The Ethereum Foundation has responded to complaints from holders of the cryptocurrency about its focus on technical objectives rather than public perception and political considerations. The Foundation revamped its social media account to adopt a more public-facing style of communication. There were rumors that the Foundation was overhauling its leadership team, which were partially confirmed by Ethereum creator Vitalik Buterin, who stated that the organization was making significant changes. However, Buterin emphasized that Ethereum would not be caving to pressure from Crypto Twitter or aggressively lobbying regulators. The Foundation also set up a wallet to participate in the Ethereum decentralized finance ecosystem and support related projects. Buterin faced criticism on social media over the leadership changes, and he responded by highlighting that he had the sole power to determine the leadership team and condemning abusive posts towards Foundation employees. These recent moves by Buterin have been seen by many in the industry as a shift to "wartime mode" and a demonstration of his dedication to the future of Ethereum.
Content Editor ( decrypt.co )
- 2025-01-22
'Wartime' Vitalik, DeFi Moves, and Milady Vibes—What's Up With the Ethereum Foundation?
