'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)
CoinPost
Written by K.Kobayashi
SHARE
  • sns-x-icon
  • sns-facebook-icon
  • sns-line-icon
'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...

SHARE
  • sns-x-icon
  • sns-facebook-icon
  • sns-line-icon
Side Banner
Side Banner
MAGAZINE
Iolite Vol.19

Iolite Vol.19

May 2026 issueReleased on 2026/03/30

Interview Iolite FACE vol.19 Yuichiro Tamaki, Leader of the Democratic Party for the People PHOTO & INTERVIEW by Hasen Kuniyama Special Features: “Web3.0 The Impact Award 2026” “Global Money Loses Its Master” “The Current State of Robotics Technology” [Dialogue Series] The NISHI Talk: Crypto Conversations “The Changing Crypto Landscape, and the Unchanging Strategies of Traders” Kasou NISHI × European] Series: Tech and Future by Toshinao Sasaki, and more

MAGAZINE

Iolite Vol.19

May 2026 issueReleased on 2026/03/30
Interview Iolite FACE vol.19 Yuichiro Tamaki, Leader of the Democratic Party for the People PHOTO & INTERVIEW by Hasen Kuniyama Special Features: “Web3.0 The Impact Award 2026” “Global Money Loses Its Master” “The Current State of Robotics Technology” [Dialogue Series] The NISHI Talk: Crypto Conversations “The Changing Crypto Landscape, and the Unchanging Strategies of Traders” Kasou NISHI × European] Series: Tech and Future by Toshinao Sasaki, and more