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Former Ethereum Researcher Proposes $1B ETH Group to Replace Foundation

2026-05-21 22:15:54

Abstract generation in progress

Former Ethereum Foundation researcher Dankrad Feist proposed replacing the Ethereum Foundation with a new organization backed by at least $1 billion in ETH. Feist said the group should draw revenue from staking fees and focus more directly on raising ETH's price.

ETH-0.07%

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