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Ethereum Launches Trillion-Dollar Security Initiative to Future-Proof Blockchain

  • The Ethereum Foundation has launched the Trillion Dollar Security (1TS) Initiative to enhance the Ethereum network's on-chain security and prepare it for global adoption.
  • The initiative, spearheaded by industry leaders and experts, aims to address vulnerabilities, upgrade resilience and credibility, and scale security proportionally with the ecosystem's growth.
  • The 1TS Initiative will be executed in 3 strategic phases focusing on risk assessment, technical solutions deployment, and enhancing security transparency to align with traditional trust standards.
  • The goal of the initiative is to build a civilization-grade internet infrastructure supporting a secure, open global financial system, surpassing legacy banking security to earn users' trust storing trillions on-chain.

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