Researcher Proposes $1 Billion Plan to Save Ethereum
BeInCrypto
Former Ethereum Foundation researcher Dankrad Feist proposes creating a new $1 billion organization to better align the ecosystem with ETH incentives.Summary
Dankrad Feist, a former Ethereum Foundation researcher, has proposed the creation of a new organization backed by $1 billion to improve Ethereum's economic alignment. Feist argues that the current structure of the Ethereum Foundation, which holds less than 0.1% of all ETH and lacks access to staking or fee revenue, is insufficient. His plan calls for an entity accountable to ETH holders, supported by permanent staking revenue streams to ensure the organization's incentives remain tied to the network's success. This proposal follows a period of significant staff departures from the Ethereum Foundation and declining network performance.
(Source：BeInCrypto)