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Ethlabs releases first-week FAQ, clarifying three strategic directions.

MeNews
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ME News, June 29 (UTC+8), the non-profit organization Ethlabs published an FAQ within its first week of establishment, stating that its goal is to promote Ethereum as the core of global financial infrastructure. The current work focuses on three major directions: chain-level scaling (including L1 execution scaling, Blob scaling, and faster confirmation), platform building (cross-chain interoperability, block construction, and EVM standardization), and ecosystem growth and market promotion. The team consists of 5 former core research members of the Ethereum Foundation, working in complementary collaboration with the Ethereum Foundation but operating as an independent non-profit organization to ensure neutrality and long-term public interest orientation. The organization believes that the success of ETH and Ethereum is highly correlated, and as DeFi, asset issuance, and institutional adoption grow, ETH's value capture capability will continue to strengthen. Ethlabs has not yet disclosed the specific financing amount but stated that it has received sufficient funding to support operations for the next 2 to 3 years, and the community financing round remains open. (Source: PANews)
ETH3.04%
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