#EthereumSecurityInitiative Ethereum launches the 1 trillion dollar security initiative

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The Ethereum Foundation recently launched a new initiative aimed at significantly enhancing the security of the network. Announced on May 14 under the name of the "1 Trillion Dollar Security Initiative" (1TS), it states that with the growth of Ethereum's value, it becomes crucial to maintain its security. This initiative aims to ensure that people can trust the network to manage their money.

Although Ethereum is the cornerstone of decentralized finance (DeFi) and smart contracts, it still faces significant security challenges. The foundation seeks to