Blockchain Researcher Defends Ethereum Foundation, Says It’s ‘Exactly’ Doing Its Job
Summary
Blockchain researcher William Mougayar has defended the Ethereum Foundation against recent criticism, clarifying that the organization's role is to act as a protocol steward rather than a marketing department. Mougayar emphasizes that the asset (ETH), the infrastructure (Ethereum), and the Foundation are distinct entities. He argues that the Foundation's current path is focused on decentralization and hardening the protocol so that it eventually becomes less reliant on the organization itself. Critics who demand that the Foundation focus on ETH price performance or marketing are, according to Mougayar, fundamentally misunderstanding its non-profit mandate to fund research and technical development.
(Source:Cointelegraph)