A New Era of Blockchain Fortification
On Wednesday, the Ethereum Foundation (EF) officially launched the “Trillion Dollar Security” (1TS) initiative, a high-stakes program to reinforce Ethereum’s infrastructure as it prepares to serve the global economy at trillion-dollar scale.
Currently, over $63 billion in assets are secured on Ethereum. But the EF said scaling security is essential as Ethereum steps into the realm of institutional finance, digital public goods, and nation-scale utility.
0. Announcing the Trillion Dollar Security (1TS) initiative: an ecosystem-wide effort to upgrade Ethereum’s security to help bring the world onchain.
— Ethereum Foundation (@ethereumfndn) May 14, 2025
0. Announcing the Trillion Dollar Security (1TS) initiative: an ecosystem-wide effort to upgrade Ethereum’s security to help bring the world onchain.
— Ethereum Foundation (@ethereumfndn) May 14, 2025
Three-Part Strategy to Harden Ethereum
The 1TS initiative lays out a three-pronged approach:
- Comprehensive Security Audit: EF will conduct a deep dive into Ethereum’s current architecture, identifying its strengths and vulnerabilities across Layer 1 and Layer 2.
- Attack Vector Mitigation: The team will prioritize patching high-risk attack surfaces, especially those that threaten user funds or consensus mechanisms.
- Security Knowledge Sharing: 1TS will work to standardize and distribute best practices, bringing together core developers, DeFi builders, and smart contract auditors into a coordinated security ecosystem.
This campaign will elevate Ethereum’s defense capabilities to rival or exceed those of traditional financial systems — like SWIFT or the Federal Reserve — which handle trillions in daily settlement value.
Leadership and Key Figures
The initiative is co-chaired by Fredrik Svantes, Protocol Security Lead at the Ethereum Foundation, and Josh Stark of the EF management team. The project also includes three external ecosystem stewards:
- Samczsun, co-founder of SEAL 911 (a smart contract emergency response network)
- Mehdi Zerouali, co-founder of Sigma Prime, the team behind the Lighthouse Ethereum client
- Zach Obront, co-founder of Etherealize
These experts will advise on auditing methodologies, rapid-response protocols, and open-source tooling.
Security as a Global Financial Requirement
Ethereum’s move is not just technical — it’s philosophical and regulatory. The network aspires to host digital nations, central bank digital currencies, DeFi ecosystems, and internet-wide identity protocols. For that to happen, its security guarantees must meet or exceed those of legacy institutions. The 1TS announcement follows Ethereum co-founder Vitalik Buterin’s recent push to restructure EF leadership, ensuring Ethereum’s decentralization ethos remains intact while attracting mass adoption.
The Stakes Are Higher Than Ever
With Ethereum becoming the backbone of DeFi, NFTs, institutional rollups, and digital identity, this initiative acknowledges that any lapse in security could cost billions — or worse, public trust.