#EthereumSecurityInitiative

It is a collaborative effort by the Ethereum Foundation and key stakeholders to strengthen the security of the Ethereum ecosystem. Launched to address growing concerns over smart contract vulnerabilities, hacks, and network threats, the initiative focuses on proactive measures like audits, bug bounties, formal verification, and security education. It encourages community participation and partnerships with security firms to develop tools and standards for safer decentralized applications (dApps). By enhancing resilience and trust, the Ethereum Security Initiative aims to support Ethereum’s long-term scalability and reliability, especially as it continues to evolve with upgrades like Ethereum 2.0 and beyond.