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Ethereum faces significant community distrust this year. At the end of last year, ecosystem members erupted in anger, criticizing the Ethereum Foundation (EF) as useless and suggesting its dissolution, which led to the foundation's reorganization in the first two months. Recently, the rarely updated official website and community have been frequently posting articles, showing their desire to rebuild community confidence. Ethereum co-founder Vitalik also published an article today (29th), supplementing the Ethereum Foundation's (EF) mission. He believes EF should make efforts to promote Ethereum's usage and decentralization, but this has caused community dissatisfaction.
Vitalik's Post
The new EF president Aya Miyagotchi recently uploaded a new Ethereum era article on the Ethereum official website and community, defending the foundation's existence and purpose, and humbly stating that changes will be made to meet community needs. Vitalik responded to this post and annotated it, stating the two main goals of the Ethereum Foundation:
- Ethereum's usage – users actually benefiting from Ethereum's underlying attributes
- Ethereum's resilience and decentralization – focusing on solving weaknesses anywhere in the stack
It's worth noting that Vitalik also posted Aya Miyagotchi's article content, so the main explanation is centered on the official website article.
Community Criticism
However, Vitalik's explanation has drawn widespread criticism from different levels. A Chinese-background person called it "Empress Dowager interfering with politics", believing that Vitalik is creating an atmosphere of giving to the community while frequently providing guiding opinions, which is puzzling:
Since the position has been handed over to a new executive director, you should consciously retreat backstage and stop publishing so many guiding opinions, restricting their performance and tying their hands. Otherwise, we can only consider you and Aya as hypocritical power-hungry people, like the Empress Dowager in ancient China ruling from behind the curtain...
Another netizen directly pointed out that the Ethereum Foundation explained a bunch of nonsense without properly explaining whether they will continue to dump Ethereum in the future. RIOT Bitcoin mining research vice president Pierre Rochard also criticized Vitalik, believing he still hasn't explained the Ethereum Foundation's value to the Ethereum ecosystem. He thinks increasing Ethereum usage can be achieved through wbtc, USDT methods, and decentralized financial optimization can be done by listing on NASDAQ, seemingly sarcastically implying that Ethereum's current financing choice of dumping instead of fundraising is sacrificing Ethereum's value.
