#EthereumSecurityInitiative Launched by the Enterprise Ethereum Alliance, the EthTrust Security Initiative focuses on establishing standardized security levels for Ethereum smart contracts. The goal is to provide a framework that allows users and organizations to assess the security posture of smart contracts before interacting with them.
Key Objectives:
Standardization: Developing clear definitions and requirements for varying levels of smart contract security risks.
Registry System: Creating a registry that records smart contracts which have undergone rigorous security audits.
Collaboration: Engaging with security experts and organizations to continuously refine security standards.
This initiative aims to instill greater confidence in Ethereum as a global settlement layer by ensuring that smart contracts meet established security benchmarks.