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via Decrypt · By Decrypt Editorial
Prominent Ethereum Dev Proposes $1 Billion ETH Organization With Leader Who 'Wants to Fight'
ETH
ETH/USDT
$1,923.28
+1.84%
$1,923.28
+1.84%
(24s)24h Volume
$8,194,576,986.02
24h H/L
$1,936.99 / $1,872.00
Change: $64.99 (3.47%)
Long/Short
60.1%
Long: 60.1%Short: 39.9%
Funding Rate
+0.0022%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(10:08 PM UTC)
1 min read
In brief
- Former Ethereum Foundation researcher Dankrad Feist proposed replacing the organization with a new group.
- The new group would need at least $1 billion in ETH funding, he said, plus staking fees and a focus on raising ETH's price.
- The remarks come amid resignations at the Foundation and frustration with Ethereum co-founder Vitalik Buterin.
Amidst a cascade of resignations and mounting…
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