The Ethereum Foundation (EF) has announced the launch of its ambitious Trillion Dollar Security (1TS) initiative, aimed at ensuring the secure storage of large funds within the Ethereum ecosystem. This project seeks to elevate the security level of the blockchain to standards that meet the needs of the global economy.
This is reported by Finway
1TS involves a comprehensive security audit, the implementation of enhancements, and transparent communication so that Ethereum can securely hold trillions of dollars in value. The initiative is set to focus on three main areas: creating a threat and benefit map across all layers of the Ethereum technology stack, implementing necessary improvements including urgent fixes and long-term investments in security projects, and ensuring transparent communication that allows users to objectively compare Ethereum with other blockchains and traditional financial systems.
Key Aspects of the Trillion Dollar Security Initiative
The first step in implementing 1TS will be to create a detailed threat map that covers various aspects of security, including:
- UX: blind signing and frontend vulnerabilities;
- Wallet security: firmware attacks and supply chain vulnerabilities;
- Smart contract security: analysis of libraries and developer tools;
- Infrastructure: cloud services and dependency management;
- Protocol: DOS risks and staking centralization;
- Internet level: DNS censorship and other issues.
The project will be led by leading protocol security specialist Fredrik Svante, alongside Ethereum Foundation manager Josh Stark. The team will also include three renowned security experts: samczsun, founder of Security Alliance (SEAL), Mehdi Zerouali, director of Sigma Prime, and Zach Obron, co-founder of Etherealize.
“We aim to engage the entire Ethereum ecosystem. Achieving Trillion Dollar Security is only possible together. We need your input: users, auditing firms, researchers—share your vision on how Ethereum can become safer.”
It is also worth noting that the Ethereum Foundation recently invested over $32 million to support 100 projects in the first quarter of 2025.