The Ethereum Foundation Has Lost Its Way

The Ethereum Foundation Has Lost Its Way

The Ethereum Foundation is a paradox. Despite its commitment to decentralization, it operates as a centralized entity, with a director, a treasury, paid developers, and an inner circle. These structures, while necessary for coordination, create tensions with Ethereum’s decentralized ethos.

The Foundation Today

It is not widely known, but the current foundation was constructed in a less than ideal way. The previous director, Ming, was ousted in a coordinated effort by a group of people who have never been publicly identified or held accountable for it. I spoke with Ming days before her removal and she assured me she had no intent of leaving. I was later given information about who was responsible for her removal, but was not given much insight as to why. I have heard that Ming was a bit of a micromanager, and that she had an intensity that rubbed some people the wrong way. I’m sure there’s truth to that, but these stories are often window dressing for deeper truths.

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We współpracy z: https://www.coindesk.com/opinion/2025/01/21/the-ethereum-foundation-has-lost-its-way

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