Ethereum Foundation


Technology

The Ethereum Foundation Commences Shutdown of Ropsten Testnet

Developers should move their applications over to either the Goerli or Sepolia testnets.

(Getty Images)

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Ethereum Merge 'Going to Make a Huge Difference' for Energy Consumption: Researcher

The Ethereum Foundation claims the much anticipated Merge this September from proof-of-work to proof-of-stake will reduce the blockchain network's energy consumption by 99.95%. Independent researcher and artist Kyle McDonald discusses the potential impact of the Merge on Ethereum's energy consumption and the implications for NFTs.

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Technology

At ETHSeoul, Ethereum Developers Turn Attention to Privacy and Users

Real-life use cases, privacy and making blockchain applications more accessible for retail users dominated the conversations at Ethereum’s developer event.

Ethereum cofounder Vitalik Buterin speaks at ETHSeoul. (CoinDesk)

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So What If Ethereum Foundation Holds Fiat?

According to the Ethereum Foundation’s (EF) 2022 annual report, the non-profit organization holds $300 million, nearly 20% of its treasury, in non-crypto investments. “The Hash” group discusses the extensive size of the Ethereum Foundation's treasury, the need for fiat investments given crypto market volatility, and Ethereum's highly anticipated merge to a proof-of-stake consensus mechanism. 

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Layer 2

So What if the Ethereum Foundation Holds Fiat?

The Ethereum Foundation disclosed in an annual report that nearly 20% of its treasury is made up of non-crypto investments.

View of an unspecified wall decorated with an oversized, rainbow-colored dollar bill in Manhattan's Lower East Side neighborhood, New York, New York, February 1988. (Photo by Susan Wood/Getty Images)

Finance

Ethereum Foundation Holds $1.3B in Ether, $300M in Non-Crypto Investments

Ether held by the non-profit represents about 0.3% of the total ether supply as of March 31, 2022.

(Alan Schein Photography/Getty Images)

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Ethereum’s Dark Underbelly Shows That Even in Crypto, Trust Matters

Laura Shin’s book “The Cryptopians” drives home the reality that the human element is at least as important as it is in traditional fields.

Though he was one of many Ethereum cofounders, Vitalik Buterin's contributions - including surprisingly careful management - were pivotal. (David Paul Morris/Bloomberg/Getty)

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Former Ethereum Developer Virgil Griffith Sentenced to 5+ Years in Prison for North Korea Trip

CoinDesk U.S. Regulatory Reporter Cheyenne Ligon discusses the sentencing of former Ethereum developer Virgil Griffith, who will be serving over five years in prison for breaking international sanctions during his 2019 trip to Pyongyang. Ligon discusses her take on the purpose of Griffith’s trip to North Korea, his role in the Ethereum Foundation, and the atmosphere in the courtroom. 

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Finance

Former Ethereum Developer Virgil Griffith to Be Sentenced in New York Court Tuesday

Griffith, who pleaded guilty last year to one count of conspiracy to violate international sanctions against North Korea, faces up to 6 1/2 years in prison.

Ethereum developer Virgil Griffith speaks at Consensus: Singapore 2018

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