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Cryptocurrency News Articles

Vitalik Buterin Revealed Major Leadership Changes at the Ethereum Foundation

Jan 20, 2025 at 11:12 pm

Ethereum co-founder Vitalik Buterin has revealed major leadership changes at the Ethereum Foundation, emphasizing a renewed focus on supporting decentralized app developers while staying true to the network's core principles of decentralization.

Vitalik Buterin Revealed Major Leadership Changes at the Ethereum Foundation

output: Ethereum co-founder Vitalik Buterin has highlighted major leadership changes at the Ethereum Foundation, underscoring a renewed focus on supporting decentralized app developers while adhering to the network's core principles of decentralization.

In a January 18 X post, Buterin stated that the foundation aims to prioritize technical expertise, enhance communication between the foundation and builders in the Ethereum ecosystem and steer clear of political lobbying or ideological shifts.

“We are indeed currently in the process of large changes to EF leadership structure, which has been ongoing for close to a year,” Buterin noted. “Some of this has already been executed on and made public, and some is still in progress,” he added.

The leadership changes follow a tumultuous year for the Ethereum Foundation, which faced scrutiny over its spending habits, roadmap implementation and staffing decisions. A significant moment occurred in May 2024, when the foundation introduced a new conflict-of-interest policy following concerns about several researchers accepting paid advisory positions at the EigenLayer Foundation.

Tensions surrounding advisory positions escalated in November 2024, leading to the resignation of Dankrad Feist and Justin Drake from their leadership roles within the project. Their departures, coupled with a sharp decline in the value of the $EIGEN token, raised concerns about the future stability of a project that was once touted as being vital to Ethereum's infrastructure development.

Meanwhile, Buterin also committed to abstaining from any future advisory roles, angel investments or similar types of involvement. On the other hand, the Dencun upgrade in March 2024 had a significant impact on the Ethereum ecosystem, slashing layer-2 transaction fees by 99% and boosting the growth of layer-2 networks. Currently, Ethereum supports 55 layer-2 rollups, as reported by L2Beat.

In his announcement, Buterin outlined the “non-goals” of the Ethereum Foundation, which are essentially commitments that the organization pledges to avoid. These include becoming a platform for vested interests, increasing centralization or elevating him as the central figure within Ethereum.

Buterin Criticizes Musk’s Tone Amid Talks of X Censorship

In December 2024, Buterin publicly criticized Elon Musk, the owner of X, for the platform's “tone of discourse” and cautioned against suppressing opposing viewpoints.

In a post on X, Buterin responded to Musk, acknowledging his dedication to free speech but cautioning against the use of the “social media banhammer.”

Buterin's remarks follow backlash from conservatives who accused Musk of censorship, alleging that his platform had removed premium features from accounts that were critical of his views.

Read More

Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.output: A new leadership structure is being implemented at the Ethereum Foundation with the aim of supporting decentralized app developers and adhering to the network's core principles of decentralization, according to co-founder Vitalik Buterin.

In a January 18 X post, Buterin outlined the changes, which include prioritizing technical expertise, improving communication between the foundation and builders in the Ethereum ecosystem and avoiding political lobbying or ideological shifts.

“We are indeed currently in the process of large changes to EF leadership structure, which has been ongoing for close to a year,” Buterin wrote. “Some of this has already been executed on and made public, and some is still in progress,” he added.

The leadership changes come after a tumultuous year for the Ethereum Foundation, which faced scrutiny over its spending habits, roadmap implementation and staffing decisions. A significant moment occurred in May 2024, when the foundation introduced a new conflict-of-interest policy following concerns about several researchers accepting paid advisory positions at the EigenLayer Foundation.

Tensions surrounding advisory positions escalated in November 2024, leading to the resignation of Dankrad Feist and Justin Drake from their leadership roles within the project. Their departures, coupled with a sharp decline in the value of the $EIGEN token, raised concerns about the future stability of a project that was once touted as being vital to Ethereum's infrastructure development.

Vitalik Buterin also committed to abstaining from any future advisory roles, angel investments or similar types of involvement. On the other hand, the Dencun upgrade in March 2024 had a significant impact on the Ethereum ecosystem, slashing layer-2 transaction fees by 99% and boosting the growth of layer-2 networks. Currently, Ethereum supports 55 layer-2 rollups, as reported by L2Beat.

In his announcement, Buterin outlined the “non-goals” of the Ethereum Foundation, which are essentially commitments that the organization pledges to avoid. These

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