Ethereum Co-Founder: More Funding Will Propel Organization to Help Ethereum Become Global Settlement Layer

BlockBeats News, June 22nd, Ethereum co-founder Joseph Lubin posted on social media, stating that it would be a wonderful thing if the world could have a truly trustless and neutral global coordination and digital asset settlement platform. It is Ethereum's platform's achievement of large-scale, robust decentralization that has made this vision possible.

In the near future, more trustworthy and well-funded organizations will join forces with the Ethereum Foundation to advance this mission. These organizations will focus on promoting the development of the entire Ethereum ecosystem and driving forward areas of interest for many financial institutions adopting Ethereum technology, including: the Ethereum Mainnet, Layer 2 networks (L2), and Private Ethereum networks.

In the future, these three pillars will be able to achieve near real-time interoperability and composability, with ETH freely flowing within this expanded Ethereum ecosystem.