Ethereum Foundation Dissent Dampens ETH Price as Vitalik Asserts Authority

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Ethereum Foundation Dissent Dampens ETH Price as Vitalik Asserts Authority
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On Jan. 21, Ethereum co-founder Vitalik Buterin firmly asserted his sole authority over Ethereum Foundation leadership decisions, stating that it will remain until reforms establish a “proper board.”

“If you ‘keep the pressure on,’ then you are creating an environment that is actively toxic to top talent,” Buterin said in response to the social media backlash.The person deciding the new EF leadership team is me. One of the goals of the ongoing reform is to give the EF a “proper board”, but until that happens it’s me.

There is strong community pressure to promote developer Danny Ryan to a leadership position. On Jan. 22, Ryan, who left the EF in 2024 due to health issues, said, “Some of the discourse has turned counterproductive,” before adding: “The Ethereum Foundation is a leftist-driven, anti-winning swamp. 80% of the budget can be cut and Ethereum would function and progress just fine.”

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