Vitalik Buterin: Personal ETH holdings have increased, and Ethereum has never been shut down due to DoS attacks and consensus failures since 2016

PANews reported on October 26 that Ethereum co-founder Vitalik Buterin said on the X platform that the amount of ETH he holds has increased. Now Ethereum will not lose 5 million ETH every year on proof of work, and the network fees are very low. Transactions can be completed within 30 seconds instead of 1-30 minutes (achieved through EIP-1550).

Since 2016, Ethereum has never been shut down due to DoS attacks and consensus failures. Various security efforts (internal development and grants) have prevented a lot of financial losses. The relevant libraries also provide various codes used by users, including wallets, DeFi applications, etc.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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