Ethereum Foundation introduces “Billion dollar security initiative” to increase network security
- The Trillion Dollar Security Initiative from Ethereum aims to secure over $ 1 trillion in on-chain values worldwide.
- The 1TS plan focuses on the mapping of weaknesses, the implementation of corrections and the improvement of public security communication.
Die Ethereum Foundation hat die „Trillion Dollar Security Initiative“ (1TS) launchedto improve the security of the Ethereum network. The project prepares the blockchain for the global introduction by enabling users to store values worth over one billion dollar.
Under the direction of Fredrik Svantes, EF’s Protocol Security Lead, and Josh Stark from the management team, the initiative is followed by the latest pectra-upgrade. Foundation says that the goal is to create an Ethereum infrastructure that exceeds older systems in security and trust.
1TS frame and goals
1TS is divided into three phases: mapping, execution and communication. In the first phase, the developers will map common attack vectors and the existing security throughout Ethereum-Technologiesystem evaluate. This includes user -friendliness, the security of the wallet, the integrity of smart contracts and the consensus protocols. The process will create an overview report on security, which shows areas with need for improvement.
0. Announcing the Trillion Dollar Security (1TS) initiative: an ecosystem-wide effort to upgrade Ethereum’s security to help bring the world onchain.
— Ethereum Foundation (@ethereumfndn) May 14, 2025
As soon as the mapping has been completed, the vulnerabilities are remedied in the second phase with short -term corrections and long -term projects. The foundation will provide budgets and resources to carry out these improvements. A team of security experts such as Samczsun, founder of Security Alliance, Mehdi Zerouali, co -founder of Sigma Prime, and Zach Obront, co -founder of Ethereealize is one of the participants. The public participation is desirable; Fill out the form to get feedback from individual users, examiners and security companies.
In the third Phase is about communication. The foundation will present the public and institutional users to the new ETH security features. This will help to build trust and enable users to compare ETH’s safety with other blockchains and traditional systems.
Context and why 1TS is important
Ethereum has $ 121b TVL and is the largest smart contract blockchain on this scale. 1TS builds on the latest technical upgrades such as the PECTRA-upgrade, with which the staking capacity for validators was increased from 32 ETH to 2,048 ETH. This enables the validators to earn more and strengthen the network.
The leadership of the foundation would like to support billions of users who can safely store at least $ 1,000 on the chain. By reaching the “trillion dollar security” Ethereum The infrastructure for companies, institutions and governments will be to save large sums in smart contracts.
Fredrik Svantes said that Ethereum’s ambitions go beyond the claim to be the safest platform in the crypto ecosystem. The network wants to be a civilizational infrastructure that underpins the Internet and the global economy. Josh Stark and the Co-Chair team will monitor the introduction of the initiative to ensure that it takes place in a coordinated manner.
Ethereum market and price
Although the Ethereum Foundation launched the 1TS initiative, the ETH Prize fell by 2 % on Thursday. Coinglass reported that futures worth over $ 105 million were liquidated within 24 hours. The token met with resistance at $ 2,850, the 50-week SMA.
The technical analysis shows a support zone at $ 2,530, where the 100 and 200-week smas converge. If Ethereum breaks through the 50-week SMA and the resistance of $ 2,850, it could recover to $ 3,000 and possibly $ 3,250. A weekly closing course above the neutral area would be pullet. A weekly closing course below $ 2,110 would decline and could press Ethereum to $ 1,688.
The foundation wants to go beyond the crypto area and bring billions of users and large institutions on board. She would like to make Ethereum a platform that can hold more than $ 1 trillion dollar in smart contracts and applications. They say that it is not enough to be the safest cryptocurrency. You want to exceed the previous financial and internet infrastructure in terms of security and trust.
No Comments