The Ethereum One Trillion Dollar Security Initiative (1TS) is a major effort by the Ethereum Foundation to elevate the security of the network to a level capable of supporting trillions of dollars in on-chain value, making Ethereum a global infrastructure at the level of civilization. Below is a detailed breakdown of the initiative:
Key aspects of the initiative
1. Objective
- Preparing Ethereum to securely host trillions of assets, ensuring that billions of users can confidently store over $1,000 on-chain, and that institutions can trust over $1 trillion in individual contracts.
- Surpassing traditional financial systems in terms of security and reliability.