Ethereum Foundation Outlines Ethos and Responsibilities in New Mandate
Summary
The Ethereum Foundation released a mandate on Friday outlining its core principles and responsibilities in stewarding the Ethereum ecosystem. The foundation reaffirmed its commitment to maintaining Ethereum’s decentralization, ensuring users have ultimate control over their on-chain assets, and achieving mass scalability. Key properties like censorship resistance, open-source code, privacy, security, and freedom-preserving technology will be upheld. The Foundation intends to focus on core protocol upgrades, long-term research, cybersecurity, and developer tooling, while actively working to minimize its own long-term necessity, aiming for a future where Ethereum can function independently. This announcement follows criticism from Ethereum co-founder Vitalik Buterin regarding the centralization issues within many layer-2 scaling solutions, prompting a re-evaluation of Ethereum’s scaling strategy.
(Source:Cointelegraph)