Ethereum Foundation implements $3M leadership overhaul

The Ethereum Foundation is implementing a significant leadership overhaul aimed at addressing community concerns and enhancing operational efficiency.

Co-founder Vitalik Buterin announced the changes on January 18, 2025, noting that the restructuring has been in progress for nearly a year.

This initiative seeks to fill gaps in technical expertise and streamline the foundation's operations.

Buterin emphasised the importance of collaboration with various ecosystem participants, including developers and users.

The foundation's new priorities will include promoting decentralisation, privacy, and open-source principles while developing a robust app layer resistant to censorship.

Additionally, the Ethereum Foundation plans to adopt decentralised technologies for internal processes like payments and treasury management.

In recent months, the foundation faced scrutiny over its spending and operational strategies, prompting these leadership reforms to restore trust within the community.

Buterin reiterated that the foundation would maintain its neutrality and refrain from engaging in political lobbying.

“[Ethereum Foundation will not] start aggressively lobbying regulators and powerful political figures (esp in USA, but really anywhere, especially large powerful countries), and risking compromising Ethereum’s position as a global neutral platform,” he stated.

Furthermore, Ethereum (CRYPTO:ETH) co-founder Joseph Lubin proposed a dual-leadership model featuring Danny Ryan and Jérôme de Tychey to balance technical and business strategies.

Lubin highlighted their capabilities to navigate the evolving blockchain landscape while preserving Ethereum's core values.

“I believe that having Jerome and Danny partner to lead the EF would be a massive injection of energy, talent, outside the box thinking, creativity in marketing and drive,” he remarked.

These reforms are viewed as essential steps toward strengthening the Ethereum ecosystem's future, with expectations of improved communication and support for developers.  

At the time of reporting, the Ethereum (ETH) price was $3,249.89.