Ethereum’s ecosystem may see significant structural changes following recent comments from Lido co-founder Vasiliy Shapovalov. Shapovalov proposed creating a “Second Foundation” to enhance leadership and decision-making, sparking debate within the crypto community. His remarks come amid mounting criticism of the Ethereum Foundation’s leadership, which some argue has fallen short in addressing key ecosystem challenges.
Source – FXStreet
The suggestion reflects broader concerns about Ethereum’s governance structure, particularly as the network navigates its complex post-Merge landscape. Critics argue that decentralization efforts need stronger frameworks to guide development and ensure long-term sustainability. The potential establishment of a “Second Foundation” could recalibrate Ethereum’s governance while addressing the perceived inefficiencies within the current framework.
While the idea remains speculative, Shapovalov’s comments have reignited discussions about how Ethereum’s ecosystem should evolve to maintain its dominance in the competitive blockchain space. Investors and developers alike are closely watching for any formal proposals that might emerge.
