TREE NEWS update: The Ethereum Foundation said trust in hardware has entered “free fall” and called the situation unacceptable, backing Vitalik Buterin’s view expressed at Devcon 8 in Mumbai. The foundation said users should not have to hack a television or pry open a hardware wallet to confirm a device is trustworthy, and that accessible, open and verifiable chips are necessary. It welcomed teams developing such chips, attaching a roughly 26-second video from Buterin titled “We need to be able to trust our hardware.”
Ethereum Foundation says hardware trust in ‘free fall,’ invites open verifiable chip developers
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AI take
The Ethereum Foundation is staking out a position that hardware trust is a structural problem, not a niche grievance, which puts it at odds with the vendors whose business models depend on closed designs. This matters most for wallet makers and chip suppliers serving crypto users, where verifiability has been treated as a premium feature rather than a baseline. The open question is whether the foundation's invitation draws credible silicon teams or remains a stated principle without shipped hardware.
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