The Ethereum Foundation (EF) will implement a significant budget reduction of approximately 40% for 2026, as announced by Vitalik Buterin. This move is part of a broader strategy to decrease the foundation's annual spending ratio from around 15% to 5% by 2030, transitioning towards a long-term endowment fund model. Key changes include the dissolution of the Privacy and Scaling Explorations (PSE) team, with a refocus on developing high-priority technologies.
Additionally, the foundation will shift its multi-client model from redundancy-based security to a specialized division of labor, incorporating AI-assisted formal verification. The scale of Devcon will be gradually reduced, and EF's involvement in large-scale projects outside Ethereum will diminish, with such initiatives to be funded personally by Vitalik Buterin. Once the Ethereum "Strawmap" is completed, EF will prioritize security fixes and small, high-value modifications, adopting a more minimalist approach akin to Bitcoin.
Ethereum Foundation Announces 40% Budget Cut and Strategic Restructuring
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