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Buterin to Shrink Ethereum Foundation's ETH Sales
The Block·
Ethereum co-founder Vitalik Buterin announced a strategic shift for the Ethereum Foundation (EF), prioritizing long-term sustainability over broad initiatives. The foundation plans to reduce its sales of Ether (ETH) to conserve resources. This decision comes amid an exodus of researchers from the organization. Buterin emphasized a focus on Ethereum's core 'CROPS' properties, indicating a more concentrated approach to development and support for the blockchain's fundamental aspects. The move signals a potential recalibration of the EF's operational strategy and resource allocation in response to internal changes and a desire for enduring impact.
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fintech
crypto
regulation
Original Source
The Block — theblock.co