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The Ethereum Foundation’s Next Chapter

5 months ago
in Ethereum
Reading Time: 4 mins read
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Hello! That is Hsiao-Wei and Tomasz co-writing this weblog put up. We have now been in our new Co-Govt Director roles for nearly a month. The honeymoon is over, it is time to get transferring.

A Second of Transition and Alternative

Ethereum has all the time been a journey: a always evolving ecosystem powered by individuals who imagine in constructing a extra open and decentralized world. Whereas the Ethereum Basis (EF) could also be a decade outdated, it stays keen to reinvent itself.

This 12 months, EF embraced a brand new management mannequin with twin Govt Administrators. This design brings various and complementary views, enhancing our capacity to fulfill complicated challenges. We’re excited to embrace the alternatives and challenges forward, guided by a deep dedication to Ethereum’s core values and a imaginative and prescient grounded in stewardship, coordination, and long-term considering.

Importantly, EF isn’t a two-headed carriage pulling in numerous instructions. Our relationship is constructed on mutual respect, belief, and shared values. We collaborate intently, problem one another constructively, and in the end transfer ahead as a united crew with shared objectives.

Our Ideas and Focus Areas

Wanting forward, we will likely be working with two pillars:
Guiding Ideas (our core values) and Aims (our pursuit of influence and resilience). Technical excellence underpins all that we do and it’s the inspiration that allows us to ship on our mission.

Our job as Govt Administrators is to implement EF’s imaginative and prescient in a always altering world. Our function contains strategic planning, ecosystem stewardship, crew management, and operational oversight. All in assist of Ethereum’s long-term success.

Values we champion:

Censorship Resistance: Guaranteeing that Ethereum stays an open community the place anybody, wherever, can transact and construct with out limitations or exterior management.Open Supply Innovation: Fostering collaboration, transparency, and community-driven growth by way of brazenly shared data and instruments.Privateness Safety: Safeguarding particular person freedom and autonomy in a digital world by enabling non-public interactions with out sacrificing safety.Safety: Sustaining belief, robustness, and resilience throughout the Ethereum ecosystem by prioritizing safe design and steady analysis.

These values are the inspiration that information our technical selections, our assist for the ecosystem, and our long-term imaginative and prescient for Ethereum as a public good.

Whereas remembering these values, we’ve set main instructions for the following 12 months:

Scaling Ethereum mainnetScaling blobsImproving UX, together with L2 interop + utility layer

Collectively, meaning bettering mainnet and L2s interoperability and coodination, UX, DevEx, giving purposes and L2s extra presence and a focus at Devcon, amplifying their messages through communication channels.

Past this, we perceive that we have to speed up journeys of builders, founders, establishments by way of the pathways in the direction of constructing on Ethereum and adopting Ethereum. Ethereum Basis has data and leaders who can mentor, lead, appeal to, and onboard expertise.

Tomasz’s Be aware

Ethereum begins the following chapter. The values stay unchanged: open supply, censorship resistance, privateness, and safety. The Ethereum Basis adjustments – into a company that can talk increasingly brazenly, a company that will likely be keen to enter tough dialogues at once.

We’ll deal with velocity of execution, accountability, clear objectives, targets, and metrics to trace. We will likely be centered on the success of the Ethereum mainnet protocol. Ethereum mainnet will stay a world, impartial community, a protocol trusted to be trustless. We’ll deal with the success of Ethereum mainnet and all the ecosystem – L2s that deliver mass adoption and quite a few advantages to the customers, mainnet that stands as each a stable rock and a nimble community behind all of the transactions and coordination mechanisms. We’re excited concerning the journey – a journey by way of one of the vital inspiring technological and societal shifts we are going to ever expertise, a journey that we’ll embark on collectively – visionaries and down-to-earth builders.

Forward of us lies one 12 months of scaling – scaling Ethereum mainnet (L1), supporting the success of L2 chains by offering them with one of the best structure to scale, to safe their networks, and to deliver confidence to their customers. Forward of us is a deal with making all the ecosystem of chains really feel like one by delivering one of the best UX, design, and interoperability, whereas attaining scaling by way of engineering excellence and cutting-edge analysis.

Hsiao-Wei’s Be aware

Within the subsequent few months, my precedence will likely be on strengthening the EF’s operations to assist the ecosystem’s progress. An adaptable and succesful basis helps us higher serve Ethereum’s long-term mission.

As we transfer with sharper focus, one in every of our objectives is to raised assist Ethereum’s utility layer. We’ll assist builders and customers by bettering the developer and person expertise, clarifying requirements, strengthening ecosystems, and smoothing the journey from concepts to reside purposes.

We’re working to enhance how we plan, prioritize, and coordinate throughout groups inside EF and throughout the broader ecosystem, retaining our efforts aligned with neighborhood wants and Ethereum’s cypherpunk spirit. Strengthening EF is just one a part of the transition. The true momentum comes from the vitality and creativity of the worldwide Ethereum ecosystem.

A Future Constructed Collectively

Ethereum isn’t a monolith. It’s a residing, respiration community of communities, builders, researchers, artists, educators, and dreamers. It’s world, various, and proudly decentralized. We’re regularly impressed by the creativity and resilience of the ecosystem. EF will proceed to indicate up the place we’re most wanted, but additionally make area when the ecosystem thrives by itself. This can be a community-led future.

The street forward is stuffed with potentialities. Ethereum has already remodeled what’s doable in expertise, finance, governance, and past. To everybody constructing, educating, researching, experimenting, and imagining new futures: thanks. Collectively, we’re constructing one thing larger than anybody crew, challenge, or era. We’re honored to stroll this path with you, and we’re excited for all that’s forward.



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