Vitalik Buterin outlines Ethereum Foundation’s new direction

Vitalik Buterin revealed the Ethereum Foundation will decentralize, expand its board, and focus on sustainability. Holding just 0.16% of ETH, it will prioritize core values over rapid growth.

Vitalik Buterin has announced a strategic shift for the Ethereum Foundation, focusing on reducing his personal influence and promoting greater decentralization. The Foundation will expand its board, distributing authority more widely and positioning itself as just one participant within the broader Ethereum ecosystem, rather than its central coordinator. Currently, the Foundation holds only 0.16% of the total ETH supply, a notably smaller share than many other blockchain foundations. This limited holding, along with a revised treasury strategy, underscores a commitment to long-term sustainability. The Foundation plans to reduce ETH sales and concentrate on initiatives with lasting impact. Buterin emphasized that Ethereum should prioritize decentralization and technical stewardship over rapid growth, distancing itself from the high-throughput competition of rival blockchains. The restructuring aims to enhance transparency, foster shared governance, and encourage a more active community role in shaping Ethereum's future.