#EthereumSecurityInitiative The Ethereum Foundation launches the Trillion-Dollar Security initiativeThe Ethereum Foundation has just launched a new initiative to make the network much more secure. Announced on May 14, the Trillion-Dollar Security (1TS) initiative demonstrates that as Ethereum gains value, its security becomes even more crucial. The goal is to ensure that people can trust the network to safeguard their money.

Although Ethereum is the core of decentralized finance (DeFi) and smart contracts, it also faces significant security challenges. The Foundation's goal is to make the network secure enough for billions of people to store small amounts with complete confidence, while also protecting institutions that handle trillions in a single contract or application. $ETH