Vitalik Buterin announced strategic changes for the Ethereum Foundation (EF). The organization will enter a period of “mild austerity.” This measure aims to adhere to an aggressive roadmap without compromising financial sustainability. EF prioritizes scalability and decentralization of the main network.
The Ethereum co-founder withdrew 16,384 ETH from his personal wallet today, January 30th. This figure currently equates to approximately $45 million. Mr. Buterin announced that he would fund projects carried out by the foundation. No longer considers internal priorities. These resources support open source software and hardware development.
Buterin currently holds approximately 240,000 ETH in known public addresses. The withdrawal announced this Friday represents approximately 6.8% of Ether’s total assets. What developers are looking for is Protecting the core mission of the Ethereum base layer. He will take over responsibilities that previously belonged to EF’s “special projects”.
The Ethereum ecosystem is currently aiming to solve critical infrastructure and digital sovereignty challenges. CriptoNoticias recently reported that Ethereum has solved the famous blockchain trilemma with the new Pectra update, according to Vitalik. The focus now shifts to privacy and local authentication. Vitalik invests in operating systems, secure hardware, and encrypted messaging applications.
Individual sovereignty and techniques to counter “corporop”
Buterin rejects the dominant corporate technology model based on closed APIs. He defines it as “Corposlow.” Towards “ordinary” software managed by large companies. Developers prefer tools that allow them to collaborate without central control. The goal is to create a “full stack” of user-verifiable technologies.
As highlighted in the statement, “Ethereum for those who need it” is the priority of this new phase. Buterin plans to support projects like Vensa. Make an open silicon chip. He also mentioned donating to privacy-preserving messaging apps. He seeks to make autonomy and security universal fundamental rights.
Co-founders will explore decentralized staking options to generate more funds in the future. These proceeds will fund long-term public health and biotechnology goals. Ethereum Foundation We will continue to focus on technological development of the protocol. Vitalik ensures that the technology layers are controlled to achieve these changes.
Vitalik Buterin is the main creator and influencer of Ethereum, so his decisions often impact the ecosystem.