What is the "Ethereum Security Initiative"?**
The **Ethereum Security Initiative** aims to:
✅ **Enhance the security of Smart Contracts** through better auditing.
✅ **Provide new tools** to discover vulnerabilities before they are exploited.
✅ **Increase security awareness** among developers and users.
✅ **Combat fraud and hacking attacks** on the ETH network.
## **💡 Why is this step important?**
1. **Protecting user funds**:
- With the increase in **DeFi** attacks and **hacks**, the need for security solutions becomes paramount.
2. **Building developers' trust**:
- The Ethereum network is home to thousands of decentralized applications (DApps), and any vulnerability could cost millions.