Ethereum: ‘Zero chance of a funding crisis happeni
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Ethereum: ‘Zero chance of a funding crisis happening for ETH,’ says Tom Lee
The latest FUD stemmed from a revelation by former Ethereum core protocol contributor Trent Van Epps that the network could face a funding crisis in the next three to nine months.
According to Van Epps, about $30M is needed annually to ensure Ethereum’s smooth running, including core protocol updates, primarily overseen by the Ethereum Foundation.
For him, this limited funding can’t address Ethereum’s complexity as the foundation cuts expenditure and talent.
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