According to ChainCatcher news and DL News reports, Ethereum founder Vitalik Buterin warned at the Devconnect conference in Buenos Aires that if institutions like BlackRock continue to accumulate ETH, Ethereum will face two major existential threats.
Currently, nine companies on Wall Street hold over 18 billion USD in ETH, and analysts predict that institutional holdings may exceed 10% of the total supply of Ethereum. Vitalik pointed out two major risks:
Threat 1: Driving away core developers and having institutions take control will alienate the true builders who care about decentralization, and the core community may be lost.
Threat 2: Incorrect technology choices, institutional pressure may drive inappropriate technical decisions, such as a 150-millisecond block time which benefits high-frequency trading but prevents ordinary users from running nodes, leading to geographical centralization.
Vitalik emphasizes the solution: focusing on the characteristics of globalization, permissionless, and censorship-resistant protocols, maintaining a strong core community, and upholding the values that differentiate Ethereum from traditional finance.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin ETFs See Daily Outflow While Ethereum and Solana ETFs Post Gains on April 17
Gate News message, according to the April 17 update, Bitcoin ETFs recorded a 1-day net outflow of 142 BTC ($10.98M) and a 7-day net inflow of 7,093 BTC ($550.09M). Ethereum ETFs showed a 1-day net inflow of 22,357 ETH ($54.55M) and a 7-day net inflow of 89,684 ETH ($218.83M). Solana ETFs posted a 1-
GateNews5h ago
ETH breaks through 2450 USDT
Gate News bot message, Gate market data shows, ETH breaks through 2450 USDT, current price 2450.15 USDT.
CryptoRadar7h ago
Schwab Wealth Management Announces Details of Its Spot Cryptocurrency Trading Service
Schwab Wealth Management has launched a spot cryptocurrency trading platform named Schwab Crypto, where retail customers can directly trade Bitcoin and Ether. The platform will offer investment, research, and wealth management services, and will partner with Paxos to help ensure asset security. In addition, Schwab Wealth Management charges a 75-basis-point fee per trade, and will gradually increase the number of supported cryptocurrencies in the future.
ChainNewsAbmedia7h ago
Smart Trader pension-usdt.eth Faces $15.5M Loss on BTC and ETH Short Positions Amid Market Rally
Gate News message, smart trader pension-usdt.eth is currently experiencing losses exceeding $15.5 million on short positions of 1,000 BTC (valued at $77.5 million) and 20,000 ETH (valued at $48.7 million) due to the market rally. The trader's total profit has decreased from $33.28 million to $14.98
GateNews7h ago
