Ethereum's creator announces major changes: smaller foundation, fewer ETH sales, and laser focus on security and privacy.
Image source: CoinDesk
Ethereum's creator Vitalik Buterin has announced major changes to how the Ethereum Foundation (the organization that supports Ethereum's development) will operate going forward.
In a detailed post on social media platform X, Buterin revealed that the foundation will become smaller, sell less ETH (Ethereum's cryptocurrency), and focus specifically on what he calls "CROPS" - Censorship resistance, Openness, Privacy, and Security. These are the core values that will guide Ethereum's future development.
Key facts from Buterin's announcement: • The Ethereum Foundation holds only 0.16% of all ETH (much less than other crypto foundations that typically hold 10-50%) • Buterin himself keeps 90% of his wealth in ETH, showing his confidence in the project • His influence in the foundation will decrease as more board members join • The foundation will prioritize long-term survival over rapid growth
Buterin explained that Ethereum won't try to be the fastest blockchain. Instead, it will focus on being the most secure and censorship-resistant. "Being as fast as possible... is a route to mediocrity," he wrote. This means Ethereum will prioritize safety and decentralization (no single entity controlling it) over speed.
The announcement comes after several senior employees left the Ethereum Foundation in 2026, sparking debates about its direction. Buterin's statement appears to address these concerns by clearly defining the foundation's narrower, more focused mission.
For everyday users, this means Ethereum will continue prioritizing security and reliability over flashy features, potentially making it a more stable platform for long-term use.
This is an AI-generated summary. Read the original article at: https://www.coindesk.com/web3/2026/05/25/buterin-says-ethereum-foundation-will-shrink-sell-less-eth-and-focus-on-crops