#CryptoRegulation
Ethereum Foundation launches the 'Trillion-Dollar Security' initiative
💎 The Ethereum Foundation has introduced a large-scale project to strengthen blockchain protection — the Trillion-Dollar Security Initiative, aimed at protecting transactions for users and organizations.
📌 Three key stages:
1️⃣ Ecosystem audit: wallets, smart contracts, network threats
2️⃣ Vulnerability remediation: some solutions will be implemented immediately, others later
3️⃣ Transparency and trust: emphasis on public communication and comparison with other blockchains
Project leaders — Fredrik Svante and Josh Stark (Ethereum Foundation) + 3 external security experts.
📊 Relevance:
🔴 Ethereum accounts for 40–50% of all hacking attacks in the blockchain
🔴 Threats: bridges, smart contracts, DEX, phishing
The goal is to make Ethereum the most secure decentralized platform in the world.