Cryptocurrency podcast host Andy from The Rollup recently cited Kaito AI data showing Ethereum co-founder Vitalik Buterin in "combat mode," topping "KOL attention rankings" with 1.69% engagement over seven days—surpassing Helius Labs CEO Mert Mumtaz's 1.18%.
Vitalik Buterin Counters Criticism Against Ethereum Foundation
The Ethereum Foundation has faced mounting scrutiny amid ETH's stagnant price performance this year, particularly for its regular ETH sales. In a detailed post on X platform, Buterin defended these actions as essential for sustaining Ethereum's ecosystem:
Key Justifications for ETH Sales:
Funding Development: Proceeds support researchers and developers maintaining:
- PoS consensus (replacing energy-intensive PoW)
- Sub-30-second transaction finality (via EIP-1559)
- Zero-knowledge proof privacy features
- Operational Continuity: Ensures uninterrupted network operation since 2016.
Buterin emphasized:
"Ethereum no longer issues 5M new ETH annually via PoW.
Users now enjoy low fees and faster confirmations.
Show some respect."
Addressing Staking Alternatives
When questioned why the Foundation doesn't stake all ETH holdings for passive income instead of selling, Buterin explained:
- Neutrality Preservation: Avoids forced alignment during contentious hard forks.
- Future Staking Strategies: Exploring delegated staking and grant-based distributions, allowing recipients autonomy over rewards.
Ethereum's Evolving Roadmap
Amid growing FUD, Buterin has actively shared technical updates, including insights on:
- Merge: PoS transition
- Surge: Scalability solutions
- Scourge/Verge/Purge: Enhanced efficiency phases
👉 Explore Ethereum's latest developments
FAQ Section
Q: Why does the Ethereum Foundation sell ETH instead of holding?
A: Sales fund critical operations while maintaining neutrality in governance disputes.
Q: How does staking factor into the Foundation's plans?
A: They're testing grant-based staking models to empower recipients with reward control.
Q: What’s next for Ethereum’s technology?
A: Focus remains on scaling (Surge) and optimizing network efficiency (Scourge/Verge/Purge).
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