Ethereum

0. Since EF spending has been a topic of conversation lately, here’s some thoughts and answers to some of the big questions we’ve seen.

(cross-posted from x)

I work for Ethereum at the Ethereum Foundation.

I’ve visited ef addr on block explorer and the budget did not seem like it’s 100M/year.

There have been a bunch of withdrawals, mostly 1000 eth per every few months for the last years.

So, the 100M withdrawal / budget smells like bs. There should be some exact numbers posted somewhere.

here is an explicit confirmation that the budget is approx. $100M a year from the executive director

Security, austrian school. Developing noble cryptography: audited js libraries for web3. https://paulmillr.com/noble

here is an explicit confirmation that the budget is approx. $100M a year from the executive director https://x.com/AyaMiyagotchi/status/1827219654999470258

I saw this tweet but it still doesn’t tell the whole story.

- is it 100m/2024 or 100m/2023, 2022, 2021 as well?
- where have old years been funded from?

- if it’s just 2024, how much was 2023 and why the increase?