{"id":72988,"date":"2026-05-24T04:36:03","date_gmt":"2026-05-24T04:36:03","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/a-1-billion-fix-for-ethereum-dev-proposes-a-radical-new-organization-to-save-eth\/"},"modified":"2026-05-24T04:36:03","modified_gmt":"2026-05-24T04:36:03","slug":"a-1-billion-fix-for-ethereum-dev-proposes-a-radical-new-organization-to-save-eth","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/a-1-billion-fix-for-ethereum-dev-proposes-a-radical-new-organization-to-save-eth\/","title":{"rendered":"A $1 Billion Fix for Ethereum? Dev Proposes a Radical New Organization to Save ETH"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">After 9 Ethereum Foundation departures spooked markets, Simon Dedic says the network must next focus on business.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Noting 2 years of unrest over ETH tokenomics, Laura Shin warns the network must next fight for market share.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Amid a leadership void, Dankrad Feist next pitches a $1B alternate group to save Ethereum\u2019s market status.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Ethereum at a Crossroads: Leadership Crisis<\/h2>\n<p>Ethereum, the second-largest <span>cryptocurrency<\/span> project, is now in the spotlight after its foundation lost 9 prominent figureheads, prompting discussions about the organization\u2019s validity in today\u2019s dynamic <span>crypto<\/span> environment.<\/p>\n<p>The departure of at least 9 leaders and investigators at the Ethereum Foundation has worried the community about the lack of leadership the organization has exposed, questioning its role as the era of stewardship of Ethereum comes to an end.<\/p>\n<p><\/p>\n<p>Simon Dedic, Founder and Managing Partner at Moonrock Capital and an early Ethereum supporter, <a href=\"https:\/\/x.com\/sjdedic\/status\/2058137246436327728?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">stated<\/a> that he could not ignore the departure of individuals such as Tim Beiko, Josh Stark, Barnab\u00e9 Monnot, Trent Van Epps, and Carl Beek, calling the situation \u201ca red flag.\u201d<\/p>\n<p><strong>\u201cThe infrastructure circle jerk and the idealistic cypherpunk phase of selling delusional dreams in <span>crypto<\/span> was great and fun, but it\u2019s over,\u201d<\/strong> he concluded, and criticized Ethereum\u2019s lack of business focus.<\/p>\n<p>Laura Shin, host of the Unchained podcast, also stated that Ethereum\u2019s failure to consider <a href=\"https:\/\/branch.wallet.bitcoin.com\/news-contextual-eth\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">ETH<\/a> tokenomics with updates that hurt the <a href=\"https:\/\/news.bitcoin.com\/the-future-of-ethereum-in-a-meme-ultrasound-money\/\">\u201cultrasound money\u201d<\/a> narrative.<\/p>\n<p><strong>\u201cWhen the main offering becomes ideology\/communism and money\/tokenomics\/capitalism are overlooked, the peasants are going to revolt \u2014 as they\u2019ve been doing for two years now,\u201d <\/strong>she <a href=\"https:\/\/x.com\/laurashin\/status\/2057436003216846877?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">assessed<\/a>.<\/p>\n<p>She criticized the Ethereum ecosystem\u2019s \u201crest on its laurels\u201d attitude, as the <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> ecosystem is currently experiencing a fierce battle for adoption and market share.<\/p>\n<p>Dankrad Feist, an Ethereum <a href=\"https:\/\/news.bitcoin.com\/what-is-eip-4844-a-look-at-proto-danksharding-and-its-effect-on-rollup-fees\/\">developer<\/a> and collaborator, floated a proposal to save Ethereum by creating an alternate organization economically aligned with Ethereum. This organization would have an initial funding of at least $1 billion, with a competent leader and a board to make it accountable for its actions.<\/p>\n<p>This new structure would also be self-funded through <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-staking\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">staking<\/a> rewards and a governance network that can adjust the funding level. \u201c<strong>Very hard to imagine now, but I think this is the only way (and it will probably happen, but it might take a long time before it is consensus),\u201d<\/strong> he <a href=\"https:\/\/x.com\/dankrad\/status\/2057441946616930799?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">declared<\/a>.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/a-1-billion-fix-for-ethereum-dev-proposes-a-radical-new-organization-to-save-eth\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways After 9 Ethereum Foundation departures spooked markets, Simon Dedic says the network must next focus on business. Noting 2 years of unrest over ETH tokenomics, Laura Shin warns the network must next fight for market share. Amid a leadership void, Dankrad Feist next pitches a $1B [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":72989,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72988"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72988"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72988\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72989"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}