#EthereumSecurityInitiative

What is the Ethereum Security Initiative about? 

The Ethereum Security Initiative, recently announced by the Ethereum Foundation, is a three-phase initiative designed to strengthen the security of the Ethereum ecosystem and support broader on-chain adoption. Its primary goal is to build infrastructure robust enough to securely store trillions of dollars from individuals and institutions, aiming for a 'trillions of dollars security'.

Here is a summary of its key points:

Main Objective:

Achieve 'Trillions of Dollars Security': This implies creating an environment where billions of people feel safe storing significant amounts of value on the Ethereum blockchain, and where organizations can store large sums within contracts and applications.

Surpass legacy systems in security and reliability: The initiative aims to position Ethereum as a fundamental infrastructure that surpasses the security of traditional financial systems.