On August 15, Ronin—a sidechain that had been expanding its DeFi and consumer DApp ecosystem—suddenly announced its "return home," pivoting from an Ethereum sidechain to an L2 solution.

Meanwhile, the Ethereum Foundation (EF) advanced another milestone: the "Trillion-Dollar Security Initiative" (1TS) entered Phase 2, shifting focus from core consensus and security mechanisms to wallet UX and application-layer usability.

As the first ducks sensing spring warmth, Ethereum’s next wave—dual upgrades in security and experience—is now underway.

1TS Phase 2: From Security to Experience

In May 2025, EF unveiled the blueprint for the "Trillion-Dollar Security Initiative" (1TS), aiming to position Ethereum as the ultimate settlement layer for billions of users and trillions in economic activity.

EF then restructured its governance framework and released the first 1TS report in June, categorizing Ethereum’s security challenges into six areas: UX, smart contract security, infrastructure/cloud security, consensus protocol security, incident response, and social/governance security. This marked Ethereum’s systematic approach to tackling ecosystem risks.

On August 20, EF announced the launch of Phase 2, prioritizing wallet UX and safety. Key actions include:

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• Partnering with Walletbeat to set minimum security standards for Ethereum wallets (e.g., transparent transactions, anti-phishing interfaces);
• Supporting projects like Verifier Alliance (VERA) to resolve blind signing and enhance transaction decoding;
• Building an open-source smart contract vulnerability database for pre-deployment code audits;

EF also encouraged community-driven "minimalist wallets" for non-technical users and enterprise solutions balancing compliance and privacy, further lowering Ethereum’s entry barriers.

In short, 1TS has moved from vision to execution. Ethereum aims not only to remain the safest infrastructure but also to become the most user-friendly and trusted public base, leveraging network effects: capital, users, and developers flock to platforms offering higher security and smoother experiences.

Security + Experience: Fortifying the Moat

"If users can’t understand the transactions they sign or manage keys properly, their experience remains risky—no matter how secure Ethereum’s base layer is." This captures Phase 2’s goal: transforming wallets and apps from security liabilities into "safety guardrails."

Ronin’s "homecoming" exemplifies this shift. It once left Ethereum due to high gas fees and complex interactions to build its own chain. But with Rollup maturity and Ethereum’s dual upgrades, Ronin now sees greater value in rejoining the ecosystem:

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• Returning grants access to Ethereum’s liquidity, unified standards, rich tooling, and ironclad security—lowering costs and improving UX.
• Independence is futile against Ethereum’s gravitational pull.

If Phase 1 won trust from DeFi, stablecoins, and NFTs through security, Phase 2 highlights Ethereum’s ability to siphon users and innovation via superior UX.

Blind signing fixes, security standards, and vulnerability databases aren’t just safeguards—they’re UX upgrades. They lower barriers, turning Ethereum from a "geek-only" playground into a global default for individuals and institutions.

Ronin is just the start. Today, gaming chains return; tomorrow, more independent chains may migrate to Ethereum as L2s, cementing its settlement layer dominance and expanding its ecosystem.

Post-security, experience becomes the new moat. Once fortified, Ethereum will be developers’ top choice and users’ gateway.

Wallets: The First Line of Defense for Trillion-Dollar Apps

If 1TS is Ethereum’s systemic upgrade, wallets are its cornerstone. Thus, EF prioritizes wallet standards:

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• Readable transactions and simulations eliminate blind signing, while vulnerability databases and tools help pre-launch audits. These actions build "guardrails," transforming wallets from mere entry points to trusted guardians of assets and UX.

For users, wallets will evolve from "crypto tools" to "default-secure on-chain assistants." For developers, standardized wallets mean faster, safer user onboarding.

For wallet providers like imToken, this is both a challenge and an opportunity. Recent upgrades align with EF’s vision:

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• Readable signatures display grant details (recipient, amount, infinite approvals), reducing mis-signed risks.
• Authorization management lets users review/revoke DApp permissions.
• Integrated blacklists, DApp risk scores, and third-party security services preempt phishing and malicious contracts.

Wallets aren’t just gateways—they’re Ethereum’s frontline for trillion-dollar apps. Those aligning with standards and building guardrails will thrive in the "homecoming wave."

Conclusion

Today’s Ethereum is no longer just the "world’s largest smart contract platform"—it’s evolving into global infrastructure for trillion-dollar applications.

In coming years, Ethereum will dominate crypto finance while expanding into real-world use cases: cross-border payments, corporate treasuries, gaming, and social networks.

As witnesses, we’ll see trillion-dollar innovations redefined atop Ethereum.