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 >
DOT Soars 4% Daily as the Bulls Target This Level Next (Polkadot Price Analysis)
DOT Soars 4% Daily as the Bulls Target This Level Next (Polkadot Price Analysis)
May 17, 2024
Polkadot’s price action has been choppy lately, with the market going through a consolidation period over the last month. However, things might be turning for the better. Technical Analysis By TradingRage The Daily Chart In the daily timeframe, it is evident that DOT’s price has been hovering below the 200-day moving average, at around the $7.5 mark, for a while...
Bitcoin Pushes Above $66K, is a New All
Bitcoin Pushes Above $66K, is a New All
May 17, 2024
Bitcoin’s price is finally gaining some bullish momentum following almost two months of correction. It seems that the bulls are looking to paint a new record high in the coming weeks, but will they make it? Technical Analysis By TradingRage The Daily Chart Bitcoin’s daily price action has been showing an apparent corrective behavior. The cryptocurrency has been making lower...
BTC Records Best Week Since March Amid US CPI Announcement and Big Names Buying Bitcoin ETFs: This Week’s Crypto Recap
BTC Records Best Week Since March Amid US CPI Announcement and Big Names Buying Bitcoin ETFs: This Week’s Crypto Recap
May 17, 2024
A lot can change in the cryptocurrency market within the span of a week and it indeed did in the past seven days. It was just last Friday when bitcoin was struggling to remain above $60,000 after another leg down, but the landscape is quite different now. The changes started to happen during the weekend when BTC remained above the...
Crypto Investors Turn Greedy as Bitcoin Surges Past $66K
Crypto Investors Turn Greedy as Bitcoin Surges Past $66K
May 17, 2024
The crypto market is rife with greed again following bitcoin’s (BTC) latest rally to a three-week high of over $66,000. Data from Alternative.me shows the Crypto Fear and Greed Index is currently as high as 74, indicating a period of greed among digital asset investors. Crypto Investors Are Greedy The surge in crypto market sentiment to greed follows a period...
Copyright 2023-2026 - www.financetom.com All Rights Reserved