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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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Vitalik Buterin: My ETH holdings have increased, and Ethereum has never been shut down since 2016 due to DoS attacks and consensus failures.
Golden Finance reported that Vitalik Buterin, co-founder of Ethereum, stated on X platform that his holdings of ETH have increased. Now Ethereum will not lose 5 million ETH per year on Proof of Work, and network fees are low. Transactions can be 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 work (internal development and funding) has prevented many fund losses, and various codes that users can use, including Wallet, Decentralized Finance applications, are also provided in the relevant library.