The Ethereum Foundation has launched the first phase of the "Trillion Dollar Security" initiative, focusing on user experience and wallet standards.

Golden Finance reports 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, particularly wallet security and blind signing issues. The Foundation stated that the wallet is the starting point for Ethereum user security; if users cannot securely manage their Private Key and sign transactions, it will be difficult to ensure the security of on-chain funds. In the future, it will promote the establishment of minimum wallet security standards and explore how to make it easier for non-technical users to use. Additionally, the Foundation will study converting transaction code into human-readable descriptions to drop blind signing risks. This plan is co-hosted by the protocol security head Fredrik Svantes and management team member Josh Stark, with more priority projects in the security field to be advanced in phases, aiming to empower Ethereum to support "billions of users and trillions of dollars in on-chain capital."