$ETH
Ethereum Foundation Launches New Project "Trillion Dollar Security" $1 trillion in security upgrades
The Ethereum Foundation has launched a new project called "Trillion Dollar Security". The project's goal is to upgrade the security of the Ethereum network, which relies on trillions of dollars of digital capital.
From an ordinary person to a large business, Smart contracts on Ethereum for everything up to the national level. Capital storage in dApps is to secure the "trillion dollar" level.
3 phases of project execution
1. The first step is to assess the security of the entire system. wallets smart contract, All cyber threats. We will also seek feedback from the Ethereum community around the world.
2. Second step – We will fix the weaknesses found. Some issues can be fixed quickly, but others will take time in cooperation with organizations in the Ethereum ecosystem.
3. The final step is to make Ethereum's security advantages clear to the public. I will compare how it differs from traditional financial systems and other blockchains.
Leaders
3 The Ethereum Foundation is led by Fredrik Svantes and Josh Stark. 3 external experts are also advising
Samczsun, who discovered crypto protocol vulnerabilities. Founder of Security Alliance
Mehdi Zerouali - Founder of Sigma Prime; Over 15 years of experience in blockchain security
Zach Obront - creator of tools to help migrate financial infrastructure to Ethereum; Experienced in Zero-Knowledge Proof (ZKP) ορι (audit contests).
Timed introduction
The project was launched shortly after the Ethereum Foundation released its funding usage report. On April 28, 3 Hsiao-Wei Wang appointed Tomasz K. Stanczak as Co-Executive Directors and planned to separate day-to-day operations from long-term strategic planning.
Users of the Ethereum Foundation since the start of the project. development groups, We invite the advice of security experts. This is an important step towards making Ethereum sustainable and the most secure blockchain.