Vitalik: The Ethereum Foundation will "scale down" and reduce the amount of ETH sold

According to The Block, Ethereum co-founder Vitalik Buterin published a lengthy article on the X platform, responding to the recent turmoil within the Ethereum Foundation and the wave of researcher departures. Buterin stated that the foundation is choosing "long-term survival over being large and comprehensive," reducing ETH sales, and focusing on Ethereum's anti-censorship, open-source, privacy, and security attributes known as CROPS. He emphasized that the post represents his personal views, and his power within the organization will continue to diminish, which aligns with his wishes.

Buterin believes that the EF should be understood as "a node with a clear purpose, alongside other nodes," rather than the center of Ethereum. He pointed out that the foundation holds about 0.16% of ETH, while other blockchain foundations typically hold 10% to 50% of their own token supply. The foundation will focus on key activities that only it can drive, with some respected contributors and projects remaining outside the foundation, which will help attract external capital.

In terms of technical direction, Buterin proposed three priorities: achieving "provably secure Ethereum" through AI-assisted formal verification, usable chain consensus, and minimizing intermediaries. He explicitly opposed Ethereum competing solely on speed, calling that "a path to mediocrity." Finally, Buterin stated that the EF will be smaller than in previous years, its stance will be more distinct, and in some cases, its position may be difficult to understand, but it will also be more enduring. The foundation's new long-term operational model should stabilize in the coming months.