15 May | Ethereum

Ethereum aims to improve platform security

Ethereum aims to improve platform security

The Ethereum Foundation has launched a groundbreaking Trillion Dollar Security Initiative program aimed at improving network security. Paradigm experts consider this step to be a key one for the platform's development and popularization.

The implementation of this initiative starts with a thorough review of current security measures. The developers' long-term goal is to create the most secure environment for users' assets worth trillions of dollars to store and conduct transactions, according to Coinotag.

During the first phase of the program, experts also identify vulnerabilities and weaknesses in the ecosystem, try to eliminate them and strengthen the stability of the network. Elimination of the identified errors and improvement of Ethereum's functioning takes place at the second phase.

While implementing the program, the developers are going to maintain an open dialog with the users and ask for their feedback. This will make the service more convenient and adaptive, Coinotag reports.

The web portal also informs that Ethereum seeks to become the number one secure platform for the digital economy. The launch of the Trillion Dollar Security Initiative took place amid a large-scale ecosystem upgrade called Pectra.

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