Vitalik Buterin is allocating 16,384 ETH (about 45 million USD) of his personal funds to support privacy‑preserving technologies, open‑source infrastructure, and secure hardware/software systems. The initiative is separate from the Ethereum Foundation and is meant to give the ecosystem more flexibility and long‑term resilience.
Purpose of the Investment
- Vitalik Buterin announced on X that he will personally fund projects focused on privacy, open‑source development, and secure digital infrastructure.
- He emphasizes that this private funding allows the Ethereum Foundation to operate with more budget discipline while still pursuing an ambitious roadmap.
- The goal is to build a fully open, verifiable, and secure software‑hardware stack that protects both private and public digital life.
What the Funds Will Support
- Technologies enhancing user privacy, encrypted communication, and local‑first data control.
- Open hardware (“open silicon”) and secure components that can serve as the foundation for trustworthy systems.
- Tools that strengthen digital sovereignty and complement Ethereum’s decentralized ecosystem.
- No detailed list of specific projects or timelines was provided.
How the Funds Will Be Managed
- The 16,384 ETH will be distributed gradually over several years, depending on project needs and progress.
- The pool may be supplemented through decentralized staking strategies, generating additional rewards for long‑term funding.
- This approach reduces pressure on the Ethereum Foundation to sell ETH for operational costs.
Relation to ETH Price Movements
- The announcement coincided with a ~30% decline in ETH’s price over three months, but Buterin states the decision is strategic, not reactive to market fluctuations.
- His focus is on long‑term priorities for the Ethereum ecosystem rather than short‑term price changes.
(sources: comparic.pl, bithub.pl, generallink.top)
So dear "influencers" (or whatever you call yourself): STOP TALKING BS AND SPREADING FALSE INFORMATIONS AND FEAR!