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
Ethereum Whale Accumulation Ignites Rally Momentum, Is ETH About to Break Through $2400?
Due to continued accumulation by whales and tight market supply, Ethereum has formed support around $2100, with recent price rebounds to $2170, and is expected to potentially break through $2400 in the future. Network upgrades and quantum security technology enhancements boost investor confidence, with comprehensive bullish factors increasing.
GateNews17m ago
Ethereum Quantum Upgrade Roadmap Revealed: $260 Billion Network Sprint to 2029, Full Hard Fork Defense
The Ethereum Foundation released a quantum-safe roadmap, planning to introduce quantum-resistant mechanisms through a hard fork before 2029 to address the threat quantum computing poses to blockchain encryption. This upgrade includes optimizing public key support and enhancing layer 2 network security to ensure long-term security. The risk of quantum computing breaking existing encryption algorithms has already drawn attention from the Bitcoin ecosystem and institutions.
GateNews59m ago
ETH rebounds after touching $2,100, as on-chain whales accumulate a combined long position of $61.61 million intraday
According to Hyperinsight monitoring, on March 25th, ETH rebounded after touching $2,100, with bulls opening positions worth $61.61 million and bears opening positions worth $16.81 million. 10 whales opened long positions and 4 opened short positions. The largest long position was from whale 0x049, with 20x leverage and $20.07 million in amount. The largest liquidation pressure came from whale 0x965.
BlockBeatNews1h ago
Russian hackers behind a $9 million extortion attack, the U.S. court sentences to 81 months
Russian citizen Alexey Volkov was sentenced to 81 months in prison for assisting ransomware groups in attacks against U.S. businesses. As an "initial access broker," he infiltrated networks to obtain unauthorized access credentials and sold them to other criminals, resulting in losses exceeding $9 million. Recent research shows that while the number of ransomware attacks has increased, total ransom payments have declined, with attackers shifting focus toward higher-value targets.
MarketWhisper2h ago
