The founder of Lido, Konstantin Lomashuk, created a "Second Foundation for Ethereum while the blockchain faces leadership issues.

The only material from this account remains vague, but a closer look at Lomashuk's social media provides insights. Most likely, this Second Foundation will help promote decentralized ideals against the modern crypto culture of "chasing money".

Lomashuk's Goals for the Second Foundation

Konstantin Lomashuk, founder of Lido and P2P.org, announced today on social media that he had created a "Second Foundation for Ethereum. This came after the Ethereum Foundation (EF) began to undergo a significant transformation in its leadership. Earlier today, veteran developer Eric Conner resigned from the project.

So far, Lomashuk's intentions for this Second Foundation remain somewhat unclear. The actual announcement consisted of the phrase "hello world computer", but the new account lacks an official description. However, by observing some of the materials that Lomashuk has been reposting lately, some ideas about his thought process become clearer.

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