Anatoly Yakovenko stories

Nov 8, 2026

Vitalik Buterin says ETH should be valued as a store of value, not a fee-burning token

Ethereum co-founder Vitalik Buterin published a new framing for ETH's value proposition, arguing that the fee-burn narrative 'never was as strong as it seemed' and that maximizing fees would force Ethereum to operate like a major corporation.

Nov 8, 20263 sources

Sep 3, 2026

Solana fee vote fails despite majority support, revealing Anatoly Yakovenko's influence

Solana's Aug. 28 vote on fee reform proposal SGP-0003 failed despite receiving majority support from participating stake, exposing the extent of founder Anatoly Yakovenko's power over the network's governance.

Sep 3, 20261 source

Top claims

▪Network metrics reported on November 8, 2026, showed that EIP-1559 fee burns covered approximately 2.07% of new Ether issuance, leading to net supply growth
▪Vitalik Buterin stated on November 8, 2026, that optimizing Ethereum to capture fee burns would mandate interventionist governance, undermining the network's decentralization and capture resistance
▪Vitalik Buterin estimated on November 8, 2026, that funding Ethereum's $270 billion market capitalization through protocol fees would require 700,000 ETH annually, cutting validator revenues by two-thirds

Topics

Blockchain quantum resistance Ethereum Ethereum tokenomics Ethereum governance Store of value Cryptocurrencies Crypto regulation Solana SGP-0003 fee vote failure Solana Blockchain governance

Related entities

EIP-1559 X Ethereum Ether