Summary

  • Vitalik Buterin said Ethereum should focus on ETH as a store of value rather than on fee burns.

  • He believes that justifying ETH's valuation through the burn mechanism would cut validator revenue by two-thirds.

  • Buterin cited decentralization and CROPS as sources of ETH's stability.

Read the original article Vitalik Buterin Says ETH Fee Burns Won't Drive Ethereum's Value by Phil Haunhorst on id.beincrypto.com