Tag: EF

Ethereum Foundation Cuts 20% of Staff in Major Restructuring Push

Key highlights: The Ethereum Foundation has laid off approximately 20% of its employees as part of a major organizational restructuring The nonprofit says the changes are designed to improve efficiency and increase focus on Ethereum’s core development priorities The move comes as Ethereum faces growing competition from Solana and other smart-contract platforms despite renewed institutional […]

Ethereum Whales Back Launch of Ethlabs to Boost Institutional ETH Adoption

Key highlights: Ethlabs launches to advance Ethereum’s long-term development. Bitmine and Sharplink are backing the new research hub formed by ex-Ethereum Foundation researchers. The research hub will prepare Ethereum for a surge in institutional adoption. A coalition of ex-Ethereum Foundation researchers has formed a new research lab to bolster the Ethereum network for institutional adoption. […]

Ethereum Foundation Maps Path To zkEVM Proofs On Mainnet L1

By Jake Simmons The Ethereum Foundation has published a step-by-step plan to let Ethereum’s main chain validate blocks using zkEVM proofs, reducing the need for validators to re-run every computation themselves. The proposal, shared via X on Jan. 15 by Tomasz K. Stańczak, Co-Executive Director at the Ethereum Foundation, lays out the engineering work needed […]