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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Ethereum Foundation
@ethereumfndn
5. We need your help to improve Ethereum’s security. Over the coming weeks, we’ll contact orgs around the ecosystem to gather feedback and ideas. To contribute, reach out to us at
[email protected]
or fill out this quick survey: https://pad.ethereum.org/form/#/2/form/view/k5yywNH9MaUKHuPAO-QOa3Y5VVc7A8viXYv7FclZs6s/
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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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