Vitalik Buterin domineeringly stated: Show me some respect! The Ethereum Foundation selling ETH is not playing people for suckers, but ensuring operation and development

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Amid the recent slam on Ethereum and the Ethereum Foundation, Ethereum co-founder Vitalik Buterin received the highest "KOL following" on X last week for posting articles about Ethereum's roadmap and vigorously countering Ethereum's critics. (Synopsis: "Stake centralization" is one of Ethereum's biggest risks, Vitalik Buterin reveals The Scourge upgrade solution) (Background added: Vitalik Buterin predicts "the disappearance of the encryptionWallet": quantum computing will eventually crack the external accountEOA) Quoted by Andy, host of the cryptocurrency show "The Rollup." According to Kaito AI data, Ethereum co-founder Vitalik Buterin was recently in "pro-battle mode", where he received the highest "KOL attention" in the past seven days at 1.69%, followed by Helius Labs CEO Mert Mumtaz at 1.18%. Vitalik is in wartime mode. He now holds the #1 spot on CT KOL mindshare for the last 7 days and 30 days, according to @_kaitoai. pic.twitter.com/o5BbT8OxgK — Andy (@ayyyeandy) October 27, 2024 V God Counters Criticism of Ethereum Foundation Remarks Recently, Ethereum and the Ethereum Foundation have been criticized a lot, ETH prices have been mediocre this year, and the market is unhappy with the Ethereum Foundation's frequent dumping of ETH, for which Vitalik is concerned Buterin recently wrote a lengthy post on Platform X in defense of the Ethereum Foundation's regular sale of ETH. Read more: What is the Ethereum Foundation doing besides selling coins? Vitalik Buterin explained at the Moore summit in Thailand in November that these Ethereum Foundation sales are used to pay Ethereum developers and researchers to maintain the PoS mechanism, allow transactions to be completed in 30 seconds with low fees, and allow Zero-Knowledge Proof's privacy features, while allowing the network to operate uninterrupted since 2016: Ethereum is no longer PoW mechanism, and 5 million additional ETH users per year now use Ethereum very low fees Users can complete Ethereum transactions in 30 seconds, not 1-30 minutes (because of EIP-1559) Please put respect. bro the ETH foundation is paying researchers and devs that are responsible for (i) ethereum not bleeding 5M ETH/year to proof of work(ii) your fees being low today(iii) your txs getting included in < 30s instead of like 1-30 min (EIP 1559) show some respect — vitalik.eth (@VitalikButerin) October 26, 2024 When asked why the Ethereum Foundation doesn't use all of its ETH Holdings for stake, and pays for it with stake proceeds, instead of selling ETH outright, Vitalik Buterin explained that the Ethereum Foundation wants to avoid being forced to make an "official choice" in the event of a controversial hard fork. One internal reason why has been that we don't want to be in the situation of being forced to make an "official choice" in the event of a contentious hard fork. One interesting idea around this that is being considered is giving some grants in the form of "you can stake our ETH,... — vitalik.eth (@VitalikButerin) October 27, 2024 However, according to Vitalik Buterin, The Ethereum Foundation is exploring other ways to participate in stake, including granting grants with STAKE's ETH, which would allow grantees to control when withdrawals are withdrawn and retain rewards, and he mentioned that it is considering delegating responsibility for Ethereum Foundation's stakes to other organizations. As Ethereum fear, uncertainty and doubt sentiment continues to spread in the near future, Vitalik Buterin has become more vocal on the X platform, and he has recently been publishing Ethereum's technology roadmap outlook, sharing his insights and suggestions for the Merge, Surge , Scourge, Verge and Purge phases that will likely have an impact on Ethereum's future. Vitalik Buterin announces "The Surge" goals: EthereumTPS breaks 100,000, cross-L2 interoperability leaps, and further rollups Vitalik Buterin talks about the future of EthereumPoS! dropstake threshold to "1 ETH" for efficient transactions and security Vitalik Buterindump multiple memecoins and cash out 908 ETH! 2.23 million magnesium proceeds are donated to charity "Vitalik Buterin's domineering words: Give me respect! The Ethereum Foundation sells ETH not to play people for suckerssucker, but to ensure operations and development" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Block Chain News Media".

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ShizukaKazuvip
· 2024-10-28 05:05
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ShizukaKazuvip
· 2024-10-28 05:02
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ShizukaKazuvip
· 2024-10-28 05:00
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