#EthereumSecurityInitiative In a strategic move towards enhancing the security of the Ethereum ecosystem, the Ethereum Foundation launched the EthereumSecurityInitiative (ESI), a collaborative effort bringing together researchers, developers, and security experts aimed at addressing threats and improving the reliability of the network.

ESI seeks to build a safer environment for smart contracts and decentralized applications by funding open-source security projects, developing effective auditing tools, and encouraging responsible disclosure of vulnerabilities. It also focuses on embedding best security practices at all stages of software development on Ethereum.