The Ethereum Foundation has initiated staking a portion of its treasury funds, aligning with its previously announced treasury policy. Today, the foundation deposited 2,016 ETH and plans to stake approximately 70,000 ETH in total. All staking rewards will be returned to the foundation's treasury. The staking process utilizes open-source software Dirk and Vouch, developed by Attestant. Dirk functions as a distributed signer, supporting operations across multiple jurisdictions without a single point of failure, while Vouch supports multi-client pairing to mitigate client diversity risks. The foundation employs a limited number of clients, combining custodial infrastructure with self-managed hardware, deployed across various jurisdictions. This move aims to enhance Ethereum network security and provide financial support for protocol development, ecosystem growth, and community funding initiatives.
Ethereum Foundation Begins Staking Treasury Funds with 70,000 ETH Target
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