The Ethereum Foundation said it is beginning the next phase of its Trillion Dollar Security initiative, shifting from ecosystem research to action on what it called the highest-priority security issues. In an Aug. 20 blog post, the foundation said the first wave of work will focus mainly on user experience security for individual and institutional users.

As part of the effort, the foundation said it wants the ecosystem to develop and adopt a minimum security standard for wallets, covering transparent transactions, compromise-resistant interfaces, privacy-supporting architecture, and wallet behavior standards. It said it is providing a grant to Walletbeat, an organization working on measuring wallets against such standards, to help develop and promote the standard.

The foundation also highlighted blind signing, where users sign transactions without understanding what they do, as a major UX security problem. It said it is promoting open-source resources such as the Verifier Alliance's database of more than eight million contracts, and starting R&D into transaction decoding, simulation, and possible in-protocol improvements.

Another planned project is an open-source database of smart contract vulnerabilities that developer tools could use to scan contracts before deployment. The foundation said it is in a unique position to coordinate such a database and invited auditors, white hats, and audit platforms to contribute findings.

The foundation also asked the ecosystem for help building ultra-simple non-technical wallets and enterprise-focused wallets, citing survey feedback about demand for easier payments, key management, privacy, and censorship resistance. It said it expects to launch new waves of projects targeting other security domains over time.