Ethereum Foundation releases 1TS report outlining ecosystem security challenges

Planet Daily News: The Ethereum Foundation has issued a statement that last month they announced the "Trillion-Scale Security" (1TS) plan, which is an ecosystem-level effort aimed at upgrading Ethereum's security. Today, they released the first 1TS report to outline the existing security challenges in the Ethereum ecosystem. The "Security Challenges Overview" report summarizes challenges in 6 key areas: User Experience: issues affecting user security management of private keys, interaction with on-chain applications, and transaction signing; Smart Contracts: security of smart contract components for Ethereum applications and the software production lifecycle that shapes them; Infrastructure and Cloud Security: infrastructure issues that Ethereum applications depend on (including cryptocurrency-specific and traditional infrastructure), such as L2 chains, RPC, cloud hosting services, etc.; Consensus Protocol: security features of the core protocol that protect the Ethereum blockchain from attacks or manipulation; Monitoring, Event Response and Mitigation: challenges faced by users and organizations in addressing security vulnerabilities, especially in recovering funds or managing subsequent impacts; Social Layer and Governance: Ethereum's open-source governance, community, and organizational ecosystem.