The Ethereum Security Initiative (ESI), backed by the Ethereum Foundation, is a transformative effort to bolster the Ethereum ecosystem’s security. Launched as the Trillion-Dollar Security Initiative (1TS), it focuses on enhancing wallets, smart contracts, and core infrastructure to safeguard trillions in on-chain assets. Supported by Vitalik Buterin, the initiative includes formal verification, fuzz testing, bug bounties, and community auditing to ensure resilience. A three-phase plan aims to scale security for individual and institutional users, positioning Ethereum as a leader in Web3 security. Binance reports this as a pivotal move to future-proof Ethereum for global financial demand.#EthereumSecurityInitiative #BinancePizza #CryptoRegulation