Ethereum Foundation
@ethereumfndn
0. Announcing the Trillion Dollar Security (1TS) initiative: an ecosystem-wide effort to upgrade Ethereum’s security to help bring the world onchain.
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Ethereum Foundation
@ethereumfndn
1. Ethereum is the most secure and most trusted blockchain ecosystem. But Ethereum’s ambitions require more. Ethereum must surpass the safety and trustworthiness of the world’s legacy systems.
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Ethereum Foundation
@ethereumfndn
2. 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.
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Ethereum Foundation
@ethereumfndn
3. The 1TS initiative has 3 components: - Mapping security strengths and attack vectors, producing a security overview report - Executing on the highest priority issues discovered through our research - Communicating effectively about Ethereum’s security properties to the world.
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Ethereum Foundation
@ethereumfndn
4. The 1TS initiative will be driven by @fredriksvantes and @0xstark.eth from the EF, supported by 3 ecosystem stewards who will advise the project: - @samczsun, founder of @securityalliance - Zach Obront, co-founder of Etherealize - Mehdi Zerouali, co-founder of @sigp_io
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The ChainStories Podcast
@chainstories
With such experts, Ethereum’s security is in good hands. Excited to see how their collective expertise drives this important project forward!
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