Vitalik Buterin Signals Ethereum Foundation Power Cut, ETH Sales Reduced in Major Shift
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3 Articles
CHOCHILINO Vitalik Defends Leaner Ethereum Foundation After Wave of Criticism %
Vitalik Buterin shared his personal views on the new direction of the Ethereum Foundation (EF) in an X post on May 24, amid ongoing debates surrounding the organization’s role, departing staff, treasury management, and its ability to support ETH’s economic value. According to him, the EF will not attempt to be the “center” of Ethereum. Instead, it will narrow its role to become a smaller, more durable organization that sells less ETH and focuses…
Key points of the news: Ethereum Foundation is prioritizing Kohaku, an initiative focused on privacy promoted by Vitalik Buterin on May 26, instead of acting as a support for ETH’s price. Kohaku has been developing for about a year and includes privacy tools, Railgun bookstores, privacy pools and post-quantic accounts. Internal pressure remains high after senior contributor exits, while Aave’s revenue-guided strategy highlights an alternative gr…
Vitalik Buterin Signals Ethereum Foundation Power Cut, ETH Sales Reduced in Major Shift
On May 24, Ethereum co-founder Vitalik Buterin published a roughly 1,500-word post on X laying out his personal vision for the Ethereum Foundation’s future. He was direct about what the changes mean in practice: “The EF is choosing to use its remaining resources to pursue longevity over breadth. Yes, this means we sell less ETH.” The post arrives at a difficult moment for the organization, amid its deepest talent drain in years and growing commu…
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