Ethereum Is Facing A Critical Funding Gap, Says Ex-EF Member
🎬 Ethereum Is Facing A Critical Funding Gap, Says Ex-EF Member On today's Markets Outlook, Protocol Guild Organizer Trent Van Epps tells CoinDesk's Jennifer Sanasie why the Ethereum Foundation's subtraction philosophy is creating a critical funding gap for core developers, what it will take to fill it, and why he's still optimistic about ETH's future. - ➤ The Ethereum Foundation's 'subtraction' philosophy, aimed at decentralizing power, is creating a critical funding gap for core developers, potentially impacting network upgrades and maintenance. ➤ An estimated $30 million annually is needed for core development, a sum that is becoming increasingly difficult to secure as the EF's treasury declines and private funding mechanisms like Protocol Guild prove insufficient. ➤ Despite funding challenges, the speaker remains optimistic about Ethereum's long-term prospects due to its strong on-chain economy, EVM dominance, and deep liquidity, emphasizing the need for a compelling narrative and new institutions to steward the ETH asset. #Ethereum #Ethereum Foundation #core developers #funding gap #Protocol Guild #EVM #ETH asset