#EthereumSecurityInitiative Significantly enhance network security. It was announced on May 14 under the name "Trillion Dollar Security Initiative" (1TS), which emphasizes that as the value of Ethereum grows, maintaining its security becomes critical. This initiative aims to ensure that people can trust the network to manage their funds.

Although Ethereum is considered the cornerstone of decentralized finance (DeFi) and smart contracts, it still faces significant security challenges. The organization seeks to make the network secure enough for billions of people to safely store even small amounts, as well as strong enough to protect institutions that might manage trillions of dollars in a single smart contract or application.

Why should Ethereum's security be improved?

Ethereum is more than just a blockchain—it is the foundation for a massive and growing financial system. According to DefiLlama, Ethereum has approximately $80 billion in total value locked (TVL) across decentralized finance protocols as of mid-May, representing 50–60% of the entire DeFi market. With this level of dominance, it is not enough for Ethereum to be merely reliable; it must be dependably unprecedented.

#btc