The DAO Security Fund: Round 2 with Griff Green

New @greenpillnet pod out today! In this episode of the Green Pill Podcast, Griff Green returns to discuss Round 2 of the DAO Security Fund a new approach to funding and coordinating security initiatives across the Ethereum ecosystem. Griff explains what the first round revealed about the Ethereum security landscape, why Round 2 is designed to go deeper rather than wider, and how the DAO Security Fund aims to become a Schelling point for security funding coordination. The conversation covers quadratic funding, security initiatives, RFPs, grants, milestone-based funding, market adoption, formal verification, operational security, bug bounties, and the role AI could play in making Ethereum more secure. Griff also shares his vision for the DAO Security Fund: making Ethereum safer than banks by building shared infrastructure and moving the ecosystem from a reactive security posture to a proactive one. In this episode: The results of DAO Security Fund Round 1 What changes in Round 2 How the new funding mechanism works Grants vs. RFPs Why market participation matters Funding Ethereum's shared security infrastructure Formal verification and compiler security The economics of collective security Why Ethereum needs to stop funding hackers Moving from reactive to proactive security AI and the future of Ethereum security The role of DAOs and collective action How you can propose a security initiative If you're an Ethereum security researcher, builder, company, or community member, Griff's message is simple: bring forward the security problems you want to see solved, and help the ecosystem fund them together. Some of the materials we mention in the episode: https://x.com/Giveth/status/203681558... https://x.com/griffgreen https://x.com/Giveth https://x.com/thedaofund https://thedao.fund https://gitcoin.co Timestamps 00:00 — Introduction & Griff Green’s Ethereum journey 01:36 — TheDAO Security Fund Round 1: What worked and what they learned 03:49 — From broad funding to deeper security initiatives 04:58 — How Round 2 works: Initiatives, multisigs & ecosystem funding 07:20 — Security Badge holders, rankings & the funding process 09:47 — Grants vs. RFPs and milestone-based funding 20:01 — Why security needs better market coordination 22:24 — Formal verification and the case for funding shared infrastructure 24:22 — The apartment-building analogy: Why collective security makes sense 25:45 — Why Ethereum needs to stop funding hackers 27:31 — Griff’s goal: Making Ethereum safer than banks 29:13 — Moving Ethereum security from reactive to proactive 30:38 — Why coordinated security spending can save everyone money 30:44 — Lightning Round: Incentives & public goods 31:28 — Quadratic funding & participatory budgeting 32:02 — Are DAOs making a comeback? 32:37 — AI, robotics & the future of DAOs 34:11 — The most overrated crypto trend: TradFi in crypto 36:01 — How to get involved with TheDAO Security Fund 38:17 — Wrap-up & where to learn more Subscribe to the podcast here https://pod.link/1609313639 https://greenpill.network/