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
Chilly lithium prices return, JPMorgan lowers earnings forecast for Albemarle (ALB.US) and cuts target price to $140
Due to the continued decline in lithium prices, JPMorgan has significantly lowered its earnings forecasts and target price for Albemarle, the global lithium giant.
Sparebank 68 Grader Nord allocates employee share-plan equity certificates at NOK 204.95 each
Crypto prices
More
