Foresight News|Jun 29, 2026 10:17
Ethlabs: Funds can support 2-3 years of operation, and it has a complementary partnership with the Ethereum Foundation
Foresight News reported that Ethlabs, an independent non-profit research and development organization supported by treasury companies such as BitMine, has responded to common questions since its establishment a week ago. In terms of funding, Ethlabs stated that they have not yet disclosed the specific fundraising amount, but the funding commitments they have obtained can support the team's operation for 2-3 years (including talent recruitment), and emphasized that they will continue to raise funds in the future, not a one-time fundraising; The community round is still open, and the team plans to close the funding round after announcing a new group of supporters. The donation address has been updated from eth-labs-eth to ethlabs.eth (both can be used). \In terms of work direction, Ethlabs stated that specific milestones and roadmaps are still being determined, but shared the three major areas currently under consideration. Chain: Core protocol work, including L1 execution layer expansion, blob expansion, and shortening the final confirmation and transaction inclusion time; Platform: the intermediate layer between protocols and developers, including cross chain interoperability, blockchain construction market, and EVM roadmap; Growth: Promote the implementation of technologies such as Fast Confirmation Rule on mainstream L2 and centralized exchanges. This rule can shorten the deposit time of Ethereum to L2/exchanges to a few seconds, but requires all parties to connect one by one. \Regarding its relationship with the Ethereum Foundation, Ethlabs describes it as a complementary partnership and emphasizes that Ethereum does not belong to any single institution, EF、 Client team, core developers L2、 Wallets and other essential components are indispensable, and Ethlabs is an 'additional supplement' to Ethereum. Regarding the reason for choosing a non-profit form, the team stated that the funders are the main ETH holders and Ethereum builders, and will not gain direction control or roadmap influence through their contributions. The team also believes that the mechanism of "continuing fundraising in the future" can itself form an accountability constraint for itself.
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