🚀 The Ethereum Foundation has launched a large-scale initiative #EthereumSecurityInitiative EthereumSecurityInitiative - the Trillion Dollar Security (1TS) program, aimed at enhancing the security of the entire Ethereum ecosystem.
🎯 The goal is to create an infrastructure that allows billions of users to safely store over $1,000 on the network, while allowing institutional players to trust the storage of over $1 trillion in a single smart contract or application.
🛡️ The initiative includes:
• Analysis of vulnerabilities in smart contracts, wallets, and consensus protocols
• Implementation of technical solutions: smart accounts (ERC-4337), social recovery access, spending limits, multi-factor authentication
• Transparency and development of security assessment tools
#EthereumSecurityInitiative brings together developers, auditors, and researchers to create a more reliable and resilient blockchain infrastructure, which is critically important for DeFi, NFTs, and other services on Ethereum.
Security is the key to trust and mass adoption of blockchain technologies!
#Ethereum #DeFi #Blockchain #CryptoSecurity #SmartContracts