Vitalik: The Ethereum Foundation sells ETH to pay ecosystem developers
Vitalik Buterin clarified in a post that the Ethereum Foundation is selling ETH to pay researchers and developers responsible for the following:
1. Ethereum will not consume 5 million ETH per year for proof of work;
2. User fees are currently low;
3. Transactions can be completed within 30 seconds instead of 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
Bitget launches cross margin trading for BGB/USDT and BGB/USDC
Announcement on Bitget listing LLYUSDT,MAUSDT,UNHUSDT STOCK Index perpetual futures
Announcement on Bitget listing CSCOUSDT, PEPUSDT, ACNUSDT STOCK Index perpetual futures
Stock Futures Rush: Trade popular stock futures and share $250,000 in equivalent TSLA tokenized shares. Each user can get up to $8,000 TSLA.
Trending news
MoreCrypto prices
More
