On the evening of April 28, 2025, the Ethereum Foundation (EF) released three significant articles in one go, authored by co-founder Vitalik Buterin and chair Aya Miyaguchi, newly appointed co-executive directors Hsiao-Wei Wang and Tomasz Stańczak, as well as the foundation's board of directors. These articles focus on vision reaffirmation, future planning, and governance structure adjustments. This series of actions not only marks a new development phase for EF but also demonstrates a clear strategic transformation intention against the backdrop of multiple challenges faced by the Ethereum ecosystem in terms of technology, market, and community.

Vision Reaffirmation: From "Infinite Garden" to Global Shared Computing Platform

The article "The Vision of the Ethereum Foundation," co-authored by Vitalik Buterin and Aya Miyaguchi, clearly states EF's core mission as the guardian of the Ethereum "infinite garden" ecosystem. Ethereum is positioned as a "global shared world computer," an open, permissionless platform aimed at providing freedom and collaborative capabilities to millions of users worldwide through censorship resistance, open-source innovation, privacy protection, and security. The article emphasizes that EF will avoid becoming a centralized power entity through the principle of "Purposeful Subtraction," promoting ecological autonomy and diversified development.

Specifically, EF has proposed three core objectives:

• Technological Core Progress: Focus on client diversity, zero-knowledge proof (ZK) technology, and core protocol upgrades (such as the Fusaka upgrade scheduled for the end of 2025) to enhance the performance and scalability of Ethereum Layer 1.
• Ecological Autonomy: Encourage spontaneous innovation in the community by funding independent teams and supporting infrastructure development (such as Layer 2 interoperability and privacy technologies).
• Value Guardianship: Uphold decentralization, censorship resistance, and open-source spirit to ensure Ethereum's resilience in a changing market and regulatory environment.

Notably, the article specifically mentions Ethereum's application potential in areas such as internet-native finance (like DeFi), decentralized social media, DAOs, and AI coordination platforms, aiming to "enable institutions to effectively utilize Ethereum," which aligns with Vitalik's emphasis on "meeting mainstream adoption needs" in his 2024 TOKEN2049 speech.

Next Chapter: Strategic Acceleration Under the Co-Executive Director System

In "The Next Chapter of the Ethereum Foundation," newly appointed co-executive directors Hsiao-Wei Wang and Tomasz Stańczak elaborated on EF's action priorities for the next 12 months. The "complementary dual leadership structure" formed by the two is seen as an innovative attempt by EF to respond to the rapid evolution of the ecosystem. Hsiao-Wei Wang has deep experience in Ethereum's core technology, having been deeply involved in the development of the Beacon Chain and the Casper consensus mechanism, and is skilled in protocol layer strategic coordination; Tomasz Stańczak comes from Nethermind, with a background in technology and venture capital, focusing on accelerating the execution of technical infrastructure during his two-year term.

In the coming year, EF's strategic priorities include:

• Layer 1 and Layer 2 Collaborative Optimization: Promote L1 scaling (through Blobs data expansion) and L2 interoperability to enhance transaction throughput (theoretical TPS could exceed 2000).
• Developer Experience Upgrade: Simplify development tools, lower technical barriers, and attract more developers to join the Ethereum ecosystem.
• Privacy and Security Technology R&D: Increase investment in zero-knowledge proof and censorship-resistant technologies to address regulatory pressures.
• Community Empowerment: Support builders in emerging markets (such as Africa) through programs like the EF Fellowship, aiding the goal of "the next billion users."

The two executive directors emphasized that EF will enhance transparency by regularly communicating plans and progress with the community to address past criticisms of insufficient communication. This indicates that EF is attempting to balance technology-driven initiatives with community governance.

Governance Upgrade: The Board's "Security Committee" Role

"The Governance and Board Structure of the Ethereum Foundation" was released by the EF board, publicly outlining its governance framework and member responsibilities for the first time. The board is described as a "security committee," responsible for setting the vision, overseeing strategic decisions, ensuring compliance, and holding the power to appoint and dismiss executive directors. Current board members include:

• Vitalik Buterin: As a technical and thought leader, providing guidance on ecological direction.
• Aya Miyaguchi: After transitioning to chair, focusing on external relations and vision formulation.
• Patrick Storchenegger: Swiss legal advisor, ensuring compliance.
• Hsiao-Wei Wang: Serving as both a director and executive director, acting as a bridge between management and the board.

Additionally, EF's management team includes Bastian Aue (organizational strategy and recruitment) and Josh Stark (project execution and marketing), forming a core team that balances technology and operations. The foundation stated that it will gradually enhance the board's functions to better support Ethereum's long-term sustainable development.

 ​​​​​​​

Analysis: Strategic Game Between Idealism and Market Reality

This comprehensive update from EF is both an internal governance optimization and an external market signal release. From leadership changes to vision reaffirmation, EF is attempting to find a balance between idealism and market reality.

Aya Miyaguchi's transition from executive director to chair marks a generational shift in EF's leadership. The "subtraction philosophy" and "infinite garden" concept promoted by Aya since 2018 have laid the cultural foundation for decentralization in Ethereum, but have also faced community criticism for "lack of competitiveness" and "slow advancement of scaling solutions." The new dual executive director combination demonstrates EF's intention to strengthen its technical and execution capabilities, with Hsiao-Wei Wang's technical background complementing Tomasz Stańczak's market experience, potentially accelerating technological implementation and ecological expansion.

EF's focus on collaborative optimization between Layer 1 and Layer 2, as well as its emphasis on privacy technologies, reflects its clear awareness of Ethereum's performance bottlenecks and regulatory pressures. Especially under the pressure from competing chains like Solana, Ethereum urgently needs to regain market initiative through technological upgrades (such as the Fusaka upgrade) and ecological empowerment.

The board's commitment to transparency and community communication addresses the long-standing dissatisfaction within the community regarding EF's centralized decision-making. This move is not only to quell controversies but also to take a substantial step toward decentralized governance. However, finding a balance between "prudent guidance" and "accelerated execution" remains a significant challenge for EF.

This article represents the author's personal views and does not reflect the stance or views of this platform. This article is for informational sharing only and does not constitute any investment advice to anyone.

Join our community to discuss this event

Official Telegram community: t.me/aicoincn

Chat room: Wealth Group

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。