86.9K @beincrypto Ethlabs just launched, and it feels like a meaningful step for Ethereum’s institutional story.
With @fundstrat's Tom Lee, BitMine, Joe Lubin, and a strong group of KOLs involved, this could be one of those early moves that looks small now
but matters a lot later.
Is this the kind of foundation $ETH needs for the next super-cycle?
0
0
850
6.9M @VitalikButerin 
11.4K @adietrichs I'm incredibly excited to share that we are launching Ethlabs.
The core belief: This is a unique moment for Ethereum. Adoption is here, the global economy is moving onchain.
We want to help Ethereum realize its potential and become the shared global settlement layer.
741
57
43.1K
6.9M @VitalikButerin 
71.4K @ethereumfndn 0/ Realizing Ethereum’s potential takes a coalition of organizations working together in pursuit of a shared vision; a number of such organizations have come together over the last year, meaningfully strengthening the resilience and capacity of the ecosystem, among them:
🧵
427
24
38.2K
Ethereum (ETH) is a decentralized platform that runs smart contracts, defined as applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk. The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.
