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Ethereum co-founder Vitalik Buterin says the network is prioritizing decentralization over speed while positioning itself for wider adoption. The Ethereum Foundation (EF), having faced criticism in recent years, will change its approach to governance. Meanwhile, the Ethereum price rebound continues, with bulls maintaining weekly gains of 1.5%.
In a recent X post, Buterin addresses lingering issues regarding centralization, scalability, and privacy. According to him, the Foundation is not the center of the network but just one node, addressing the issue of central control.
Previously, some developers have urged the EF to take greater control of the roadmap implementation. On the other hand, users criticized this approach as being overly centralized for a blockchain meant to lead decentralized finance (DeFi).
In his view, the Foundation should be just a node with a defined purpose within the ecosystem. This is important to maintain the decentralized structure compared to other networks. EF holds only 0.16% of ETH while networks with central foundations hold 10-50%.
“Fiscally, the EF was originally designed to fulfill a limited work scope defined in the token sale docs and other pre-launch materials (building the chain software; getting through Frontier, Homestead, Metropolis, Serenity), which was fully completed in 2022; it was not designed to be an eternal steward. And so today, the EF is choosing to use its remaining resources to pursue longevity over breadth…”
 
Decentralization is at the core of blockchains and a major driver of adoption. Without a central authority like large traditional institutions, users argue it’s a step away from government control. However, new rules and centralized adoption of assets by institutions can blur the lines.
This approach means EF will reduce asset sales going forward, a move away from a strategy that attracted backlash last year. Buterin expects this process to take a few months, insisting the network must be impressive. While overall scalability is expected, decentralization is more important to prevent “mediocrity.”
Buterin’s views align with many in the community, given Ethereum’s standing among altcoins. The network hosts the largest decentralized applications and is a major entry point for most users.
If Ethereum properly aligns with these goals, it could be better placed for wider adoption as the market recovers. Crypto assets are moving sideways, with top coins posting conservative gains of under 2% over the past 14 days.