#EthereumSecurityInitiative

The Ethereum Foundation has announced the Trillion Dollar Security (1TS) initiative aimed at enhancing the security of the Ethereum network. The goal of the initiative is to ensure the secure storage of large sums within the Ethereum network so that billions of users can safely store over 1000 USD, and companies can securely operate up to 1 trillion USD in a single application or smart contract. The initiative includes assessing vulnerabilities, implementing improvements, and informing about progress.