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fishbiscuit

Ethereum community members respond to controversies, clarifying issues related to on-chain usage and ETH sell-offs

ChainCatcher message, Ethereum community member fishbiscuit (@not_qz) tweeted in response to multiple questions from the community regarding the foundation, clarifying the following facts:Social media activity: Similar to the Solana Foundation, the Ethereum Foundation primarily retweeted content in the past, but has recently begun to publish updates more actively.On-chain usage: The foundation has staked 42,000 ETH to support client development, while also funding on-chain projects such as EIP-1559 NFT and Beacon Book, and providing grants through the mainnet and L2. Events like Devcon also support crypto payments.ETH sell-off: In response to accusations of the foundation selling ETH, fishbiscuit pointed out that the foundation employs various strategies to balance market pressure and urged the community to avoid double standards, while emphasizing the regulatory challenges faced by the foundation.
2025-01-20
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