EF Researcher Justin Drake: Vitalik to Join Ethereum Protocol Architecture Team, Block Rewards to Further Decline

News Editor

2026-06-23 14:40:47

Ethereum Foundation researcher Justin Drake announces multiple developments: he will provide pro bono advisory for a $100M Ethereum public goods fund; Vitalik and four others join Strawmap roadmap architecture team; an EIP to reduce block rewards to 0.25 ETH, with rewards ceasing when staking exceeds 50% of supply.

Ethereumblock rewardEIPJustin DrakeVitalik Buterin

Ethereum Foundation researcher Justin Drake announced several key developments via social media. He has agreed to provide pro bono advisory services for a $100 million Ethereum public goods fund, with further details to be revealed soon.

Drake also disclosed that a five-person team, including Vitalik Buterin and himself, will join the architecture team for the Strawmap roadmap draft, contributing to the direction of Ethereum protocol development. Furthermore, a new Ethereum Improvement Proposal (EIP) is set to be released, aiming to reduce the block reward to 0.25 ETH. Under the proposal, once the total staked ETH exceeds 50% of the total supply, block rewards will cease entirely.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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