Ethereum Foundation Aims for Trillion Dollar Security with New Initiative

The Ethereum Foundation has unveiled a bold new initiative, dubbed ‘Trillion Dollar Security’ (1TS), to bolster the security of the world’s largest smart contract network and pave the way for global-scale blockchain adoption. 1TS aims to elevate Ethereum’s security standards to match those of traditional financial infrastructure, capable of managing trillions of dollars in value. While Ethereum is already considered a leader in blockchain security, this new program goes beyond mere security as it seeks to establish a benchmark that will define the future of on-chain finance. 1TS aims to reach this ambitious goal by mapping vulnerabilities across all layers of Ethereum’s ecosystem, from wallet UX and developer tools to consensus mechanisms and protocol layers. This comprehensive assessment will inform critical fixes and long-term upgrades. Further, the Foundation plans to enhance communication about Ethereum’s security, making it easier for users to understand and compare its safety with other blockchains and traditional financial systems. The 1TS initiative is led by Fredrik Svantes (Protocol Security Lead) and Josh Stark (EF Management), alongside three external advisors who possess deep domain expertise in blockchain security. Leading the charge are respected names in crypto security like samczsun, founder of the Security Alliance (SEAL), known for responsibly disclosing major vulnerabilities; Mehdi Zerouali, co-founder of Sigma Prime, a blockchain security firm with experience auditing high-stakes protocols; and Zach Obront, co-founder of Etherealize, whose work on the OP Stack’s first ZK-validity proof implementation has paved the way for critical bug discovery. The foundation believes that true mainstream adoption hinges on trust, and 1TS tackles this head-on by creating a transparent, layered security model. This ambitious initiative showcases Ethereum’s commitment to building a secure and trusted blockchain platform capable of supporting billions in value and ushering in a new era of on-chain finance.