Breakdown of $ETH Total Supply

Ethereum's total supply has been distributed through various channels, each playing a crucial role in its ecosystem:

- The Initial Coin Offering (ICO) at genesis distributed 48.21% of the total supply, laying the foundation for @ethereum's growth.

- Proof-of-Work (PoW) mining contributed to 40.47% of the total supply, driving Ethereum's early security and decentralization.

- The Ethereum Foundation and early project contributors received 9.65% at genesis, supporting initial development and innovation.

- Proof-of-Stake (PoS) validating now holds 1.67%, reflecting the ongoing transition to a more energy-efficient consensus mechanism.

The Ethereum Foundation, started by founders like Vitalik Buterin, received a big share at the beginning but now holds less than 0.3% of all ETH. The Foundation is still crucial for Ethereum's growth, backing research, leading protocol updates, and hosting the yearly Devcon conference.

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