Compass Investments

– The Ethereum Foundation has released its first report on its most ambitious security initiative yet, dubbed

Trillion Dollar Security

(1TS).

This detailed document is designed to identify the key risks that the Ethereum network must address in order to reliably serve trillions of global value on the blockchain.

the first 1TS report detailed the stringent requirements that will be imposed on individuals, organizations and even governments willing to entrust significantly large amounts of capital to the ETH network. The release follows a number of similarly in-depth fund initiatives in recent weeks, all of which are the result of a recent restructuring aimed at improving the stability of the network.

Drawing on extensive input from a variety of stakeholders, including developers, network users and security experts, the report identifies vulnerabilities in six key areas. Key areas of focus for improving security:

User experience: Improving security for end users.

Smart Contracts: Strengthening the integrity and security of on-chain code.

Infrastructure: Strengthen the underlying network components.

Consensus: Enhance the security of the Ethereum consensus engine.

Incident Response: Improved preparedness and response to security incidents.

Governance: Ensure the security of network decision-making processes.