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Joe Lubin strongly supports EF reforms, stating that Ethereum has not declined and is expected to enter a new growth cycle

Ethereum co-founder and ConsenSys CEO Joe Lubin stated that the recent controversies surrounding the budget cuts, employee departures, and leadership adjustments at the Ethereum Foundation (EF) do not indicate that the organization is in crisis, but rather represent a necessary evolution in its development process. The Ethereum Foundation should focus on maintaining the core technology and values of the network, preserving its "trustworthy neutrality," while responsibilities such as ecological expansion, institutional collaboration, and commercial promotion should be undertaken by other organizations to avoid potential conflicts of interest between protocol development and commercial interests.In response to external doubts about the direction of the foundation's reforms, Lubin indicated that many criticisms stem from a misunderstanding of the foundation's role. He pointed out that the Ethereum Foundation is promoting further separation between protocol governance and commercial operations, and that the future Ethereum ecosystem will not be dominated by a single entity, but rather by multiple organizations taking on ecological construction responsibilities in different areas to jointly promote network development. This model differs from some blockchain projects that concentrate protocol development and commercial strategy within the same entity, aligning more closely with Ethereum's decentralized development philosophy.Regarding market views that "Ethereum is declining," Lubin denied this assertion. He stated that in recent years, artificial intelligence has replaced the cryptocurrency industry as the most关注ed technological narrative in the capital market, leading to a shift in funding and investment focus, but this does not mean that Ethereum has lost its competitiveness. On the contrary, after years of scaling and infrastructure development, Ethereum is gradually becoming capable of supporting the next wave of large-scale adoption and is expected to welcome a new growth cycle in the future.
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