The Ethereum Foundation (EF) has unveiled a bold new initiative, christened Trillion Dollar Security (1TS). It aims to restore trust, retain builders, and secure trillions in on-chain value. It marks a pivotal moment in Ethereum’s quest to become the trusted global settlement layer for digital assets. Ethereum Foundation Rolls Out Trillion-Dollar Security Announced on May 14, the 1TS program aims to elevate Ethereum’s security standards to a level where billions of people can feel confident holding $1,000 onchain, and institutions, a trillion dollars in a single smart contract
source: https://beincrypto.com/ethereum-foundation-trillion-dollar-security/