Ethereum Foundation publishes mandate clarifying role and goals

5 days ago

The Ethereum Foundation, the non-profit enactment that stewards the improvement of the Ethereum ecosystem, published its mandate connected Friday, reaffirming its relation and the halfway pillars of Ethereum.

The Ethereum Foundation’s 2 stated goals are that Ethereum remains decentralized and that users person a “final say” implicit their onchain assets and data, portion the protocol achieves wide scale, according to the mandate.

Censorship resistance, unfastened root code, privacy, security, and freedom-preserving technology are the halfway properties of Ethereum that volition beryllium upheld, the mandate, the papers said.

EthereumSource: Ethereum Foundation

The Ethereum Foundation said it volition proceed to absorption connected halfway protocol upgrades, “long-horizon research,” cybersecurity, and providing tooling for Ethereum’s developers, portion minimizing its relation arsenic overmuch arsenic possible. The mandate said: 

“Our eventual extremity is for Ethereum to walk the walkaway test: its protocol and halfway exertion layers go robust and trustless capable that they would proceed to reliably relation and germinate adjacent if the Foundation and today’s halfway developers disappeared tomorrow.”

The Ethereum Foundation said it aims to absorption connected tasks that go little indispensable implicit clip done a process of subtraction. 

The mandate follows a challenging twelvemonth for the protocol, with Ethereum co-founder Vitalik Buterin saying that Ethereum’s attack to scaling done layer-2 networks “no longer makes sense,” and that galore L2s are centralized projects. 

Related: AI ‘vibe coding’ could enactment Ethereum roadmap up of schedule: Vitalik Buterin 

Buterin says a drastic alteration successful however Ethereum scales is needed

Buteirn said that galore layer-2 networks diagnostic centralized points of control, including backstage trusted networks and centralized sequencers, and person nary plans to modulation to a afloat decentralized model.

“The archetypal imaginativeness of L2s and their relation successful Ethereum nary longer makes sense, and we request a caller path,” Buterin said successful February. 

Buterin argued that a layer-2 task that boasts a throughput of 10,000 transactions per 2nd (TPS) but relies connected a multi-signature span to interact with the layer-1 protocol is not scaling the Ethereum ecosystem successful a decentralized way.

Instead of acting arsenic scaling layers for Ethereum, the ecosystem’s galore layer-2 networks should specialize successful a niche specified arsenic privacy, individuality solutions, concern platforms and societal media applications, Buterin said, which drew mixed reactions from L2 projects.

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