'Ethereum's Success Requires a New Organization with $1 Billion in Funding,' Former Researcher Proposes

2026/05/22 12:31 (Updated 2026/05/22 15:01)
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Written by K.Kobayashi
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'Ethereum's Success Requires a New Organization with $1 Billion in Funding,' Former Researcher Proposes

Proposal for Ethereum

Proposal for Ethereum

Dankrad Feist, a former researcher for the cryptocurrency Ethereum (ETH), proposed a method to 'save Ethereum' on platform X on the 21st.

If we want to make Ethereum successful again, it is essential to establish a new organization with a reliable source of funding, which initially needs to raise at least $1 billion (approximately 159 billion yen). Recently, there has been a significant amount of dissatisfaction expressed on social media towards the Ethereum Foundation and Ethereum itself...

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Iolite Vol.20

Iolite Vol.20

July 2026 issueReleased on 2026/05/29

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MAGAZINE

Iolite Vol.20

July 2026 issueReleased on 2026/05/29
Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.