Deep Tide TechFlow news, June 29 — Ethereum non-profit research and development organization Ethlabs released an FAQ stating that current funding commitments can support the team's operations for the next 2 to 3 years, and it will continue to advance subsequent fundraising, with the community round still open.

In terms of work priorities, Ethlabs revealed that it is advancing plans around three major directions, including Ethereum mainnet scaling and confirmation efficiency optimization, building middleware between protocols and developers, and promoting the application of fast confirmation rules in mainstream Layer 2 networks and centralized trading platforms.

Regarding its relationship with the Ethereum Foundation, Ethlabs emphasized that the two sides are complementary collaborators and stated that its positioning is to provide additional R&D support for the Ethereum ecosystem.