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Ethereum Foundation Blog

Checkpoint #9: Apr 2026 | Ethereum Foundation Blog How L1 and L2s can build the strongest possible Ethereum | Ethereum Foundation Blog The Promise of Ethereum: Introducing the EF Mandate | Ethereum Foundation Blog This Is Fine (Until the Grant Runs Out) | Ethereum Foundation Blog Treasury Staking Initiative | Ethereum Foundation Blog The Ethereum Foundation's Commitment to DeFi | Ethereum Foundation Blog Protocol Priorities Update for 2026 | Ethereum Foundation Blog Announcing the Platform Team at EF | Ethereum Foundation Blog Ethereum Protocol Studies 2026 | Ethereum Foundation Blog Executive Leadership Update | Ethereum Foundation Blog An update from Tomasz | Ethereum Foundation Blog Introducing the EF Academic Secretariat 2026 PhD Fellowship | Ethereum Foundation Blog Trillion Dollar Security Day at Devconnect | Ethereum Foundation Blog Allocation Update - Q4 2025 | Ethereum Foundation Blog Checkpoint #8: Jan 2026 | Ethereum Foundation Blog Devcon 8 is coming to Mumbai, India in November 2026 | Ethereum Foundation Blog Hegota Upgrade EIP Proposal Timelines | Ethereum Foundation Blog Shipping an L1 zkEVM #2: The Security Foundations | Ethereum Foundation Blog The Future of Ethereum’s State | Ethereum Foundation Blog Devconnect Argentina Recap | Ethereum Foundation Blog Allocation Update - Q3 2025 | Ethereum Foundation Blog Making Ethereum Feel Like One Chain Again | Ethereum Foundation Blog Checkpoint #7: Nov 2025 | Ethereum Foundation Blog Fusaka Mainnet Announcement | Ethereum Foundation Blog 2 weeks to Devconnect: Everything you need to know | Ethereum Foundation Blog Unveiling ESP's New Grants Program | Ethereum Foundation Blog Fusaka Update – Transaction Gas Limit Cap arrives with EIP-7825 | Ethereum Foundation Blog Fusaka Update - Information for Blob users | Ethereum Foundation Blog Announcing the 2026 EF Internship | Ethereum Foundation Blog Supporting privacy with new funding mechanisms | Ethereum Foundation Blog The Ethereum Foundation’s Commitment to Privacy | Ethereum Foundation Blog Checkpoint #6: Oct 2025 | Ethereum Foundation Blog Privacy Cluster Leadership Announcement | Ethereum Foundation Blog Fusaka Testnet Announcement | Ethereum Foundation Blog Announcing the districts of the Ethereum World’s Fair | Ethereum Foundation Blog Fusaka $2,000,000 Audit Contest! | Ethereum Foundation Blog Holešky Testnet Shutdown Announcement | Ethereum Foundation Blog The Ecosystem Support Program's Next Chapter | Ethereum Foundation Blog Protocol Update 003 — Improve UX | Ethereum Foundation Blog Protocol Update 002 - Scale Blobs | Ethereum Foundation Blog Trillion Dollar Security - Phase 2 | Ethereum Foundation Blog Join Us: EF Protocol Reddit AMA - August 29th, 2025 | Ethereum Foundation Blog Protocol Update 001 – Scale L1 | Ethereum Foundation Blog lean Ethereum | Ethereum Foundation Blog Celebrating 10 Years of Ethereum | Ethereum Foundation Blog Checkpoint #5: July 2025 | Ethereum Foundation Blog Allocation Update - Q2 2025 | Ethereum Foundation Blog The Future of Ecosystem Development at the EF | Ethereum Foundation Blog Shipping an L1 zkEVM #1: Realtime Proving | Ethereum Foundation Blog Partial history expiry announcement | Ethereum Foundation Blog Checkpoint #4: Berlinterop | Ethereum Foundation Blog World Experience: Updates from the Next Billion Fellowship | Ethereum Foundation Blog Now accepting interns - Join the Ethereum Season of Internships | Ethereum Foundation Blog Tickets are live for the Ethereum World’s Fair! And we're launching the Supporter Program | Ethereum Foundation Blog Ethereum Foundation Treasury Policy | Ethereum Foundation Blog Checkpoint #3: June 2025 | Ethereum Foundation Blog Announcing the Devconnect ARG Scholars Program | Ethereum Foundation Blog Announcing Protocol | Ethereum Foundation Blog Nyota Interop Recap ✨ | Ethereum Foundation Blog Allocation Update - Q1 2024 | Ethereum Foundation Blog Announcing the Ethereum Protocol Fellowship Cohort 5 | Ethereum Foundation Blog Ethereum Protocol Fellowship Cohort 4 Recap | Ethereum Foundation Blog Sepolia Incident | Ethereum Foundation Blog Announcing the Devcon SEA venue! | Ethereum Foundation Blog Devconnect Scholars Program - Ethereum Stories from Istanbul and Beyond | Ethereum Foundation Blog Dencun Mainnet Announcement | Ethereum Foundation Blog ZK Grants Round | Ethereum Foundation Blog Eth2 at ETHWaterloo: Prizes for Eth2 education, tooling, and research | Ethereum Foundation Blog eth2 quick update no. 2 | Ethereum Foundation Blog Devcon4 Ticket Sales | Ethereum Foundation Blog Announcing Swarm Proof-of-Concept Release 3 | Ethereum Foundation Blog Devcon4 Announcement | Ethereum Foundation Blog Announcing May 2018 Cohort of EF Grants | Ethereum Foundation Blog Announcing World Trade Francs: The Official Ethereum Stablecoin | Ethereum Foundation Blog Announcing Beneficiaries of the Ethereum Foundation Grants | Ethereum Foundation Blog Geth 1.8 - Iceberg¹ | Ethereum Foundation Blog Farewell and Welcome | Ethereum Foundation Blog Security Alert - Solidity - Variables can be overwritten in storage | Ethereum Foundation Blog Uncle Rate and Transaction Fee Analysis | Ethereum Foundation Blog Announcement of imminent hard fork for EIP150 gas cost changes | Ethereum Foundation Blog Dev Update: Formal Methods | Ethereum Foundation Blog On Inflation, Transaction Fees and Cryptocurrency Monetary Policy | Ethereum Foundation Blog Onward from the Hard Fork | Ethereum Foundation Blog C++ DEV Update - July edition | Ethereum Foundation Blog The Devcon2 site is now live! | Ethereum Foundation Blog Security Alert - DoS Vulnerability in the Soft Fork | Ethereum Foundation Blog DAO Wars: Your voice on the soft-fork dilemma | Ethereum Foundation Blog Smart Contract Security | Ethereum Foundation Blog Security Alert – Geth suffers from a very low probable DoS attack vector - Update immediately | Ethereum Foundation Blog On Settlement Finality | Ethereum Foundation Blog Ethereum Foundation and Wanxiang Blockchain Labs announce a blockbuster event combining Devcon2 and the 2nd Global Blockchain Summit in Shanghai, September 19–24, 2016 | Ethereum Foundation Blog Ethereum Partners with R3CEV on Lizardcoin, Bringing Together the Best of Centralized Finance and Blockchain Technology | Ethereum Foundation Blog From Smart Contracts to Courts with not so Smart Judges | Ethereum Foundation Blog BTC Relay included in Ethereum Bounty Program | Ethereum Foundation Blog Ethereum DEV Update: C++ Roadmap | Ethereum Foundation Blog Cut and try: building a dream | Ethereum Foundation Blog Ambients Applied to Ethereum | Ethereum Foundation Blog Mihai’s Ethereum Project Update. The First Year. | Ethereum Foundation Blog Getting to the Frontier | Ethereum Foundation Blog The Ethereum Development Process | Ethereum Foundation Blog
crypto renaissance | Ethereum Foundation Blog
2014-09-02 · via Ethereum Foundation Blog

“The best way to predict the future is to invent it.” Alan Kay

January 3rd 2009 marked the beginning of a new era. The invention of the blockchain is a milestone in technology -- the string of characters 36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2 being just one of the side effects triggered by it. Thanks to you and this technology, more than thirty one thousand bitcoins will go towards spawning an entire new digital realm. The unfettered peer to peer world wide digital finance grid is building itself out. You make this possible.

More than 5000 years ago, the earliest economic systems were introduced in Mesopotamia, setting the foundations of modern society. As a word, Mesopotamia, originates from ancient Greek and stands for "[land] between the rivers". As a civilization, one of their greatest achievements was the introduction of the so called cuneiform script. This marked the beginning of the information revolution within human society.

Unlike Ethereum code, this invention consisted in wedge-shaped marks on clay tablets, made with a blunt reed. As rudimentary as this might sound today, this invention gave birth to concepts and solutions previously unheard of in a variety of areas such as accounting and legal contracts. The introduction of this new method for storing and distributing information and wealth made Mesopotamia one of the largest and most thriving civilizations of its era.

The unintended side-effects of this invention have led to our current information age society. Before arriving to our modern information systems, our civilization went through three major recent information revolutions:

  • Printing press
  • Telecoms
  • Internet
Traces of these information revolutions can be seen everywhere from health to manufacturing sectors, all pointing towards a decentralized, interconnected future.

Now, the crypto information revolution is underway. The centralized economy paradigm society created thousands of years ago was a successful social experiment that has ultimately led humanity here, but now we have reached a point where we can cross the river. The currently available technologies provide us a new advanced toolkit designed for distributing and storing both information and wealth… at light speed.

This is crypto renaissance in full swing.

the (collaborative) information age

“If you look at history, innovation doesn't come just from giving people incentives; it comes from creating environments where their ideas can connect.” Steven Johnson

Around the 14th century, the second huge information revolution was brewing thanks to Johannes Gutenberg’s invention of  the printing press. Unlike its predecessors, this invention included moveable type faces enabling efficient and affordable printing production. By opening information dissemination on a larger scale and breadth than ever before, this invention fostered a new culture which created new opportunities for intellectual and societal growth.

It appears that each time a new information technology becomes available, a number of patterns start to emerge. As a thought experiment, if we would overlap today’s technological renaissance with the 14th-17th century renaissance we would observe the following:

  • Introduced a new method for storing and distributing information in society
  • Period marked by important technical achievements allowing a faster propagation of ideas
  • Ignited experimentation and an intellectual revitalization
  • Triggered paradigm shifts deepening our understanding of the world, ourselves and the universe
  • Resulted in social, political and economic transformations
If we draw the parallels we can see how information technologies enable positive growth within society since Mesopotamian ages. It furthers progress in most fields by creating accessible mediums of information and that lead to a participatory culture with lesser or without social limitations.

table_3

In the 20th and 21st century, humanity as a whole accelerated immensely. The first big step towards creating a new medium for information that propelled our society into the information age was the invention of the microchip. This technology made general computing possible. Later on, the Internet emerged as a global system of interconnected computer networks that use a standard protocol suite (TCP/IP) to link billions of devices worldwide.

Today, the Internet is an international mesh network connecting more than two billion people allowing the free* flow of information, wealth and services to be exchanged without boundaries. This has set the stage for an explosion of interesting new concepts to materialize.

The ripples caused by this information revolution can be felt throughout the fabric of our society as storms of bits eroding the pillars of a centralized paradigm. The Internet is one of the most powerful social experiments ever invented.

From a collaborative perspective, the Internet and technology in general became a creation catalyst, exponentially increasing our collaborative potential. Furthermore, the cost of coordination and collaboration was reduced drastically by making all participants with Internet access universally available and connected.

This allowed us as humans to transcend time and space limitations -- keystroke by keystroke.

emerging patterns: free culture and open movements

Twitter Network Vizualized Twitter Network Vizualized

“In real open source, you have the right to control your own destiny.” Linus Torvalds

Started around the 1970s, the earliest form of free software cultural movement has been ignited by Richard Stallman and his peers through their work tackling access and dissemination of information in this new technological realm.

As digital freedom culture ideals spread across this new information grid the number of free software initiatives grew and evolved in different ways from encryption algorithms to operating systems to blockchain technologies.

Many established scholars of innovation did not anticipate the emergence of a distributed and open model for innovation that can aggressively compete with traditionally closed and proprietary models. Looking back, who could have expected that swarms of online individuals acting without monetary incentive would build through distributed ad-hoc processes the largest encyclopedic body of knowledge in human history, or one of Microsoft’s most aggressive competitors?

In this line of thinking, open source can be seen as a pattern of collaboration in itself, being part of a bigger pattern: open collaboration. According to Wikipedia, open collaboration is described as "any system of innovation or production that relies on goal-oriented yet loosely coordinated participants, who interact to create a product (or service) of economic value, which they make available to contributors and non-contributors alike".

Open collaboration appears as a pattern in many areas of our lives and represents one of the underlying principles behind many great achievements on the Internet.

Wikipedia and Linux are perfect examples of open cultures of knowledge advancing, edit by edit. Their existence stands as a monument depicting the collaborative power of loosely associated groups, challenging  and transcending centralized architectures.

Open source continues to fascinate many economists, sociologists, scientists and many others thanks to its collaborative ability to defy economic dogmas based on top-down closed-control principles. These communities thrive thanks to decentralized problem solving, self-selected participation and self organization resulting in open collaboration. The emergence of these organizational models and sheer numbers of participants, in the hundreds of thousands, raised the question of motivation: “Why do these people work and participate for 'free'?”

The common view of purely self-interested participants, is clearly not the answer when many participate with no promise of a direct financial reward for their efforts. If writing code, designing decentralized software architectures, and solving tough cryptographic problems are construed by outsiders to be unremunerated blood, sweat, and tears, the contributors themselves are more likely to insist that the work is a source of significant satisfaction that derives from the pure joy of engagement in the work, or with the group or community, or both.

The answer seems to lie in a more expansive view of ourselves as human beings that acknowledges, as well as the role of economic motivations, notions of enjoyment and having fun together with identity and the social benefits of community. Challenge, enjoyment, and creativity are hallmarks of participation in this paradigm.

Through their work and actions these open source communities,  reveal macro homo reciprocan patterns. These patterns are valuable because they can offer insights into why things work this way or more precisely in this case “how do we work this way and what can we learn from it”.

When you start considering the possibility that our species might actually be a collaborative rather than competitive one you're faced with a number of beliefs deeply encroached in our current society and world view.

The current world wide accepted assumption is that our race appears to be composed of selfish individuals homo economicus, however this theory is challenged by billions of lines of running code and millions of individuals working together for free.

ethereum project as a distributed innovation network

universe-backgrounds-91

“If you really want to innovate, it seems that decentralization generates experimentation. You want to discover what works and what doesn’t.” Nicholas Bloom

Open source communities represent the most radical edge of openness and sharing observed to date in complex technology development. The ethos of sharing and modification extends beyond code to the actual technology development process in the sense that community members engage in joint problem solving via open sharing of ideas and ongoing interaction. We can witness this behavior in our etherean community as well, with people swarming around common interests and values.

Adopting a monolith organizational structure was clearly not an optimal solution for this project as classic centralized organizations usually move and adapt, if they do, at glacier speed compared to these agile swarms of individuals.

This is how our pursuit for a decentralized organizational structure, which creates favorable conditions for innovation and experimentation began. The core ideas behind distributed innovation appeared to fit best our needs.

Distributed innovation systems are designed from the ground up to lower the cost of participation for contributors. Why is that important? Firstly, because nurturing growth at the edges was always an important thought for us. And secondly, by reducing or eliminating barriers to entry you expand the population that can self-select into the community.

ethereum-foundation_v2

The above diagram depicts the structure of the project in the context of multiple autonomous entities collaborating on different initiatives. In the collaboration process experimentation and co-experimentation are encouraged, hopefully sparking a wave of technologies and innovations that can be generally described as world positive.

This creates a novel ecosystem for knowledge creation and presents both challenges and opportunities. On the upside it is compatible with the DAO framework that we're seeking to implement in the near future. On the downside it's an experiment in itself might not go too well. In a true open source fashion,  feedback, suggestions and improvements are welcome.

To summarize, many industries and institutions that are deeply entrenched within our society will most likely undergo significant changes in the coming years. Most probably we will also undergo significant changes but if anything, when we look at the  the bigger picture, it appears that man's capacity for self-transformation is the only constant in our history.

almost nothing has been invented yet

[caption id="attachment_929" align="aligncenter" width="2000"]Thomas Kuhn used the duck-rabbit optical illusion to demonstrate the way in which a paradigm shift could cause one to see the same information in an entirely different way. Thomas Kuhn used the duck-rabbit optical illusion to demonstrate the way in which a paradigm
shift could cause one to see the same information in an entirely different way.[/caption]

Man on the Train: Hey, are you a dreamer?

The Dreamer: Yeah.

Man on the Train: Haven't seen too many of you around lately. Things have been tough lately for dreamers. They say dreaming is dead, no one does it anymore. It's not dead it's just that it's been forgotten, removed from our language. Nobody teaches it so nobody knows it exists. And the dreamer is banished to obscurity. Well, I'm trying to change all that, and I hope you are too. By dreaming, every day. Dreaming with our hands and dreaming with our minds. Our planet is facing the greatest problems it's ever faced, ever. So whatever you do, don't be bored. This is absolutely the most exciting time we could have possibly hoped to be alive. And things are just starting.

-- Waking Life

“Everything that can be invented has been invented” is a quote attributed to former U.S. Patent Office Director, Charles H. Duell. Supposedly this was said during the 18 century when the traditional road to innovation was paved in secrecy and emphasized the accumulation of patents and intellectual property.

Today, thanks to countless open innovations we appear to be (very) far from having invented everything. We are only scratching the surface - the more we invent, the more others can expand upon those ideas. We are standing on the shoulders of taller and taller giants accelerating in their growth.

At the same time, during this period of rapid acceleration it is starting to become much clearer that if we are to survive as a species we need to learn to work together. The divide and conquer era is approaching its end. The united and empowered era is shining its light through millions of open minds co-architecting the next societal operating system.

We learned from the first renaissance that technology enables a positive growth within society, through accessible mediums of information encouraging a participatory culture devoid of social limitations. The Internet gave humanity a worldwide renaissance coffee shop where people with very different skills and areas of knowledge can bump into each other and exchange ideas.

Blockchain technologies offer us now a new medium for information storage and distribution. A fractal of opportunities is opening in front of our minds. The technology, knowledge and world-wide community support required to transcend century old paradigms moving closer towards a free, open and non-proprietary world are now within reach.

This is definitely the most exciting time we could have hoped to be alive.

And things are just starting.