2025-05-15
On May 14, 2025, the Ethereum
Foundation announced the Trillion Dollar Security (1TS) Initiative, a
comprehensive effort to enhance Ethereum's security infrastructure to support
the secure management of trillions of dollars in on-chain assets by both
individuals and institutions.
According to Ethereum Foundation Blog posted on May 14, 2025, the 1TS Initiative envisions a
future where: Billions of individuals can confidently store over $1,000 each
on-chain, collectively amounting to trillions of dollars secured on Ethereum.
Institutions and governments are
comfortable managing over $1 trillion within a single smart contract or
decentralized application.
It will check Ethereum’s security for
wallet safety, smart contracts, and internet threats using data from across the
Ethereum ecosystem. And then evaluate security gaps.
This ambitious vision aims to position
Ethereum as a foundational infrastructure for the global financial system,
surpassing traditional systems in safety and trustworthiness.
The initiative will follow three-phase roadmap.
1. Mapping the
Security Landscape: Conduct a comprehensive assessment of Ethereum's
technology stack to identify security strengths and vulnerabilities across
various domains, including:
o User experience
(e.g., blind signing, frontend security)
o Wallet security
(e.g., firmware issues, supply chain attacks)
o Smart contract
security (e.g., developer tooling, standard libraries)
o Infrastructure
(e.g., cloud security, dependency management)
o Consensus and
protocol security (e.g., DOS risks, stake centralization)
o Internet
infrastructure (e.g., DNS-level censorship)Input will be gathered from
developers, auditors, and the broader Ethereum ecosystem to ensure a thorough
evaluation.
2. Implementing
Targeted Improvements: Based on the findings from the mapping phase, the
Foundation will coordinate upgrades to address identified vulnerabilities. This
may involve:
o Enhancing
wallet safety through improved design and security features
o Strengthening
smart contract infrastructure with better auditing tools and formal
verification practices
o Improving user
experience to prevent errors that could lead to security breaches.
o Some solutions
will be implemented promptly, while others will require more extensive planning
and coordination.
3. Transparent
Communication and Education: The final phase focuses on increasing
transparency and educating users, institutions, and governments about
Ethereum’s security features. This includes:
o Publishing
updates and findings to keep stakeholders informed
o Encouraging
community contributions to the ongoing security efforts
o Helping users
and institutions assess Ethereum’s security posture and benchmark it against
other blockchain networks.
The initiative is led by Fredrik
Svantes, Protocol Security Lead at the Ethereum Foundation and Josh Star, member
of the Ethereum Foundation’s leadership team.
They are supported by prominent
security experts including Samczsun, founder of the Security Alliance and
advisor at Paradigm. Mehdi Zerouali, co-founder of Sigma Prime. And Zach Obront,
co-founder of Etherealize and contributor to OP Succinct
Ethereum's Total Value Locked (TVL) is
about $80 billion is currently locked in DeFi on Ethereum, more than any other
blockchain network.
Following the Pectra upgrade on May 7, ETH saw a surge of over 43%, reaching nearly $2,750. Analysts project potential bullish rallies towards $3,000 and beyond, should key support levels hold.
The goal of this initiative is to make Ethereum as a secure platform capable of handling trillions of dollars in assets.
