Ethereum schism crisis? The Second Foundation community is booming, VanEck: EF is not the only one who can write the future of ETH

Yesterday (22), the Ethereum Second Foundation, which received a lot of discussion in the community, was mentioned by VanEck executives: it is not only the Ethereum Foundation that can write the future of Ethereum. (Background: The community pressured the directors of the Ethereum Foundation to step down, and Vitalik angrily stated: the decision-making power is in my hands, outsiders shut up) (Background: V's emergency reorganization of the Ethereum Foundation! Aave suggested that members who did not give their all should roll out, implying?) The performance of Ethereum's Bull Marketcoin in this round was unsatisfactory, coupled with the continuous dumping by the Ethereum Foundation (EF), the community's dissatisfaction with the foundation has been escalating recently. Against this background, Vitalik Buterin, co-founder of Ethereum, who rarely commented on the operation of the foundation, has also been frequently making statements in recent days, indicating a major reform of the leadership structure of the Ethereum Foundation, exploring solutions to the foundation's coin selling needs through stake, attempting to save Ethereum's decline and calm the anger of the community. Ethereum Second Foundation online? To make matters worse, Ethereum's core developer and co-author of EIP-1559, Eric Conner, officially announced his withdrawal from the Ethereum community on the 21st and will focus on the integration of cryptocurrency and AI in the future, indicating a chain reaction seems to be happening. However, it is worth noting that late yesterday (22), a project called the Second Foundation (Ethereum Second Foundation) unexpectedly launched on X, and within two hours it received over 160,000 views and over 5,000 subscriptions. Although Second Foundation on X has not yet disclosed basic information such as an official website, careful netizens have discovered that Konstantin Lomashuk, the founder of the EthereumLiquiditystake solution Lido, was the first to retweet the first tweet from Second Foundation, accompanied by an expression indicating follow, which has led the community to speculate that Second Foundation may have been established under the leadership of Konstantin Lomashuk. - Konstantin Lomashuk cyber/acc (@Lomashuk) January 22, 2025 A few hours later, Konstantin Lomashuk issued a statement stating: In fact, the Second Foundation has not yet been established. Ethereum is the ultimate world computer, and every Ethereum enthusiast can help it grow, evolve, and succeed. If the second foundation is really established, it must have a clear goal to complement the enormous work of current contributors. VanEck executive: It is not only the Ethereum Foundation that can write the future of Ethereum. At the same time, Matthew Sigel, head of digital asset research at asset management company VanEck, also stated in a post yesterday that it is not only the Ethereum Foundation that can write the future of Ethereum, implying recognition of the Ethereum Second Foundation. No reason why Ethereum Foundation is the only entity that can write the future of Ethereum - Matthew Sigel, recovering CFA (@matthew_sigel) January 22, 2025 In addition, Justin Sun, the founder of the public chain TRON, recently stated that if he were to lead the Ethereum Foundation, the price of ETH would soar to $10,000, and it would surpass $4,500 in the first week. Sun also proposed his first week plan if he were to lead the Ethereum Foundation, including: Immediately stop dumping ETH and optimize revenue: stop selling ETH for at least three years, operational costs will come from Aave borrowing, stake income, and Stable Coin lending; Immediately impose heavy taxes on Layer2 solutions: all Layer2 networks will be heavily taxed to ensure that Ethereum generates at least $5 billion in tax revenue annually and use these funds to repurchase ETH and destroy it; Streamline the foundation: significantly reduce staff and retain only the most capable members, and give them a raise; Adjust Node rewards and increase fee destruction: Node rewards will be reduced, and the fee destruction mechanism will be given more emphasis, which will keep Ethereum in long-term deflation and consolidate its position as a store of value tool. If EF and Ethereum Were Under My Leadership "#ETH to $10,000" My First Week Plan 1. Halt ETH Sales immediately and Optimize Revenue EF will immediately cease selling ETH for at least three years. Operational costs will be covered through AAVE lending, staking yields, and... - H.E. Justin Sun (@justinsuntron) January 22, 2025 Related reports Ethereum Foundation in dire straits, how to bail-in? V hints that the Ethereum Foundation is "very important": technology funds should encourage Open Source and suppress closed, predatory attitudes Ethereum newsletter "WeekInEthNews" ceases operation, founder helpless: Ethereum Foundation says we have no value Split crisis in Ethereum? Second Foundation community becomes popular, VanEck: not only EF can write ETH's future" This article was first published in BlockTempo, the most influential blockchain news media in the dynamic zone.