The Ethereum Foundation (EF) has unveiled the Trillion-Dollar Security (1TS) initiative, a long-term plan to raise Ethereum’s security standards in line with its growing importance in global finance. The Foundation said it aims to position Ethereum as a network capable of securely holding trillions of dollars in assets for individuals and institutions. According to the Foundation, Ethereum’s future requires it to scale security to a point where billions of users can safely store $1,000 each on-chain. At the same time, it must also offer the infrastructure for organizations to confidently manage...