$ETH According to the Foundation, Ethereum’s future requires it to scale security to a point where billions of users can safely store $1,000 each on-chain. At the same time, it must also offer the infrastructure for organizations to confidently manage up to $1 trillion within a single smart contract or decentralized application.

Fredrik Svantes, EF’s Protocol Security Lead, and Josh Stark from the Foundation’s leadership team will spearhead the 1TS program.

They would be supported by three recognized security experts in the industry, including Samczsun, founder of the Security Alliance and Paradigm advisor; Mehdi Zerouali, co-founder of Sigma Prime; and Zach Obront, co-founder of Etherealize and contributor to OP Succinct.