Vitalik responds to "Why doesn't the foundation stake ETH": Considering providing grants in a specific form
Vitalik responded to Jason Chen's question, "Why doesn't the Ethereum Foundation stake ETH and use the income to cover costs?" He said, "One internal reason is that we don't want to be forced into making an 'official choice' when a controversial hard fork occurs. An idea under consideration is offering some grants in the form of 'you can stake our ETH, you can choose how to stake it as long as it's ethical and maintains superiority.' Another way to address this issue is by spreading legality and resources more widely so multiple organizations are seen as credible representatives of Ethereum in people's eyes. In this regard, we're much better off than two years ago."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cathie Wood Takes ARK Venture Fund Onchain With Securitize
Litecoin Hits 8-Month High as ETF Holdings Set Record — Can Bulls Clear $75?
University of Michigan September Consumer Sentiment Index falls to a four-month low, inflation expectations for the next year rise to 4.6%
The final value of the US Michigan Consumer Sentiment Index for September dropped to 48.1, reaching a four-month low. Consumers expect inflation over the next year to be 4.6%, higher than last month's 4%. The expected annualized inflation rate for the next 5 to 10 years is 3.4%, the highest level since May. US gasoline and diesel prices have climbed, and mortgage rates have surpassed 7%. According to the survey leader, despite political differences, consumers unanimously believe the economic outlook has worsened.
Crypto prices
More
