#ethreumnews $ETH #SecurityInitiatives
The Ethereum Foundation has launched the "Trillion Dollar Security Initiative" to enhance the security of the Ethereum ecosystem. This initiative aims to build "civilization-scale infrastructure" robust enough to store trillions of dollars in value. Here's an update on the initiative:
# Key Components
- *Phase 1: Quantum Bunker*: Ethereum is upgrading its core with quantum-resistant cryptography to future-proof against next-gen cyber threats.
- *Phase 2: Decentralized Shield Army*: The network's decentralization is being supercharged with a million validator nodes acting as a round-the-clock defense squad.
- *Phase 3: Global Security Alliance*: $ETH is linking arms with governments, enterprises, and regulators to create a global trust framework.
# Initiative Goals
- *Improve Smart Contract Safety*: Funding security research, bug bounty programs, audit standards, and educational tools to protect users and protocols.
- *Empower White-Hat Hackers & Auditors*: Expanding rewards for ethical hackers (up to $5M for critical exploits).
- *Build Better Security Tools*: Developing frameworks for dApp developers to automate vulnerability detection.
# Progress
- The initiative was launched on May 14, 2025, with key figures like Fredrik Svantes and Josh Stark leading the project.
- The initiative is proceeding through three phases: identifying vulnerabilities, implementing targeted improvements, and fostering transparent communication within the ecosystem ¹.