Justin Drake: Vitalik to Join Ethereum Protocol Architecture Team, Block Rewards to Drop to 0.25 ETH

News Editor

2026-06-23 14:40:47

Ethereum Foundation researcher Justin Drake announces advisory role for a potential $100M public goods fund, a new architecture team including Vitalik Buterin, and an upcoming EIP that cuts block rewards to 0.25 ETH with a staking cap condition.

EthereumJustin DrakeVitalik Buterinblock rewardEIPpublic goods fund

Key Developments in Ethereum Protocol

Ethereum Foundation researcher Justin Drake has shared several important updates via social media. First, Drake has agreed to provide pro bono advisory for a potential $100 million Ethereum public goods fund, with details to be announced soon. Second, a five-member architecture team for the Strawmap roadmap draft has been formed, including Vitalik Buterin and Drake himself. Finally, an EIP aimed at reducing Ethereum block rewards is set to be released.

Under the proposed EIP, the Ethereum block reward would be reduced to 0.25 ETH. Additionally, when the total amount of staked ETH exceeds 50% of the total supply, block rewards would cease entirely. These moves signal ongoing refinements to Ethereum's economic model and governance structure.

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

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