Vitalik Joins Strawmap Architecture Team as New EIP Targets Reduced ETH Block Rewards
2026-06-23 22:40

Woofun AI reports that Justin Drake, a researcher at the Ethereum Foundation, disclosed significant updates regarding network development and monetary policy. Drake agreed to provide pro-bono consultation for a potential $100 million public product fund for ETH, signaling institutional support for ecosystem growth.

Concurrently, a core team comprising five individuals, including Vitalik and Drake, will draft the architecture for the Strawmap roadmap. This structural initiative coincides with an upcoming EIP designed to gradually reduce ETH block rewards to 0.25. Under this proposal, block rewards will cease distribution entirely once the amount of ETH held in collateral surpasses 50% of the total supply.

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ETH
Justin Drake
Vitalik
Strawmap
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