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Ethereum R1 will rely entirely on ETH donations from the public to support its development and operations
Ethereum R1 will operate without creating a native token, receiving venture capital funding, distributing pre-mined tokens, or establishing a governance token
Ethereum R1 is a new general-purpose layer-2 (L2) scaling solution designed to make Ethereum transactions faster, cheaper, and more decentralized
Ethereum R1 has been officially launched by independent developers from the Ethereum ecosystem as a new layer-2 (L2) scaling solution for the Ethereum network
Ethereum R1 will launch directly as a Stage 2 rollup, featuring permissionless proving and minimized trust assumptions from day one

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Independent team of Ethereum devs introduced Ethereum R1

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