The host of the cryptocurrency program "The Rollup", Andy, cited data from Kaito AI, indicating that Ethereum co-founder Vitalik Buterin has recently been in "battle mode", with the highest "KOL attention" of 1.69% in the past seven days, followed by Helius Labs CEO Mert Mumtaz at 1.18%.
V God Counterattacks Criticism of the Ethereum Foundation's Statements
Recently, Ethereum and the Ethereum Foundation have faced a lot of criticism, and the ETH price has performed poorly this year. The market is dissatisfied with the Ethereum Foundation's frequent selling of ETH, and in response, Vitalik Buterin recently wrote a long article on the X platform to defend the Ethereum Foundation's regular sale of ETH.
Further Reading:What else is the Ethereum Foundation doing besides selling coins? Clues from the Moore Summit in Thailand in November
Vitalik Buterin explained that these sales by the Ethereum Foundation are used to pay fees to Ethereum developers and researchers to maintain the PoS mechanism, allowing transactions to be completed in 30 seconds with low fees, and enabling the privacy feature of zero-knowledge proofs, while keeping the network running uninterrupted since 2016:
Ethereum no longer issues 5 million ETH per year due to the PoW mechanism
Users now pay very low fees to use Ethereum
Users' Ethereum transactions can be completed in 30 seconds, not 1-30 minutes (due to EIP-1559)
Please show some respect.
When asked why the Ethereum Foundation does not use all of its ETH holdings for staking and use the staking rewards to cover expenses instead of directly selling ETH, 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.
However, Vitalik Buterin stated that the Ethereum Foundation is exploring other ways to participate in staking, including using staked ETH to provide grants, which will allow grant recipients to control the withdrawal time and retain the rewards. He also mentioned that they are considering delegating the Ethereum Foundation's staking responsibilities to other organizations.
As the Ethereum FUD sentiment has continued to spread recently, Vitalik Buterin has been speaking out more frequently on the X platform, recently publishing Ethereum's technical roadmap outlook and sharing his views and suggestions on the Merge, Surge, Scourge, Verge, and Purge phases, which may have an impact on Ethereum's future.
