Ether and the Ether Foundation have come under a lot of criticism lately, with the ETH price having a mediocre year and the market unhappy with the Ether Foundation's frequent ETH sales, for which Vitalik Buterin recently wrote a lengthy post on the X platform in defense of the Ether Foundation's regular ETH sales.

Vitalik Buterin explained that these sales by the Ether Foundation are used to pay Ether developers and researchers to maintain the PoS mechanism, which allows transactions to be completed in less than 30 seconds with low fees and allows for zero proof-of-knowledge privacy features, as well as allowing the network to operate without interruption since 2016: