#EthereumSecurityInitiative
The Ethereum Foundation (EF) has introduced the Trillion-Dollar Security (1TS) initiative, a long-term plan to elevate Ethereum's security standards in line with its growing importance in global finance.
The Foundation stated that its goal is to position Ethereum as a network capable of securely storing trillions of dollars in assets for individuals and institutions.
According to the Foundation, the future of Ethereum requires scaling security to the point where billions of users can safely store $1000 each on-chain. At the same time, it must provide the necessary infrastructure for organizations to confidently manage up to $1 trillion within a single smart contract or decentralized application.
