Vitalik Buterin addressed criticism regarding the Ethereum Foundation's position.
The Ethereum co-founder stated that the foundation is not the central authority in the network.
Buterin clarifies Ethereum Foundation's role in ecosystem
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Vitalik Buterin signals smaller ethereum foundation focus
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Ethereum co-founder Vitalik Buterin posted on X about shifting the Ethereum Foundation toward a narrower role. He said the organization will prioritize longevity over breadth while reducing ETH sales. The foundation will focus on censorship resistance, openness, privacy and security.
Ethereum co-founder Vitalik Buterin has outlined ideas to prevent the centralization of block building in a new blog post. He focuses on risks like transaction censorship and toxic MEV extraction. The proposals aim to maintain decentralization as Ethereum scales.
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Former Ethereum Foundation researcher Dankrad Feist has called for a new community-led organization with a $1 billion treasury to better align incentives with Ethereum's growth.
BitMine Immersion Technologies bought 10,000 ETH from the Ethereum Foundation for $23 million in an over-the-counter transaction at $2,292.15 per ETH. This follows a similar sale the prior week and a March deal, with proceeds supporting Ethereum operations, R&D, ecosystem grants, and community initiatives.
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Illia Polosukhin, co-founder of NEAR, predicts that AI agents will serve as the main users of blockchain technology. He envisions AI acting as the front-end interface for online activities, including crypto, while blockchain operates as the back-end infrastructure. This perspective suggests a shift where humans interact primarily through AI, abstracting complex blockchain elements like wallets and transaction hashes.
Ripple Labs CEO Brad Garlinghouse stated that the U.S. Senate's crypto market structure bill, known as the Clarity Act, remains uncertain despite a recent stablecoin compromise. Speaking at Consensus 2026 in Miami Beach, he emphasized that a Senate Banking Committee hearing this month is crucial for its advancement. Without it in the next two weeks, the bill's chances could drop sharply.
May 24, 2026 23:03