The 'Trillion Dollar Security Initiative' aims to address the issues of outdated systems and support Ethereum developers.
According to the announcement on May 14, the Ethereum Foundation launched a security initiative aimed at supporting the broader adoption of on-chain technologies. These efforts are part of ongoing initiatives to strengthen Ethereum's role in programmable digital assets.
Fredrik Svantes, head of protocol security research, and Josh Stark from the Ethereum Foundation management team will be the first co-chairs of the initiative. Three members of the Ethereum ecosystem — Samczsun, Medhi Zerouali, and Zach Obront — will help manage the project.
This initiative, called the 'Trillion Dollar Security Initiative', is aimed at analyzing, improving, and informing Ethereum developers about areas where security can be enhanced, including user experience, wallet security, smart contract security, and infrastructure.
