The post EF Launches Trillion Dollar Security to Defend Ecosystem’s Future appeared on BitcoinEthereumNews.com.

The Ethereum Foundation (EF) has unveiled a bold new initiative, christened Trillion Dollar Security (1TS).  It aims to restore trust, retain builders, and secure trillions in on-chain value. It marks a pivotal moment in Ethereum’s quest to become the trusted global settlement layer for digital assets. Ethereum Foundation Rolls Out Trillion-Dollar Security Announced on May 14, the 1TS program aims to elevate Ethereum’s security standards to a level where billions of people can feel confident holding $1,000 onchain, and institutions, a trillion dollars in a single smart contract. “Ethereum must achieve Trillion Dollar Security – a world where: – Billions of individuals feel safe holding $1000 onchain, collectively amounting to trillions of dollars – Individual orgs are comfortable storing $1 trillion inside a single contract or application,” EF wrote in a post. Led by Fredrik Svantes and Josh Stark from the Ethereum Foundation, an elite panel of security leaders backs the Trillion Dollar Security initiative. Among them are executives from Security Alliance, Etherealize.io, and Sigma Prime. Together, they aim to overhaul Ethereum’s security model with a three-part strategy. Specifically, they will identify current vulnerabilities, execute improvements based on prioritized risks, and improve communication around Ethereum’s safety guarantees. The launch of 1TS comes at a critical time. Ethereum recently rolled out its Pectra upgrade to streamline wallet usability and validator efficiency. Yet despite technical progress, Ethereum faces growing pressure from within and outside its ecosystem. Ethereum Ecosystem Value Faces Mounting Risks Firstly, Ethereum is losing developer mindshare. Critics say the network’s strategy has become fragmented, with an overreliance on hackathons and Layer-2 innovations failing to inspire long-term builder commitment. Compounding the issue, rival networks like Solana are winning over developers with simplified programming environments and aggressive ecosystem support. This exodus of talent has added to Ethereum’s narrative crisis, a term now…

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Filed under: News - @ May 15, 2025 11:27 am