Vitalik: My ETH holdings have increased, and Ethereum has never gone down due to DoS attacks or consensus failures since 2016

2024-10-26 11:42:23
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ChainCatcher news, Ethereum co-founder Vitalik posted on the X platform that the amount of ETH he holds has increased. Now Ethereum does not lose 5 million ETH annually on proof of work, and the network fees are very low, with transactions completed in 30 seconds instead of 1-30 minutes (achieved through EIP-1550).

Since 2016, Ethereum has never gone down due to DoS attacks or consensus failures. Various security efforts (internal development and grants) have prevented many fund losses, and the related libraries also provide various codes for users, including wallets, DeFi applications, etc.

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