The Ethereum Foundation, the non-profit organization promoting the development of the Ethereum (ETH) network, has earmarked $30 million worth of ETH to boost development. With multiple improvements in the pipeline, the Foundation will become more active in governance and guiding the code’s development.
“Over the next year, the Ethereum Foundation plans to spend $30 million USD on key projects across the ecosystem. This budget is insulated against downward ETH price movement,” the Foundation stated in a blog post.
Vitalik Buterin, co-founder of Ethereum, also stated that the 2019 plan does not mean code will be created, as ...