"'Second Foundation' Account Sparks Debate on the Future of the Ethereum Foundation đ„đ€"
Lido founder Konstantin Lomashuk shared an X profile called âSecond Foundation,â which was created amid discussions about the effectiveness of the Ethereum Foundationâs (EF) efforts for the ecosystem.
However, Lomashuk clarified that no such entity has been created, and he would share his thoughts on the EF case soon.
The development comes after Ethereum co-founder Vitalik Buterin stated that the future of the blockchain is decentralized, and EF is just one part of it in a Jan. 21 post. He added:
âEF should not âmidcurve,â it should confidently represent the aspects of Ethereum that it can be effective at representing, and deliberately create and nurture open space for other orgs to represent the other aspects of Ethereum. Some of those other aspects arguably even make more sense in a for-profit format.â
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