Ethereum co-founder Vitalik Buterin has addressed lingering concerns about centralization, scalability, and privacy in a recent post on X, reaffirming that the Ethereum Foundation (EF) is not the center of the network but simply one node among many.
Some developers have previously urged the EF to take greater control over roadmap implementation, while users pushed back against that idea as incompatible with a blockchain meant to underpin decentralized finance. Buterin argued the Foundation should occupy a defined, limited role within the ecosystem rather than act as a central authority.
He noted the EF holds only 0.16% of ETH, contrasting this with other networks where central foundations control between 10% and 50% of supply.
“Fiscally, the EF was originally designed to fulfill a limited work scope defined in the token sale docs and other pre-launch materials (building the chain software; getting through Frontier, Homestead, Metropolis, Serenity), which was fully completed in 2022; it was not designed to be an eternal steward. And so today, the EF is choosing to use its remaining resources to pursue longevity over breadth…”
As part of this shift, the EF plans to reduce asset sales going forward — a change in strategy that follows criticism the organization received last year. Buterin indicated the transition would take several months, and stressed that prioritizing decentralization over broad scalability is essential to prevent what he called “mediocrity.”
Ethereum remains the primary host for major decentralized applications and a key entry point for new crypto users. The broader crypto market has been largely range-bound, with most major assets posting gains of under 2% over the past two weeks.
Source: Buterin: Ethereum Foundation Is ‘One Node,’ Not Network’s Center