Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Vitalik responded to "Why the Foundation does not pledge ETH": considering providing grants in a specific form

Vitalik responded to "Why the Foundation does not pledge ETH": considering providing grants in a specific form

CointimeCointime2024/10/27 06:33
By:Cointime

Vitalik responded to community questions regarding why the Ethereum Foundation does not stake all the ETH it holds, like the Nobel Foundation, and only use income to pay for costs. Why not consider market sentiment and listen to everyone's voice, and insist on regularly selling ETH? You have always claimed that Ethereum's POS is very secure, why not stake ETH yourself? Do you lack confidence in POS? Vitalik responded that one internal reason is that we do not want to be forced to make an "official choice" when a controversial hard fork occurs. The idea under consideration is to provide some grants in the form of "you can mortgage our ETH, and you can choose how to mortgage it, as long as it is ethical and maintains an advantage." Another way to solve this problem is to decentralize legitimacy and resources to more places, so that multiple organizations are seen as credible representatives of Ethereum in people's eyes. In this regard, our situation is much better than two years ago.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

SLPUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/23 11:57

Notice: Maintenance for VND deposit service

Bitget Announcement2025/07/21 12:30