ChainCatcher reports that the Ethereum Foundation announced today that it has officially launched the staking of a portion of its treasury assets to implement the treasury policy announced last year.
On-chain data shows that the foundation has completed a deposit of 2016 ETH, with a total of approximately 70,000 ETH expected to be staked. Staking rewards will flow back into the foundation's treasury. This staking operation utilized the open-source software solutions Dirk and Vouch developed by Attestant.
Dirk, as a distributed signature tool, supports collaborative operation by independent entities across multiple jurisdictions, eliminating the risk of single points of failure; Vouch supports a multi-client combination strategy to reduce the risk of client diversity. The foundation stated that its deployment architecture covers a minority of clients and uses a hybrid approach of managed infrastructure and self-managed hardware across multiple regions.
The Ethereum Foundation stated that this move will not only help enhance the security of the Ethereum network, but will also provide sustainable funding for the foundation's core operations, covering key areas such as protocol development, ecosystem development, and community funding.
