CryptoWorld News reports that Wu has learned that Ethereum core developer dankrad feist tweeted that the way to save Ethereum is for the community to create an organization that is consistent with Ethereum's economy and responsible for it. He stated that the Ethereum Foundation (EF) currently holds less than 0.1% of the total ETH, and there are no Ethereum staking or fee income streams. If Ethereum is to regain its advantage, a trustable funding source organization with an initial capital of at least 1 billion US dollars should be created, capable and willing leaders should be appointed to compete, and a board of directors and accountability charter composed of people hoping for ETH to rise should be established. Additionally, permanent funding support should be provided through substantial staking income, and a governance mechanism with adjustable fund allocation should be built. He said this is currently hard to imagine, but he believes it is the only way, and it may eventually happen, but reaching consensus or it may take a long time.

ETH-0.41%
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AirdropJanitor
· 2m ago
The last phrase "or may take a long time" is simply Ethereum's official slogan.
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GateUser-1c5ab2b5
· 5m ago
Reaching consensus takes a long time = You might miss the window, and L2s definitely won't wait.
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MevInRetrospect
· 1h ago
Now EF is indeed like a public welfare foundation, not a combat-ready protocol national team.
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GateUser-f78f1f3e
· 1h ago
Staking income as a blood bag—this is much better than selling coins to extend life, at least it doesn't crash the market.
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ForkliftFaye
· 1h ago
"Hard to imagine but will happen" — a typical Ethereum-style optimistic-pessimistic hybrid.
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FragmentGlowFlower
· 1h ago
1 billion USD startup capital, plus pledge income in perpetuity, this model is healthier than many L2s
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GlassDomeObservatory
· 1h ago
It feels like implying that EF isn't aggressive enough, but it's hard to say it directly.
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GateUser-f7b40cee
· 1h ago
Dankrad's words are quite harsh; EF only has 0.1% ETH left, truly lacking confidence now.
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LastNameBear,FirstNameCow
· 1h ago
Ethereum will gradually exit the stage of history.
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ReefUnderTheMoonlight
· 1h ago
Permanent funding pool + adjustable governance, isn't this just the deluxe version of a treasury DAO?
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