Ethereum Foundation - thirdweb

Ethereum Foundation

A collection of 2 posts

Ethereum Foundation's 40% Budget Cut: What Vitalik's Endowment Model Means for Web3 Developers

Ethereum Foundation's 40% Budget Cut: What Vitalik's Endowment Model Means for Web3 Developers

The Ethereum Foundation is slashing its budget by 40%, laying off roughly 54 employees, and dismantling its standalone PSE unit. Here is what Vitalik Buterin's lean-endowment model means for the future of Ethereum development and why crypto's biggest names are feeling bullish.

Ethereum Foundation's Leadership Exodus and $20M Funding Gap: What Builders Need to Know

Ethereum Foundation's Leadership Exodus and $20M Funding Gap: What Builders Need to Know

At least eight senior leaders have departed the Ethereum Foundation in five months, exposing a $20 million funding gap that could slow critical upgrades like the Glamsterdam hard fork.