Vitalik Buterin Allocates 16,384 ETH, About $45M, To Privacy And Open Technology Projects

Vitalik Buterin has reportedly moved 16,384 ETH from his personal holdings, valued at around $45 million, to support privacy-focused and open technology initiatives. The funds are earmarked for areas such as open silicon, secure hardware, private messaging, local-first operating systems, and tools combining zero-knowledge proofs with other privacy techniques, while the Ethereum Foundation enters a five-year period of mild austerity.