🚀#EthereumUpdate: Vitalik & Josh Stark just shared the details of the Ethereum Foundation's 2023 spending!

🔹 36.5% for "new institutions" - new organizations supporting the Ethereum ecosystem

🔹 24.9% for Layer-1 (L1) research & development

🔹 12.7% for community development

🔹 10.4% for zero-knowledge work

🔹 The rest for internal operations, Layer-2 research, and development platforms

💬 Kain Warwick criticizes Vitalik & Ethereum Foundation for being "anti-DeFi". Vitalik responds: focus on sustainable projects, not short-term schemes.

🇦🇷 Ethereum Foundation & ETH Kipu host blockchain workshops for students in Buenos Aires, Argentina. Also plans for internships and online Solidity courses!

👉 What do you think about these expenses? Comment!#Crypto#Blockchain #DeFi