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: 1. Ethereum will not consume 5 million ETH per year for proof of work; 2. User fees are now very low; 3. 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
The scale of RWA on the Ethereum chain surpasses $15 billions, with tokenized gold contributing over $4 billions.
Aptos community vote passes proposal to cap APT token supply at 2.1 billions
Avantis: Second round of airdrop will open for claiming on March 6 at 7:30
Neutron discloses vulnerability and suspends order book and other functions, expected to relaunch on March 9
Trending news
MoreCrypto prices
More
