#EthereumSecurityInitiative The Ethereum Foundation has launched the "Trillion Dollar Security" initiative to enhance Ethereum's security and make it a reliable platform for global-scale finance. This ambitious project aims to:

- *Secure Trillions in Assets*: Enable billions of users to comfortably store over $1,000 each on-chain, while allowing institutions to trust Ethereum with over $1 trillion in a single contract or application.

- *Three-Phased Approach*:

- *Phase 1: Risk Assessment*: Identify vulnerabilities across Ethereum's tech stack, including smart contract architecture, wallet UX, consensus security and internet routing.

- *Phase 2: Execution*: Deploy technical solutions, enhance developer awareness and invest in security infrastructure to address identified risks.

- *Phase 3: Security Transparency*: Develop ways for users and developers to benchmark Ethereum's security posture against other blockchains and legacy financial systems.

The initiative is led by Fredrik Svantes and Josh Stark from the Ethereum Foundation, alongside industry experts:

- *Samczsun*: Founder of SEAL and security advisor at Paradigm

- *Mehdi Zerouali*: Co-founder of Sigma Prime, a blockchain security and research company

- *Zach Obront*: Co-founder of Etherealize, building products to move global financial infrastructure onto Ethereum

This effort aims to position Ethereum as a secure, civilization-grade internet infrastructure supporting an open, global financial system ¹ ².