SIR V

Ethereum Goes Heavy On Defense With Trillion-Dollar Security Initiative. Ethereum’s nonprofit arm rolled out a major security drive on May 14. It aims to shore up wallets, smart contracts, and the network itself. The move comes as more money flows onto the blockchain, with a plan big enough to protect “trillions” in digital assets. According to the Foundation, the effort is called the Trillion Dollar Security Initiative. It has three steps. First, the team will scan everything from wallet design to consensus rules. They’ll hunt for weak spots in code and in the network. Then, they’ll pick the top fixes and work with builders to roll out updates. Finally, they’ll share what they learn and help users, firms, and regulators get up to speed on Ethereum security. #EthereumSecurityInitiative