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Ethereum Ethereum is having a bit of a crisis lately, particularly as popularity around memecoins have caused Solana to surge while Ethereum has seemed relatively stagnant. That, combined with the impression that some of the Ethereum Foundation’s development has stalled, disagreements over direction and spending, and a series of conflict of interest scandals several months ago, have resulted in a loss of faith in the foundation. Some have called for the ouster of Ethereum Foundation executive director Aya Miyaguchi, who has held the role since 2018. Ethereum co-founder Vitalik Buterin announced on Twitter that “We are indeed currently in the process of large changes to EF leadership structure, which has been ongoing for close to a year,” outlining some changes they were pursuing. However, he clarified that they were not looking to begin joining the kinds of aggressive political lobbying efforts that have been happening from elsewhere in the industry, nor were they seeking to “execute some kind of ideological / vibez pivot from feminized wef soyboy mentality to bronze age mindset”.34 Buterin later emphasized that he was in charge of decisionmaking around the Ethereum Foundation’s leadership team, and put his support behind Miyaguchi. He condemned those who were seeking to exert pressure to force Miyaguchi out, and called out a series of tweets that advocated for “bullying” her out or made violent threats against her.35

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    Molly White (molly0xfff@hachyderm.io)'s status on Saturday, 25-Jan-2025 02:19:53 JST Molly White Molly White
    in reply to

    The Ethereum Foundation is facing a confidence crisis, and some were disappointed when Vitalik Buterin announced that his plans to overhaul the leadership don’t include “execut[ing] some kind of ideological / vibez pivot from feminized wef soyboy mentality to bronze age mindset”.

    #crypto #cryptocurrency #USpolitics #USpol

    In conversation about 4 months ago from hachyderm.io permalink
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