#EthereumSecurityInitiative Ethereum Foundation Launches "Trillion Dollar Security" (1TS) to Enhance Security and Build Trust, Aiming to Support Trillions of Value on-Chain. Announced on May 14, the 1TS program aims to raise Ethereum's security standards to the point where billions of people can confidently hold $1,000 on-chain, and organizations can store trillions of dollars in a single smart contract. Led by Fredrik Svantes and Josh Stark from the Ethereum Foundation, a group of top security leaders supports the Trillion Dollar Security initiative. Among them are executives from the Security Alliance, Etherealize.io, and Sigma Prime. Together, they aim to overhaul Ethereum’s security model with a three-part strategy. Specifically, they will identify current vulnerabilities, implement risk-based, prioritized improvements, and improve communication around Ethereum’s security assurances.