Ethereum co-founder defends budget cuts
Ethereum co-founder Joe Lubin has defended the Ethereum Foundation’s recent budget cuts and staff departures, stating they are necessary to keep the foundation focused on the network’s core technology and neutrality.
The foundation’s role should be narrower, with other organizations handling adoption and institutional engagement. Emerging trends like AI-powered commerce could drive the network’s next wave of growth.
Lubin emphasized the importance of the Ethereum Foundation being credibly neutral, avoiding conflicts of interest. The changes are part of the foundation’s evolution, not a crisis, according to Lubin.