Pectra upgrade countdown Vitalik explains the “Wallet Security” strategy in detail

Since March 2025, the Ethereum Foundation has implemented many initiatives in enhancing governance and community participation, such as appointing two co-executive directors, setting up advisory groups, and returning researchers to the foundation.

Vitalik Buterin also reiterated the issue of wallet security, saying that “not only should we prevent theft, but we must also consider how to deal with the risk of asset loss”, and proposed a governance model that “data analysis is processed by AI and humans provide strategic decisions.”

On March 17, 2025, the “Hoodi” test network used by Ethereum validators to exit the test will be launched. The activation time of the Pectra upgraded mainnet is expected to be launched as early as April 25, 2025.With the approaching upgrade and the expansion of the Ethereum ecosystem, the Ethereum Foundation has also paid more attention to issues such as “Ethereum must adhere to decentralization, adhere to the principle of open source, prevent technology from being monopolized by a few centralized entities, and avoid deviating from creating values.”

Ethereum Foundation News

Personnel Appointment

On March 1, 2025, the Ethereum Foundation announced the appointment of Hsiao-Wei Wang and Tomasz Stańczak as co-executive directors, which took effect on March 17, 2025.

Introduction to the resume of the newly appointed executive director of the Ethereum Foundation

  • Hsiao-Wei Wang: He has been a researcher at the Ethereum Foundation for seven years and has been committed to researching the Ethereum ecosystem for a long time.

  • Tomasz Stańczak: Founder of Nethermind, the Ethereum client development team, has rich experience in cultivating Ethereum technical talents.

The new co-executive director Hsiao-Wei Wang will also join the Ethereum Foundation’s board of directors, and the members of the Ethereum Foundation’s board of directors include:

• Chairman of the Board: Aya Miyaguchi

• Founder of the Ethereum Foundation: Vitalik Buterin

• Swiss Legal Counsel: Patrick Storchenegger

Establish a consulting team

Following the announcement of the management personnel appointment, the Ethereum Foundation also announced the establishment of a new consulting group, Silviculture Society. One of the goals of the establishment is to ensure that Ethereum continues to adhere to the open source principle and prevent Ethereum from deviating from its core values ​​by continuously providing independent advice.Because as the Ethereum ecosystem expands, some industry insiders are concerned that Ethereum may receive external interests and deviate from the initial mission of creating values, especially the open source principle, and becomes centralized.

Vitalik Buterin defines Silviculture Society as an “experimental” attempt.Although this group is not currently the formal governance committee of the Ethereum Foundation, its core function is to collect and provide feedback from deep participants in the Ethereum ecosystem.

Currently, the group consists of 15 members, including Matthew Green, a cryptograph professor at Johns Hopkins University in the United States, and Lefteris Karapetsas, the founder of the privacy platform Rotki.Most members choose to remain anonymous, which fits in with the spirit of early crypto assets and cyberpunk culture.

Former Tech Fellow Returns to Ethereum Foundation

On March 1, 2025, former Ethereum Foundation researcher Danny Ryan announced that he would join Etherealize as Lianchuang and return to Ethereum.

Prior to this, Danny Ryan served as chief technical coordinator for the upgrade of Ethereum The Merge, supervising the launch of beacon chains. Ryan has also actively participated in the update of many Ethereum improvement proposals.

Industry VoiceWhat is a truly robust wallet security solution

△ Vitalik Buterin X Platform February 28, 2025 Post Screenshot

On February 28, 2025, Vitalik Buterin posted on X platform: “The ecosystem needs to build truly robust wallet security solutions that not only protect against theft, but also consider how to deal with the risk of asset loss.”

“Many users’ crypto assets are not lost due to stolen, but due to software vulnerabilities, forgotten passwords, device loss, and accidental damage to paper wallets. Since there are no attackers to hold them accountable, many victims are shy about talking about these losses, but in reality such incidents occur frequently.”

Previously, Vitalik Buterin has repeatedly discussed the importance of social Recovery Wallet, emphasizing the need to enhance users’ control over assets through trusted contact mechanisms to reduce the risk of private key loss or theft.

AI + Human Collaborative Governance Model

On February 28, 2025, Vitalik Buterin explored the issue of how AI can integrate with governance systems in his blog post “AI as the engine, human beings as the steering wheel”, and proposed a model of “AI processing data analysis while human beings provide strategic decisions.”This approach aims to leverage the efficient computing power of AI while maintaining human judgment to avoid the risks that may pose as a whole AI-dominated.

△ Vitalik Buterin Blog article “AI as an engine, human being as a steering wheel” screenshot

“AI + Human” collaborative governance refers to combining AI’s analytical capabilities with human decision-making capabilities to create a more efficient and sustainable governance model.Vitalik Buterin also proposed to formulate policies through the “Futarchy Economic Model”, which means to formulate policies using market forecast results; or to transform group opinions into executable AI instructions through “Distilled Human Judgment”.

In this blog post, Vitalik Buterin also emphasized: the need to develop a decentralized and open source AI model to prevent technology from being monopolized by a few centralized entities, and ensure that AI is an extension of the human will rather than a substitute for the human will.

Pectra upgrade status

Ethereum Pectra upgrade has launched 4 test networks so far, namely: Mekong test network launched on November 7, 2024, Holesky test network launched on February 24, 2025, Sepolia test network launched on March 5, 2025, and the “Hoodi” test network launched on March 17, 2025.

The Ethereum Pectra upgrade encountered a technical failure during the Sepolia test network operation, which was manifested as an error caused by an abnormal configuration of the Deposit Contract and an empty block mining phenomenon, resulting in errors caused by some execution layer clients.At present, the Ethereum development team has fixed the vulnerability and has pushed an update. The network has returned to normal after the validator node is upgraded.

The launch of Hoodi Test Network is designed to address the key issues facing Holeseky Test Network, especially to address the congestion of validator launch queues.If the test network is going well, it is expected that the mainnet upgrade may take place as early as April 25, 2025.

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