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ETH momentum continues as Foundation unveils ‘Trillion Dollar Security’ plan
By: bitcoin ethereum news|2025/05/15 02:45:04
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The Ethereum Foundation has unveiled the “Trillion Dollar Security” initiative, a wide-ranging effort to scale Ethereum’s security infrastructure to a level capable of supporting trillions of dollars in onchain value. Announced on May 14, the program reflects Ethereum’s (ETH) ambition to serve as “civilization-scale infrastructure” that rivals and surpasses legacy financial systems in safety and resilience. The initiative will be led by Fredrik Svantes, the Foundation’s Protocol Security Lead, and Josh Stark of the EF management team. This initiative could be a catalyst for future price gains, as investors weigh its potential to boost institutional trust and onchain adoption. Over the past day, Ethereum has experienced a substantial price increase. As of May 14, 2025, ETH is trading at approximately $2,611.09, marking a 3.68% rise over the last 24 hours, according to crypto.news data. Ethereum’s price has rallied over 50% in the past week. These gains are attributed to factors such as increased institutional interest and positive market sentiment following the Pectra upgrade. Three program phases The upgrade will proceed in three phases, according to the foundation. First, mapping vulnerabilities and strengths across Ethereum’s full tech stack—from user experience and wallet design to smart contracts and consensus protocols. Next, the Foundation and ecosystem contributors will implement fixes and longer-term improvements. Lastly, the project will focus on improving public communication around Ethereum’s security posture and standards. The initiative brings in key contributors from across the security ecosystem. These include samczsun, founder of the Security Alliance and security advisor at Paradigm; Mehdi Zerouali, co-founder of blockchain security firm Sigma Prime; and Zach Obront, co-founder of Etherealize and a contributor to OP Succinct. The Foundation is actively seeking input from the broader community, including auditors and users, to guide the project’s priorities. Interested contributors can provide feedback through a public form on the Foundation’s website. Source: https://crypto.news/eth-momentum-continues-as-foundation-unveils-trillion-dollar-security-plan/
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