Key Takeaways
- The Ethereum Foundation is undergoing a year-long restructuring to strengthen technical knowledge and ecosystem communication.
- The foundation aims to reinforce its commitment to privacy, open source development, and resistance to censorship at the application level.
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The Ethereum Foundation is undergoing major leadership changes as part of a restructuring process that has been ongoing for almost a year, as explained by Ethereum co-founder Vitalik Buterin on January 18. report which described the clear goals and non-goals of the process.
The restructuring targets strengthening technical expertise within the foundation's leadership while improving communication with ecosystem partners, including individual and institutional users. , developers of applications, wallets, and layer 2 protocols, according to Buterin.
Buterin outlined several key goals, including bringing in new talent, increasing the speed of execution, and providing more active support to application builders.
The foundation intends to reinforce its commitment to privacy, open source development, and resistance to censorship at the application level, Ethereum's co-founder noted. It will also expand the use of decentralized technology and privacy for payments and financial management on the Ethereum blockchain.
The restructuring will not transform the foundation into a lobby group, especially in major countries like the US, to maintain the neutrality of Ethereum as a global platform, Buterin emphasized. He also clarified that the foundation will not serve specific special interests or increase centralization within the Ethereum ecosystem.
“These are not the things that EF does and this is not going to change. People looking for a different vision are welcome to start their own groups,” Buterin said.
Ethereum Foundation launches new X account
Buterin's statement comes after the Ethereum Foundation launched a new X (formerly Twitter) account, @ethereumfndn, on Monday. The move marked a 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's financial movements– Ethereum Foundation (@ethereumfndn) January 13, 2025
The report is part of the foundation's strategy to increase transparency and communication following criticism of the foundation's operations and leadership.
The Aave team and other community members recently called for leadership changes to improve efficiency and address funding issues.
How to solve Ethereum foundation issues
1) Fire 80% of non-dev and current leadership positions on the spot
2) turn 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 activities, donations and financial disclosures.
In addition to X, the foundation plans to engage with decentralized social media platforms such as Farcaster, Lens, and Bluesky.
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