#EthereumSecurityInitiative The Ethereum Security Initiative focuses on enhancing the security and resilience of the Ethereum network. Key aspects include¹:
- *Proof-of-Stake Protocol*: Ethereum's transition to a proof-of-stake consensus mechanism allows validators to stake their ETH to secure the network. A significant update on April 12, 2023, enabled validators to withdraw staked ETH, providing more flexibility.
- *View-merge Algorithm*: This security feature makes sophisticated attacks more difficult by improving the network's security protocol.
- *Block Finalization*: Ethereum aims to reduce the time it takes for blocks to be considered "finalized," meaning they can't be altered without significant economic losses for potential attackers.
- *Network Resilience*: The initiative strives to ensure Ethereum remains secure and decentralized, protecting users' apps, data, and assets from potential threats.
These efforts demonstrate Ethereum's commitment to maintaining its position as a leading secure and decentralized smart-contract platform.