Buterin called for implementing incentives for layer 2 networks to allocate a portion of their fees to ETH using mechanisms like burning fees and staking.

Also: New grants for DePIN; DAO governance merger

Vitalik Butern’s proposal for an Ethereum Foundation restructuring has unveiled deep rifts within the network’s community.

Buterin labeled inflammatory X posts about the head of the Ethereum Foundation as “pure evil.”

Pectra is a “hard fork” of Ethereum encompassing an array of wallet, staking, and efficiency improvements.

The new platform, called the “Ethereum time machine,” extends Ethereum’s programming capabilities by allowing smart contracts to execute transactions based on uncertain or not-guaranteed future events.

The Beam Chain groups a number of big-ticket upgrades, including zero-knowledge support and fast finality, into a single Ethereum upgrade.

“Namechain” will use a zero-knowledge rollup for scaling and is likely to go live around the end of 2025.

The foundation has spent roughly $240 million since March 2022, and holds most of its treasury in ether, which has slid roughly 22% since the last financial report.

Eclipse raised more than $50 million from investors but has been marred by controversy over the past year.