Today, we are diving straight into the heart of a blockchain undergoing what can only be described as a corporate mid-life crisis and an institutional glow-up all at the same time: This is none-other than Ethereum.
Lately, Ethereum feels less like a quiet open-source project and more like a high-stakes corporate drama. The Ethereum Foundation just pulled off a massive ‘subtraction’ play, slicing its budget by 40% and its headcount by 20%, parting ways with its co-executive directors and closing their major labs. But just as the Foundation shrank its footprint, a powerhouse spin-off called EthLabs burst onto the scene, armed with heavy-hitting VC backing, Wall Street treasury companies, and a mission to turn Ethereum into the ultimate global settlement layer.
To help us make sense of how these pieces fit together—and how we transition from decentralized hobbyists to institutional titans—Kevin is here to help us understand how EthGAS, is literally rebuilding how we trade and commit to Ethereum blockspace.
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