🚀🔒 New Security Initiative for Ethereum! #EthereumSecurityInitiative | Will it become the most secure network in the blockchain world?
The Ethereum Foundation has unveiled ambitious plans to enhance network security through the launch of a comprehensive initiative aimed at protecting users and developers from cyber threats. Here are the key details:
🔐 What does the initiative include?
✅ Smart Contract Audits: Funding specialized teams to review contracts on platforms like OpenZeppelin.
✅ Huge Rewards for Ethical Hackers: Rewards of up to $500,000 for discovering vulnerabilities.
✅ Security Automation Tools: Launching open-source tools to automatically detect errors.
✅ Developer Awareness: Free training courses on writing secure contracts.
📊 Expected Impacts:
📈 A 40% decrease in hacking attacks over the year.
📈 Increased institutional trust in building applications on the network.
📈 Rising ETH value as the network's reputation as a secure platform improves.