Ethereum Foundation
A non-profit organization dedicated to supporting the development and ecosystem of the Ethereum blockchain without controlling it.
What is Ethereum Foundation?
The Ethereum Foundation (EF) is a Swiss-based non-profit founded in 2014 for Ethereum, the decentralized blockchain platform launched in 2015. It allocates resources to critical projects, funds research, and advocates for Ethereum’s long-term success, but does not control the network—development is driven by a global ecosystem of contributors.
Key initiatives include funding protocol upgrades like the Pectra hard fork (expected mid-2025), supporting client diversity to enhance decentralization, and backing tools like Geth (Go implementation) and Swarm (decentralized storage).
The EF has evolved into a learning organization adapting to Ethereum’s growth, with a focus on scalability, security, and inclusivity. Historically, the EF emerged from Ethereum’s early days, formalized after Vitalik Buterin’s 2013 whitepaper and a 2014 crowdsale raising funds in Bitcoin. It coordinated the 2015 mainnet launch and has since supported upgrades like the 2022 Merge to proof-of-stake.
The EF also funds ecosystem grants, such as those for privacy tools and Layer 2 solutions, and maintains neutrality by not favoring specific implementations.
Related Terms
Mark Price
The fair market price used for margin calculations and liquidations to prevent manipulation.
Funding Rate
A periodic fee exchanged between long and short traders to balance market positions.
Fed (Federal Reserve System)
The central banking system of the United States, established in 1913 to provide a safe, flexible, and stable monetary and financial system.
Gas Price
The amount of Ether (ETH) a user is willing to pay per unit of gas for a transaction on Ethereum.
BitPay
A digital asset payment processor enabling merchants to accept stablecoins like USDC and USDT, with stablecoins comprising nearly 40% of its 2025 payment volume.
Jupiter DEX
A liquidity aggregator decentralized exchange on Solana, optimizing token swaps across multiple protocols.