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Ethereum Foundation Unveils ‘Trillion Dollar Security Initiative’ To Bolster Network Security And Trust

  • 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.

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