Ethereum co-founder Vitalik Buterin has withdrawn 16,384 $ETH (approximately $44.7 million) from his personal funds to support the long-term growth and development of the Ethereum ecosystem.
Buterin stated that the Ethereum Foundation has entered a period of “mild austerity,” where priorities will be carefully managed to focus on key goals. These include advancing Ethereum’s roadmap to strengthen its role as a decentralized global platform while ensuring users maintain self-sovereignty, security, and privacy.
Despite Ethereum’s price recently reaching a six-month low, Buterin emphasized his commitment to expanding innovation within the network. He plans to take a more active role in special development projects, particularly in open-source applications related to finance, communication, governance, operating systems, biotechnology, and secure hardware.
Additionally, Buterin mentioned exploring decentralized staking options to help sustain funding for future initiatives.
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