Vitalik’s smaller Ethereum Foundation tests ETH holders’ demand for execution
Summary
Vitalik Buterin is pushing for a transition where the Ethereum Foundation (EF) becomes a more specialized, smaller entity focused on core technical pillars like censorship resistance and security. This strategic shift aims to reduce the Foundation's reliance on selling ETH to fund operations. However, this vision conflicts with many ETH holders who believe the EF should act more like a growth-oriented organization to compete with rivals like Solana. The success of this transition depends on whether external organizations can successfully absorb functions like business development and asset promotion before the EF's reduced capacity leads to stagnation.
(Source:CryptoSlate)