Written by Vince Quill, Staff Writer. Reviewed by Robert Lakin, Staff Editor.
Written by Vince Quill, Staff Writer.
Reviewed by Robert Lakin, Staff Editor.
Buterin fires back at Ethereum Foundation critics, recommits to neutrality
Latest NewsPublishedMay 24, 2026
Ethereum Co-Founder Vitalik Buterin Addresses Critics and Reaffirms Commitment to Neutrality
The Ethereum Foundation, holding less than 1% of all ETH in circulation, has been under scrutiny for its role in the Ethereum ecosystem. Co-founder Vitalik Buterin has responded to critics, emphasizing the Foundation’s focus on promoting censorship-resistance, open source software code, long-range research, cybersecurity, and decentralization of the Ethereum Protocol. Buterin noted that the Foundation’s mandate, published in March 2026, outlines its commitment to these principles.
Buterin’s comments come amid a significant decline in ETH’s price, which currently sits over 50% below its all-time high. Despite this, the Ethereum Foundation will continue to prioritize longevity and stretch its funds to finance research, rather than focusing on short-term token price support. This approach is in line with the Foundation’s goal of strengthening Ethereum’s cybersecurity and code base, without competing with high-throughput chains or scaling to 1 million transactions per second.
“EF is not a ‘center of Ethereum’, rather EF is ‘one node, with a defined purpose, alongside other nodes’. We have always said that the EF should be the latter, but many in the Ethereum ecosystem, and even within the EF, wanted us to be the former.
Ethereum Foundation’s Role and Token Holdings
The Ethereum Foundation holds a relatively small percentage of ETH, approximately 0.16%, compared to other protocol foundations which typically hold 10-50% of their native tokens. Buterin emphasized that the Foundation’s limited token holdings are a deliberate choice, allowing for greater decentralization and neutrality in the ecosystem. This approach is essential for maintaining the integrity and security of the Ethereum network, and is a key aspect of the Foundation’s mandate.
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Conclusion and Next Steps
In conclusion, the Ethereum Foundation’s commitment to neutrality and decentralization is a crucial aspect of the Ethereum ecosystem. As the ecosystem continues to evolve, it’s essential for individuals to stay informed and explore opportunities for earning and growth. If you’re interested in learning more about EcoPool and how you can get started, download the EcoPool app to begin earning passive income and participating in the EcoPool network. With its focus on green crypto and cloud rewards, EcoPool is an excellent choice for those looking to make a positive impact in the world of cryptocurrency.
Under pressure amid falling token price
“I think Ethereum’s original sin was not considering tokenomics with every move it made from Dencun on,” cryptocurrency journalist Laura Shin said.
The Dencun upgrade was a major protocol update released in March 2024, which significantly reduced network fees for layer-2 transactions and led to a subsequent collapse in Ethereum’s base layer revenue.
Fees on the Ethereum layer-1 blockchain network fell significantly after the Dencun upgrade in March 2024. Source: Token Terminal
Most investors “don’t want to believe in something that is not also putting up points on the scoreboard,” Shin said about ETH.
Buterin said on Sunday that the Foundation would focus on “longevity” and stretch its funds to finance research, meaning it would sell less ETH in the future.
In May, the Foundation unstaked 21,270 ETH from the Lido liquid staking platform, as part of its treasury strategy.
Unstaking ETH means those holdings will no longer generate yield for the Ethereum Foundation, but it is not a confirmation that the organization will sell those tokens.
Magazine: Why is Ethereum Foundation selling? BTC futures warning signs: Market Moves
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- Vitalik Buterin
- Ethereum
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