TechFlow News: On June 23, Vitalik Buterin (@VitalikButerin) announced that the Ethereum Foundation’s (EF) 2026 budget will be reduced by approximately 40%, aiming to gradually lower its annual expenditure ratio from roughly 15% to about 5% post-2030—transitioning toward a long-term endowment fund model. This adjustment entails several major changes: the Privacy and Scaling Explorations (PSE) team is officially disbanded, with efforts redirected toward building concrete, well-established high-priority technologies;
the multi-client model shifts from redundancy-based security to specialized division of labor, incorporating AI-assisted formal verification; Devcon’s scale will be progressively scaled back; and EF’s involvement in large-scale projects outside Ethereum will also decrease, with related work funded personally by Vitalik. Vitalik stated that once the Ethereum “Strawmap” is completed, focus will shift primarily to security fixes and small, high-value modifications, while introducing higher thresholds for new features—aligning more closely with Bitcoin’s minimalist approach.
