🚀 Ethereum Foundation Responds to Community Concerns with Big Changes

The Ethereum Foundation (EF) is shaking things up after facing community backlash. During discussions at ETH San Francisco, insiders revealed that EF leaders are finally open to feedback and are looking to adapt to the evolving crypto landscape.

Ethereum’s New Focus: More Building, Less Theory 🔧

For years, Ethereum has been research-heavy, but now the Foundation is shifting gears. Haseeb Qureshi, managing partner at Dragonfly, said that Ethereum is taking inspiration from Solana’s Superteam, which actively funds and supports blockchain development.

• The goal? Less theory, more action—accelerating real-world applications instead of just academic discussions.
• This could mean more investments, better developer support, and a stronger Ethereum ecosystem.

Why Is the Community Frustrated? 📉

Ethereum’s community is fed up with EF’s handling of the project, especially as Ethereum struggles in the market:

• On March 13, ETH hit a historic low against BTC on Binance—just 0.02240 BTC per ETH.
• While Ethereum holds over $3.2 billion in tokenized U.S. Treasuries, investors question EF’s treasury management.
• Critics argue that EF’s token sales impact ETH’s price stability, making Ethereum less attractive compared to its competitors.

Leadership Shakeup & New Communication Efforts 🏛️

To fix things, EF is restructuring:

• On February 25, Aya Miyaguchi stepped down as executive director and became president—but her replacement hasn’t been named yet.
• Vitalik Buterin hinted at leadership changes, but details remain unclear.
• On February 28, EF launched the “Silviculture Society”, an informal advisory group to improve community feedback.

This move aims to bridge the gap between Ethereum developers and the broader ecosystem, ensuring transparency and better decision-making.

TL;DR: Ethereum Foundation Is Finally Listening 🎧

• Ethereum Foundation is shifting from research to real-world project development 🚀.
• ETH hit a record low against BTC, sparking frustration over treasury management.
• Leadership changes are underway, with Aya Miyaguchi stepping into a new role.
• New community initiatives (like the Silviculture Society) aim to improve transparency and feedback.

Ethereum is at a crossroads—whether these changes will boost the ecosystem or come too late remains to be seen. What do you think? Will Ethereum bounce back? 👀