tldr; Zak Cole, an Ethereum core developer, announced the launch of the Ethereum Community Foundation (ECF) at the Ethereum Community Conference on July 2. The ECF aims to boost Ethereum’s ecosystem and drive its price to $10,000 by funding projects, enhancing infrastructure, and collaborating with institutions. Unlike the Ethereum Foundation, the ECF focuses on maximizing ETH value and minimizing token issuance. Cole emphasized that ETH’s price is crucial for network security and global transactions, positioning it as competitive with gold’s monetary role.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
seblt on
I hope we don’t get back to .. was it 324 ETH/USD ?
Chaos0328 on
And here I thought it was satire s/
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2.43k to 2.59k check.
Next stop, 10k. 🚀
tldr; Zak Cole, an Ethereum core developer, announced the launch of the Ethereum Community Foundation (ECF) at the Ethereum Community Conference on July 2. The ECF aims to boost Ethereum’s ecosystem and drive its price to $10,000 by funding projects, enhancing infrastructure, and collaborating with institutions. Unlike the Ethereum Foundation, the ECF focuses on maximizing ETH value and minimizing token issuance. Cole emphasized that ETH’s price is crucial for network security and global transactions, positioning it as competitive with gold’s monetary role.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I hope we don’t get back to .. was it 324 ETH/USD ?
And here I thought it was satire s/