Overview

On May 14, the Ethereum Foundation unveiled its Trillion-Dollar Security (1TS) initiative a multi-year effort to harden the network so that billions of users feel safe storing $1 000 on-chain and organizations can entrust up to $1 trillion within a single smart contract or dApp.


Three-Phase Plan

1TS rolls out in three stages:

  1. Mapping: Comprehensive vulnerability assessments across UX (blind signing, frontend), wallet firmware and supply-chain, smart-contract tooling and libraries, infrastructure, consensus protocol, and internet-level censorship risks.

  2. Execution: Prioritize and deploy fixes in collaboration with builders.

  3. Communication: Publish transparent progress reports to help users and institutions benchmark Ethereum’s security.


Leadership & Collaboration

The program is co-chaired by Protocol Security Lead Fredrik Svantes and Josh Stark, with additional guidance from industry experts Samczsun, Mehdi Zerouali, and Zach Obront. Binance noted that this effort will include improvements to wallets, smart contracts, and user experience across the Ethereum ecosystem.

Market Context


Following the Pectra network upgrade on May 7, ETH price rose above $2 700 amid increased on-chain activity; derivatives volume reached $121 billion, while open interest grew to $32 billion, reflecting heightened trader interest .

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