Ethereum Foundation Needs a New Direction

The Ethereum Foundation presents a contradictory image. While it advocates for decentralization, it functions as a centralized body with a director, treasury, paid developers, and an inner circle. Although these structures are necessary for coordination, they create tension with Ethereum's decentralized principles. The foundation's current state is a result of a less-than-ideal construction process, following the removal of its previous director, Ming, in a coordinated effort by an unidentified group. The organization has focused on protecting against internal power struggles and external capture, achieving these goals effectively. However, in doing so, it has lost sight of its original vision. Ethereum was initially a visionary project that empowered individuals to achieve what previously required significant resources. The foundation must adapt and lead with a clear vision, inspiring a new generation of builders and navigating the complexities of the political landscape without compromising Ethereum's ethos. The Ethereum whitepaper was more than a technical document; it was a beacon that united like-minded individuals under a shared vision. The foundation must prioritize transparency, focusing on the community and embracing the opportunity to engage with lawmakers. By utilizing its own technology to coordinate operations, the foundation can demonstrate the transformative potential of decentralized systems and reinforce trust within the community. Ultimately, the foundation must become financially accountable, delivering measurable outcomes and addressing the oversight in user experience and security. To reignite its vision, the foundation must transform itself from a reactive institution into a proactive visionary force, ensuring the future of Ethereum and its community.