Ethereum Core Development May Face Funding Crisis in Next 3-9 Months, Requires $30M Annually

ETH-1.74%
According to BlockBeats, Trent Van Epps, a former core development coordinator at the Ethereum Foundation, warned on June 19 that Ethereum's core development ecosystem may face a gradual funding crisis within the next 3-9 months. Van Epps noted that maintaining over 10 client teams, research institutions, and coordination organizations currently requires approximately $30 million annually. The warning comes as the foundation pursues a "subtraction governance" strategy, its treasury shrinks, and a four-year client incentive program (CIP) expired in April.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments