Vitalik Buterin clarified on the sale of ETH by the Ethereum Foundation: "The Foundation is paying researchers and developers who are responsible for:
1. Ethereum does not spend 5 million ETH per year for proof of work;
2. User fees are now very low.
3. Transactions can be completed in 30 seconds instead of 1-30 minutes (EIP 1559). "
Vitalik: The Ethereum Foundation sells ETH to pay ecosystem researchers
2024-10-27 06:25:24
Vitalik buterin ethereum foundation sale eth issue post clarificationdesk3cryptocurrencydesktopCrypto News
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