Tom Lee Responds to "Ethereum Facing Funding Crisis" Concerns: Probability Zero, Funding Secured

BlockBeats News, June 20th - Ethereum's largest treasury, BitMine, Chairman Tom Lee responded to the "Former Ethereum Foundation contributor Trent Van Epps's statement that the Ethereum core development ecosystem may face a funding crisis in the next 3 to 9 months," saying, "In my opinion, the probability of ETH experiencing this 'crisis' is zero. The funding is already in place."

Previously reported, former Ethereum Foundation core development coordinator Trent Van Epps wrote that as the foundation continues to advance the "Subtraction" governance strategy, the treasury size gradually shrinks, and the 4-year Client Incentive Program (CIP) expired in April this year, the Ethereum core development ecosystem may face a slowly brewing funding crisis in the next 3 to 9 months.