The Ethereum Foundation has launched the first round of the "Trillion Dollar Security" initiative, focusing on user experience and wallet standards.
Golden Finance reported that after the Ethereum Foundation proposed the "Trillion Dollar Security" plan in May of this year, it announced the first round of implementation measures this week, focusing on enhancing user experience (UX) security, especially regarding wallet security and blind signing issues. The Foundation stated that wallets are the starting point for Ethereum user security. If users cannot securely manage their private keys and sign transactions, it is difficult to ensure the safety of on-chain funds. In the future, it will promote the establishment of minimum security standards for wallets and explore how to enable non-technical users to use them conveniently. Additionally, the Foundation will study converting transaction code into human-readable explanations to reduce blind signing risks. This plan is co-hosted by protocol security lead Fredrik Svantes and management team member Josh Stark, and more priority projects in the security field will be phased in subsequently, aiming to enable Ethereum to support "billions of users and trillions of dollars in on-chain capital."
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The Ethereum Foundation has launched the first round of the "Trillion Dollar Security" initiative, focusing on user experience and wallet standards.
Golden Finance reported that after the Ethereum Foundation proposed the "Trillion Dollar Security" plan in May of this year, it announced the first round of implementation measures this week, focusing on enhancing user experience (UX) security, especially regarding wallet security and blind signing issues. The Foundation stated that wallets are the starting point for Ethereum user security. If users cannot securely manage their private keys and sign transactions, it is difficult to ensure the safety of on-chain funds. In the future, it will promote the establishment of minimum security standards for wallets and explore how to enable non-technical users to use them conveniently. Additionally, the Foundation will study converting transaction code into human-readable explanations to reduce blind signing risks. This plan is co-hosted by protocol security lead Fredrik Svantes and management team member Josh Stark, and more priority projects in the security field will be phased in subsequently, aiming to enable Ethereum to support "billions of users and trillions of dollars in on-chain capital."