Unclaimed Ethereum from the notorious 2016 DAO hack will be redirected to a new security fund designed to bolster network safety, according to Griff Green, an Ethereum advocate. In an interview with Unchained podcast host Laura Shin, Green emphasized that a significant amount of Ether is currently sitting idle in contracts meant for victims of the hack. He explained that while a hard fork returned much of the Ether to tokenholders, the process was complex, leaving around $200 million unclaimed. This fund will aim to enhance Ethereum's security, making it safer than traditional banks. Green stated, “We really want to stick to our guns with The DAO and live up to the name of The DAO.” The initiative will also prioritize innovative distribution methods like retroactive funding and ranked-choice voting. Green noted that the DAO has helped ignite the security industry within Ethereum, paving the way for widespread smart contract audits post-hack. The goal is clear: to create a more secure environment for asset storage on Ethereum, a crucial step in strengthening the broader ecosystem. As Ethereum continues to mature, this focus on security could reshape user trust and engagement in the network.