingly innocuous designs are quietly forming new "choke points", opening the door to censorship and power abuse. Three Laws: Defining Real “no trust required”The most valuable contribution of the manifesto is that it proposes to judge whether the system is truly “The three basic laws of "no trust required" provide the industry with implementable evaluation standards. first law ““No Key Secrets” requires that the agreement process must not rely on private information held by a single entity. The $1.5 billion cold wallet theft of Bybit Exchange in 2024 is a typical example of this law being violated - although it claims to use a multi-signature mechanism, the private keys are actually concentrated in the hands of a few executives, which ultimately becomes a breakthrough for hacker attacks. In the 2022 FTX collapse case, US$8 billion in customer funds were misappropriated by the founder through a backdoor private key, which further exposed the fatal flaw of centralized custody: users can never verify whether the custodian actually manages assets as promised. second law “"No indispensable intermediaries", emphasizing that the threshold for participation must be truly open and not limited to a few people with technology and capital. In the current Ethereum ecosystem, RPC service providers such as Infura and Alchemy monopolize most of the access traffic. The brief outage of Infura in 2022 caused the collective failure of mainstream wallets such as MetaMask. The single sequencer model of mainstream Layer 2 such as Arbitrum and Optimism makes the packaging and execution of user transactions completely dependent on a few institutions, which violates the core principle of "everyone can participate equally". third law “"No unverifiable results" requires that all status changes of the system can be independently verified through public data. This precisely hits the pain points of traditional finance and some centralized encryption services - FTX's black box operation of reserves and the illegal lending behavior of some banks. If placed in a verifiable blockchain system, the community has already discovered the clues. Four pillars: Building a solid foundation for decentralizationIn addition to the three judgment laws, the declaration clearly proposes four core values, which form the cornerstone of Ethereum's ideal form. Credible neutrality requires that the protocol rules do not favor any participating party, allowing every user to participate in the ecosystem under fair rules.； Self-trust and persistence “The bottom line is that assets belong to users” and completely get rid of dependence on centralized institutions.； Verifiability ensures that the system is transparent and traceable, and no operations can be done in the dark. ； Resisting "convenient" centralization is the soul of the declaration - it warns the industry that any choice to sacrifice decentralization for short-term convenience will eventually erode the ecology's ability to resist censorship. These principles are not empty slogans. Many disasters in the encryption industry in recent years have repeatedly confirmed its importance. In 2023, the Multichain protocol lost $1 billion in assets due to the loss of contact with the CEO. The root cause is that the access rights of all nodes are controlled by a single team.； In 2022, $620 million of Ronin Bridge was stolen, also because the validator committee was controlled by a few institutions. These events collectively point to one conclusion: the hidden dangers of centralization are often hidden under the sugar-coating of “convenience.”  Ideal vs. Reality: Ethereum’s Decentralization DilemmaThe release of the declaration triggered a fierce debate in the industry. The core focus is: whether the current ecological status of Ethereum is really consistent with “"No trust required" standard? Supporters argue that the manifesto is a guide to the future rather than a repudiation of the status quo. The underlying protocol of Ethereum remains purely decentralized, and anyone can run nodes and check the blockchain. The current centralization problem mainly exists at the tool layer and is not a flaw in the protocol itself. In fact, there are already teams taking active actions: Projects such as Espresso Systems are advancing multi-sorter solutions, and light client technology is being optimized to allow ordinary users to verify data without bulky hardware. Critics point out the huge gap between ideals and reality. The technical threshold for ordinary users to build a full node is still very high, resulting in more than 90% of users relying on third-party hosting services ； A large number of blockchain nodes run on Centralized cloud services such as AWS and Google Cloud have formed the embarrassing situation of "decentralized protocols built on centralized infrastructure"； The high staking threshold in the cross-chain bridge field also makes "anyone can become a relayer" an empty talk. As a community comment put it: “The manifesto describes an ideal Ethereum, not the Ethereum people use every day. ” Conclusion: Only by sticking to your original intention can you go farThe value of the "Trustless Declaration" does not lie in declaring that Ethereum has achieved perfect decentralization, but in recalibrating the course at a key node in the development of the industry.Buterin used this censorship-resistant on-chain declaration to remind everyone: The revolutionary significance of Web3 lies in replacing trust in people with mathematics and code, which is its core competitiveness that distinguishes it from traditional finance. Currently, the Ethereum ecosystem is developing through the Ethereum interoperability layer (EIL) and other innovative solutions transform the declaration's ideas into practical actions. From multi-sequencer deployment to open RPC endpoint construction, from light client optimization to the popularization of decentralized storage, a technological innovation centered on "trustlessness" has already begun. For ordinary users, this declaration is an important reminder: when choosing encryption services, priority should be given to compliance with “Products based on the "self-custody" and "verifiable" principles, refusing to sacrifice asset security for short-term convenience； For developers, the manifesto provides clear design guidelines to avoid losing the original intention of centralization in innovation. As the declaration concludes: “The design will change, but the principles will not. ” The decentralized defense of Ethereum has never been a project that can be accomplished overnight, but a belief that requires the entire industry to adhere to for a long time. When every project takes "trustlessness" as the underlying design principle, and when every user values their own asset control, Web3 can truly realize its mission of subverting traditional finance. This return to original aspiration movement led by V God is injecting new vitality into the healthy development of the encryption industry. |
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