CoinWorld News, Ethereum non-profit research and development organization ethlabs released a FAQ, stating that it is complementary and collaborative with the Ethereum Foundation (EF), rather than in competition. ethlabs said it will focus on three major directions: chain, platform, and growth, with key areas including L1 scaling, blob scaling, cross-L2 interoperability, EVM roadmap, and institutional adoption. The organization also revealed that it has already secured funding commitments sufficient to support operations for 2-3 years, but has not yet disclosed the specific financing scale.

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SilverLiningOfPessimism
· 6h ago
The financing size was not disclosed, presumably still in negotiation or they don't want to reveal their hand too early.
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AMirroredSphereReflectingThe
· 6h ago
Cross-L2 interoperability really needs someone to push it forward. Each L2 is still a silo.
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PineLiquidityPool
· 6h ago
EVM roadmap + institutional adoption, this combination sounds like it's targeting the enterprise market?
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SeaSaltMintCandy
· 6h ago
2-3 years of funding is enough, the key is whether L1 scaling and blobs can be delivered on time.
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GateUser-cf218ace
· 6h ago
ethlabs' positioning is quite smart, not going head-to-head with EF, taking a complementary route.
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