Vitalik Buterin: My ETH holdings have increased, and Ethereum has never been shut down due to DoS attacks and consensus failures since 2016
Vitalik Buterin, the co-founder of Ethereum, wrote on X platform that his holdings of ETH have increased. Now, Ethereum will not lose 5 million ETH per year in proof-of-work, and transaction fees are very low, with transactions being completed within 30 seconds instead of 1-30 minutes (implemented through EIP-1550). Since 2016, Ethereum has never stopped due to DoS attacks and consensus failures. Various security measures (internal development and funding) have prevented many fund losses, and various codes for users to use, including wallets, DeFi applications, etc., are provided in the relevant libraries.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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