US EditionEthereum Foundation unveils security initiative to supplant legacy systems
- On May 14th of this year, Ethereum’s primary supporting organization introduced the Trillion Dollar Security program, aimed at significantly strengthening the platform’s security framework.
- This initiative follows Ethereum's decade-long development and responds to growing institutional interest and the need to support trillions in onchain value.
- The project will first map risks and strengths across Ethereum's full technology stack, including UX, wallets, smart contracts, consensus protocols, and infrastructure.
- Key contributors like Fredrik Svantes, Josh Stark, samczsun, Mehdi Zerouali, and Zach Obront will lead the initiative with community input to prioritize fixes and long-term improvements.
- The initiative aims to boost transparency and security to help Ethereum surpass legacy financial systems and foster trust for users and institutions storing trillions onchain.
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22 Articles
Ethereum Unveils 'Trillion Dollar Security' Initiative: Here's What It Is
The Ethereum Foundation unveiled a security-focussed initiative called "Trillion Dollar Security" on Wednesday. Fredrik Svantes, the protocol security lead of Ethereum, and Josh Stark from the Ethereum Foundation management team have been appointed as the initial co-chairs to oversee the project.
Ethereum Foundation Announces Trillion-Dollar Security Initiative - WorldNL Magazine
On May 14, the Ethereum Foundation announced the “Trillion Dollar Security Initiative” with the ambition of making Ethereum “civilization-scale infrastructure that securely underpins the internet and global economy.” The core goal is to upgrade Ethereum’s security to a level where billions of individuals would feel comfortable storing more than $1,000 each on the network, which would collectively equate to trillions of dollars. It also aims to e…
Ethereum Foundation launches ‘Trillion Dollar Security’ plan
ECNETNews reports that the Ethereum Foundation has introduced the “Trillion Dollar Security” (1TS) initiative, a comprehensive plan aimed at strengthening Ethereum’s security framework to accommodate trillions of dollars in on-chain value. As detailed in a recent announcement, the initiative seeks to bolster Ethereum’s (ETH) security to protect substantial value held by individuals, corporations, and governmental entities. Ethereum is already at…
Ethereum Foundation Sets Sights on “Trillion Dollar Security”
The Ethereum Foundation has launched an ambitious new initiative titled “Trillion Dollar Security,” aimed at elevating the blockchain’s security architecture to a level appropriate for a global financial network operating at trillion-dollar scale. This multi-faceted strategy reflects the organization’s broader commitment to ensuring Ethereum’s long-term resilience and its ability to function as foundational infrastructure for the global digital …
Ethereum Foundation Unveils Trillion-Dollar Security Initiative To Boost Network Safety
Ethereum’s new security initiative targets wallets, smart contracts, and network layers. ETH saw a surge of over 43% after the Pectra upgrade and reached almost $2,750. Ethereum has approximately $80 billion locked in DeFi, more than any other blockchain network. The Ethereum Foundation announced on May 14 a new security program aimed at facilitating the increasing adoption of on-chain technologies and strengthening Ethereum’s position within pr…
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