Vitalik: The Ethereum Foundation sells ETH to pay rewards to ecosystem developers
Vitalik Buterin clarified on X about the Ethereum Foundation selling ETH: "The foundation is paying remuneration to researchers and developers responsible for the following matters:
Ethereum will not consume 5 million ETH annually for proof of work;
User fees are now very low;
Transactions can be completed within 30 seconds, not 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
A whale deposited 2 million USDC into HyperLiquid and opened a 5x leveraged long position on SOL.
Bitdeer mined 122.4 BTC this week, increasing its total bitcoin holdings to 2,141.1 BTC
Trending news
MoreCrypto prices
More
