Vitalik Buterin: Ethereum Foundation to Shrink, Sell Less ETH, Focus on CROPS
Key takeaways
- Buterin announced the Ethereum Foundation will reduce in size, sell fewer ETH, expand its board, decrease his influence, and focus on 'CROPS' as one node with a defined purpose.
AI insight — what it means
The Ethereum group behind the second-biggest digital coin is shrinking and will sell fewer coins from its holdings. Everyday investors may see steadier supply of the coin but the shift is unlikely to change prices right away.
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