← Back to KHAO

Vitalik Buterin · Ethereum ·

Buterin confirms Ethereum Foundation will shrink, sell less ETH, and focus on 'CROPS'

2 min read

Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.

★ Tier-1 Source

Vitalik Buterin (CoinDesk Archives)

Ethereum co-founder Vitalik Buterin said the Ethereum Foundation will choose "longevity over breadth," reduce ETH sales and narrow its focus to CROPS: censorship resistance, capture resistance, openness, privacy and security.

Key facts

Summary

Buterin states that the Ethereum Foundation will pursue "longevity over breadth," reduce ETH sales and narrowly focus on CROPS (censorship resistance, openness, privacy and security). Buterin's influence in the EF will decrease as the board expands. Buterin argued that maximizing throughput/speed is a mistake that leads to mediocrity. In a lengthy post on X, Buterin detailed that the Ethereum Foundation holds roughly 0.16% of all ETH, well below the 10% to 50% he said it’s common for the central foundations of other blockchains to hold.

Read full article at CoinDesk →

#Vitalik Buterin #Ethereum