Key Takeaways
- The Ethereum Foundation is undergoing a year-long restructuring to enhance technical expertise and ecosystem communication.
- The foundation aims to reinforce its commitment to privacy, open-source development, and censorship resistance at the application layer.
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The Ethereum Foundation is undergoing a major leadership restructuring process, as shared by Ethereum co-founder Vitalik Buterin in a Jan. 18 statement that outlined the goals and explicit non-goals of the process.
“We are indeed currently in the process of large changes to EF leadership structure, which has been ongoing for close to a year. Some of this has already been executed on and made public, and some is still in progress,” he stated.
The restructuring targets enhancing enhance technical expertise within the foundation’s leadership while improving communication with ecosystem participants, including individual and institutional users, application developers, wallets, and layer 2 protocols, according to Buterin.
Buterin outlined several key objectives, including bringing in new talent, increasing execution speed, and providing more active support for application builders.
The foundation plans to reinforce its commitment to privacy, open-source development, and censorship resistance at the application layer, the Ethereum co-founder noted. It will also expand its use of decentralized and privacy technology for payments and treasury management on the Ethereum blockchain.
The restructuring will not transform the foundation into a lobbying organization, especially in major nations like the US, to maintain Ethereum’s neutrality as a global platform, Buterin stressed. He also clarified that the foundation will neither serve specific vested interests nor increase centralization within the Ethereum ecosystem.
“These things aren’t what EF does and this isn’t going to change. People seeking a different vision are welcome to start their own orgs,” Buterin stated.
Ethereum Foundation launches a new X account
Buterin’s statement comes after the Ethereum Foundation launched a new X (formerly Twitter) account, @ethereumfndn, on Monday. The move marked its return to social media engagement after a year of silence.
1. This new account will be used to share updates from the Ethereum Foundation, including:
– Updates from EF teams
– News about EF projects and grants
– Disclosures about EF treasury movements— Ethereum Foundation (@ethereumfndn) January 13, 2025
The account is part of the foundation’s strategy to enhance transparency and communication following criticism of the foundation’s activities and leadership.
The Aave team and other community members recently called for leadership changes to improve efficiency and address funding issues.
How to solve the Ethereum foundation issues
1) Fire 80% of non-dev and current leadership roles on the spot
2) convert the ETH left into a balanced basket of battle-tested LSTs
3) Cut 95% of current grants, especially “run a node in Vorkuta” initiatives
3) Instead of dumping…— Marc “Billy” Zeller 👻 🦇🔊 (@lemiscate) January 4, 2025
Through its new account, the Ethereum Foundation aims to be more engaged with its community, focusing on updates related to the foundation’s operations, grants, and financial disclosures.
In addition to X, the foundation plans to engage with decentralized social media platforms like Farcaster, Lens, and Bluesky.
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