EddieJayonCrypto
15 May 25
The Ethereum Foundation has launched the Trillion-Dollar Security (1TS) initiative to enhance Ethereum's security to support trillions of dollars in assets for users and institutions. The program, led by EF’s Protocol Security Lead Fredrik Svantes and Josh Stark, with support from industry experts, ...
The Ethereum Foundation (EF) has launched the Trillion-Dollar Security (1TS) initiative to boost Ethereum's security, enabling the network to safely manage trillions of dollars in assets across billions of users and large institutions.Led by EF’s Protocol Security Lead Fredrik Svantes and Josh Stark, the program will proceed through three key stages: mapping vulnerabilities across Ethereum’s entire technology stack, implementing targeted improvements, and maintaining transparent communication of progress.The mapping phase will cover a broad spectrum, assessing user experience issues like blind signing and frontend security, wallet security concerns such as firmware vulnerabilities and supply chain attacks, smart contract security including developer tooling and standard libraries, infrastructure layers like cloud security and dependency management, consensus and protocol risks including denial-of-service and stake centralization, as well as internet infrastructure censorship risks at the DNS level.This comprehensive analysis will incorporate community input to form an extensive security overview report. Subsequently, the Foundation will focus on strengthening Ethereum’s core infrastructure, addressing identified weaknesses without sacrificing usability or decentralization.The 1TS initiative ultimately aims to create a secure environment where billions of users can confidently store assets on-chain—targeting $1,000 per user—while enabling organizations to manage up to $1 trillion within smart contracts or decentralized applications.Transparency remains paramount, with EF committing to regular updates that allow investors and users to track Ethereum’s security progress and benchmark its standing against other blockchain platforms.