#EthereumSecurityInitiative

The Ethereum ecosystem is beefing up its security capabilities with a new initiative called "Trillion Dollar Security". The Ethereum Foundation unveiled the initiative on May 14, expecting to load up the blockchain with security capabilities that could encourage more entities to explore the on-chain world. Fredrik Svantes, the protocol security lead at Ethereum, and Josh Stark from the Ethereum Foundation management team have been appointed as the initial co-chairs to oversee the project.