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Ethereum Foundation to focus on decentralization and privacy, with Buterin holding 90% of his wealth in ETH.

Protocol Fundamentals
24 May 2026
Bitcoin
View Source
Bullish
pluang ai news

Ethereum co-founder Vitalik Buterin announced that the Ethereum Foundation will narrow its focus to core values like censorship resistance, privacy, and open infrastructure, moving away from broader business development. The foundation holds only 0.16% of all ETH, far less than other blockchain foundations, and plans to support only activities critical to Ethereum's decentralized function. Buterin also revealed that nearly 90% of his net worth is in ETH and called for AI-assisted formal verification to make Ethereum bug-free. This shift aims to ensure Ethereum's longevity and maintain its unique properties amid industry pressures.

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