Ethereum Foundation Cuts Budget 40%, Shifts Focus to Core Development
Ethereum Foundation Cuts Budget 40%, Shifts Focus to Core Development
🔪 Ethereum's diet plan
The Ethereum Foundation is implementing significant organizational changes:
Budget Restructuring
- Budget reduced by approximately 40% by 2026
- Annual spending ratio targeted to drop from 15% to 5% by 2030
- Vitalik Buterin previously deployed $44M in ETH toward security and infrastructure
Operational Changes
- PSE (Privacy and Scaling Explorations) division to be dissolved
- Devcon events will be scaled back
- Reduced involvement in non-Ethereum projects
Security Focus
- AI-assisted formal verification being implemented to strengthen protocol security
The foundation is entering what Buterin describes as a "lean" phase, concentrating resources on core Ethereum development while reducing peripheral activities. This marks a shift toward fiscal discipline and focused execution on the protocol's fundamental infrastructure.
Vitalik Buterin says the Ethereum Foundation is going lean. • Budget cut ~40% by 2026 • Annual spending ratio targeted to drop from ~15% to 5% by 2030 • PSE division to be dissolved • AI-assisted formal verification to strengthen security • Devcon events scaled back • Less
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