ETHGlobal members: The Ethereum Foundation's internal spending accounts for approximately 38%, and external spending accounts for approximately 62%.
ETHGlobal member Josh Stark posted that since Ethereum Foundation spending has been a topic of conversation lately, here are some thoughts and answers to some of the big questions.
First, we are working on a new Ethereum Foundation report covering 2022 and 2023. We hope to release it before Devcon SEA. Here is a preview of the spending information in the upcoming report (exact numbers to be determined). These graphs record both internal and external spending.
For example, "L1 R & D" includes funding for external client teams as well as internal EF researchers. In both years, internal spending accounted for about 38% and external spending accounted for about 62%.
Internal expenses include EF teams such as:
- Geth;
Privacy and Extended Exploration (PSE)
-Solidity;
- Cryptography research;
- Robust Incentive Group;
- Devcon, etc.;
All of these teams work openly and share information about their activities on their websites, GitHub, and social channels.