Ethereum creator Vitalik Buterin outlined his personal view on where the Ethereum Foundation is heading, offering clarity amid a wave of recent departures from the organization. On the exits, he stated that respected contributors sitting outside the EF, and it is "in fact necessary if we want important tasks to be able to attract outside capital."

Vitalik says the EF's original mandate, building chain software through the Serenity roadmap, was completed in 2022 with The Merge. He added that the EF will sell less ETH as it focuses only on work critical to Ethereum's resilience. It currently holds just 0.16% of all ETH. The board is also expanding and Buterin's own influence will continue to shrink, something he says he genuinely wants.

On the technical side, Buterin outlines three north stars, all on the CROPS dimension: building a provably bug-free Ethereum via AI-assisted formal verification; keeping available chain consensus; and minimizing intermediaries via FOCIL, EIP-8141, and Kohaku. He revealed that 90% of his net worth is in ETH, which he called the most high-value financial product that Ethereum produces.

The post lands amid the most concentrated wave of EF departures in years. Tim Beiko and Barnabé Monnot stepped down from protocol leadership on May 11, and Carl Beek announced his departure on May 19 alongside researcher Julian Ma.

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