financetom
Cryptocurrency
financetom
/
Cryptocurrency
/
Ethereum Foundation Rolls Out Next Phase of Trillion
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Ethereum Foundation Rolls Out Next Phase of Trillion
Aug 23, 2025 12:43 PM

The Ethereum Foundation (EF) has revealed a plan for the next stage of its Trillion Dollar Security (1TS) project.

This follows an ecosystem survey conducted to identify the most urgent issues within Ethereum’s infrastructure.

Wallet Security Standard

In an August 20 blog post, the EF announced that the security initiatives first actions will mostly target user experience (UX) issues.

“During this first wave we will kick off a range of work targeting crucial areas in UX security. The work we begin today is a combination of high-leverage short-term actions and long-term projects that we expect will continue for years,” read the post.

First launched in May, 1TSs main goal is to enhance network security and promote broader on-chain adoption. The program is expected to roll out across several phases, with the first taking place over the next few weeks and months.

One of the key efforts will involve establishing a “Minimum Security Standard” for Ethereum wallets. The EF explained that secure UX is critical, as users must be able to safely manage keys, sign transactions, and understand the actions they approve in decentralized applications.

The proposed standard will include features such as transparent transactions, compromise-resistant interfaces, privacy-preserving architecture, and rules for governing wallet behavior, such as approval management and key handling. To support this effort, the non-profit has awarded a grant to Walletbeat, which will help to develop the benchmark and assess against it.

Blind Signing and Transaction Transparency

The foundation also highlighted blind signing as a major problem in UX security, where users are often asked to approve transactions without understanding them. To address this, it plans to promote transaction decoding, which would present human-readable details instead of raw code, and expand the use of transaction simulations that preview clear outcomes before approval.

The post revealed that the EF has started several research projects aimed at improving transaction transparency in wallets. Plans include setting new standards to make transactions easier to interpret, revisiting past proposals, and making simulation tools more reliable and widely available, alongside exploring potential in-protocol security upgrades.

Action will also be taken to help developers avoid deploying vulnerable code, which could aid in reducing the number of compromised smart contracts. This will involve creating an open-source database of relevant vulnerabilities where programmers will be able to check their code against known issues before deployment.

The survey also noted that there is demand for simpler wallets designed for non-technical users and enterprise-focused apps with features such as privacy, censorship resistance, and compliance options.

The EFs move comes a few months after Ethereum co-founder Vitalik Buterin outlined a roadmap for the ecosystem that is focused on L1s, blobs, as well as user experiences.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Bitcoin Battles for $100K, Christmas Rally Incoming? (Your Weekly Crypto Recap)
Bitcoin Battles for $100K, Christmas Rally Incoming? (Your Weekly Crypto Recap)
Dec 13, 2024
It hasnt been a particularly fun week in the cryptocurrency industry as the majority of the market is trading in the red. The losses are mostly tolerable, although some altcoins definitely feel the pressure. But lets start with Bitcoin, as always. The primary cryptocurrency saw a week full of volatility. During the weekend, it increased above $101,000 but as soon...
Whale and Shark Activity Pushes Chainlink (LINK) Past $29 For the First Time in 37 Months
Whale and Shark Activity Pushes Chainlink (LINK) Past $29 For the First Time in 37 Months
Dec 13, 2024
Chainlink (LINK) has recently surpassed the $29 mark for the first time in 37 months. Over the past week, the native token of the decentralized oracle network posted a 21% gain. As a result, LINK has emerged as one of the best-performing altcoins in recent weeks. Whale and Shark Gobble Up LINK The surge is largely fueled by a significant...
Solana Surpasses Ethereum as Top Ecosystem for New Developers in 2024: Report
Solana Surpasses Ethereum as Top Ecosystem for New Developers in 2024: Report
Dec 13, 2024
Electric Capitals 2024 Developer Report has revealed that for the first time since 2016, Solana outpaced Ethereum as the leading blockchain ecosystem for attracting new developers. The breakthrough highlights Solana’s rapid growth, with 7,625 new devs joining the network in the last 12 months, representing an 83% year-over-year increase. Rise in Developer Activity The report, released on December 12, looked...
Reveals Spanish Bank Allocates 2% to Aptos Staking ETP: Bitwise
Reveals Spanish Bank Allocates 2% to Aptos Staking ETP: Bitwise
Dec 13, 2024
Hunter Horsley, CEO of Bitwise, announced that a Spanish bank has allocated 2% of its holdings to the Bitwise Aptos staking ETP. In a tweet, Horsley stated that the adoption of cryptocurrencies is accelerating as traditional financial institutions integrate more crypto-savvy investors. He noted that the investment, made through one of the banks funds, marks a significant step toward mainstream...
Copyright 2023-2026 - www.financetom.com All Rights Reserved