Vitalik: The Ethereum Foundation sells ETH to pay ecosystem developers
Vitalik Buterin clarified in a post that the Ethereum Foundation is selling ETH to pay researchers and developers responsible for the following:
1. Ethereum will not consume 5 million ETH per year for proof of work;
2. User fees are currently low;
3. Transactions can be completed within 30 seconds instead of 1-30 minutes (EIP 1559).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget to list Pons (PONS)
Bitget US Stocks Gold-tier Fans Challenge | KCGI Special: Share the $3,000 Prize Pool!
Futures Martingale custodial bots will be discontinued on October 12, 2026
CandyBomb x DGAI: Trade to share 60,000 USDT
Crypto prices
More
