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Ethereum Co-Founder Urges Store of Value Narrative

Ethereum co-founder Vitalik Buterin argued that ETH should focus on becoming a store of value rather than optimizing for fee burning. He said a fee-burning strategy would push Ethereum to act more like a company, at odds with the decentralization and openness he sees as its strengths. He still described EIP-1559, which introduced fee burning, as a positive change.

Buterin said the store-of-value case depends on those properties and could strengthen as adoption grows, including through real-world assets issued on Ethereum. His argument was a proposed direction for ETH, not an announced change to the network.

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