ETHEREUM KEY SECURITY 🟩✅ :-

Key Aspects of Ethereum Security Proof-of-Stake (PoS): Ethereum transitioned from Proof-of-Work (PoW) Merkle Trees: Ethereum uses Merkle trees to efficiently verify data integrity. These trees allow for the quick verification of transaction inclusion in a block without needing to download the entire blockchain. Potential Threats and Mitigation Strategies 51% Attacks: An attacker controlling more than 50% of the network's computing power could manipulate transactions. PoS makes this more difficult as it requires a substantial amount of staked $ETH . Smart Contract Vulnerabilities: Common vulnerabilities include reentrancy attacks, integer overflows, and underflows. Rigorous auditing and formal verification can mitigate these risks. Wallet Security: Users must protect their private keys. Hardware wallets and secure storage practices are recommended. Phishing Scams: Users should be cautious of phishing attempts that try to steal their private keys or $ETH . Recent Developments Trillion Dollar Security Initiative: The Ethereum Foundation has launched an initiative to further strengthen Ethereum's security, aiming to secure trillions of dollars worth of value on-chain. This involves identifying and fixing vulnerabilities and communicating Ethereum's security advantages.

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