#EthereumSecurityInitiative The Ethereum Foundation has launched the "Trillion Dollar Security Initiative," a multi-phase strategy to significantly enhance the network's security for widespread adoption. This initiative aims to make Ethereum secure enough to hold trillions of dollars and support billions of users.
Phase one involves a comprehensive risk assessment across user experience, wallets, smart contracts, infrastructure, and consensus protocols. The second phase focuses on implementing immediate fixes and long-term upgrades based on the assessment. Finally, phase three will concentrate on transparently communicating Ethereum's security standards.
This initiative underscores Ethereum's ambition to become a foundational infrastructure exceeding the security of traditional financial systems.