The Ethereum Foundation introduced the 'Trillion Dollar Security' initiative to enhance the network's security for handling trillions of dollars in value.
The initiative aims to assess Ethereum's security in wallet UX, smart contract tooling, and consensus protocol across three phases.
Ethereum seeks to become civilization-scale infrastructure, surpassing legacy systems' safety, and is open to storing over 1 trillion dollars securely.
The initiative involves key figures like Fredrik Svantes and Josh Stark from Ethereum Foundation, along with experts from firms like Paradigm and Sigma Prime.