#EthereumSecurityInitiative

Ethereum has implemented multiple security initiatives to strengthen its decentralized ecosystem. The Ethereum Foundation's Protocol Security Research team conducts rigorous code reviews, manages a bug bounty program, and collaborates with external auditors to identify and mitigate vulnerabilities. The transition to Proof of Stake (PoS) has enhanced network security by making attacks more costly and reducing energy consumption. Upgrades like EIP-1559 introduce a fee-burning mechanism to reduce volatility and potential manipulation. Layer 2 solutions and the upcoming Pectra upgrade aim to improve scalability and security. User-centric features, including multi-factor authentication and social recovery, further protect individual assets. Collectively, these efforts fortify Ethereum against evolving threats.