Mastering 30% of Lido's Nodes will compete with the Ethereum Foundation? Founder clarifies no intention to establish a second foundation

Recently, Konstantin Lomashuk, co-founder of Ethereum's stake protocol Lido, established a Twitter account named Second Foundation. This led many to believe that the 30% Node control of Ethereum by the stake protocol was going to rebel and form the second foundation of the Ethereum ecosystem. Konstantin Lomashuk realized that the problem was more serious than imagined and quickly clarified that the Twitter was just for Twitter and he did not actually intend to establish a foundation in the Ethereum ecosystem.

Ethereum community is in a split, with core developers leaving.

The success of Solana has caused a split in the Ethereum community, and Vitalik Buterin has urgently stated that he will reform the Ethereum Foundation. Recently, Eric Conner, a core developer of Ethereum, wrote a long article reviewing his initial feelings about Ethereum and his experiences along the way. However, in the end, he also expressed that he is no longer a .eth.

Co-founder of Lido protocol reportedly establishes second foundation and confronts EF

This may be a fuse, and the community is becoming more and more distrustful of Ethereum. Even pointing the finger at the director of the Ethereum Foundation, 宮口あや.

(Community forces Ethereum Foundation director Ayako Miyaguchi to resign, Vitalik angrily retorts: The decision-making power is in my hands!)

At this time, Konstantin Lomashuk, co-founder of Lido, a stake protocol on Ethereum, established a Twitter account called Second Foundation. It seems that he wants to establish a second foundation for the Ethereum ecosystem to regain influence. Lido protocol is the largest stake protocol on Ethereum, controlling nearly 30% of Ethereum Nodes. Therefore, it is not unreasonable for Konstantin Lomashuk to come forward to establish a foundation.

Konstantin Lomashuk clarifies that he has no intention of establishing a foundation

Konstantin Lomashuk realized the seriousness of the situation and quickly came forward to clarify:

This is just a post, and there is no real establishment of a second foundation. Ethereum is the ultimate world computer, and every Ethereum user can help it grow, develop, and succeed. If the second foundation needs to be established, it must have a clear goal to fill the current contributors' massive work. I appreciate everyone's support and believe that we need more organizations to contribute to Ethereum. After talking to those who lend a hand, I will follow up on the idea.

Lido lays its cards on the table, aligning with Vitalik in the Ethereum political struggle.

In fact, there were many voices before who believed that Lido controlling 30% of the Nodes is a symbol of centralization, but Ethereum's attitude is to intervene as little as possible. Before establishing the second foundation, Konstantin Lomashuk retweeted Vitalik's post, which said:

The future of the world's computers is decentralized. The Ethereum Foundation is just a part of the world computer. Perhaps the organization that some people want to reform is not the Ethereum Foundation, but Consensys (or other similar organizations). The Ethereum Foundation should not change midway.

Implicitly, the Ethereum Foundation does not consider business as the top priority and Konstantin Lomashuk's retweet seems to directly declare a position in Ethereum's political maneuvering.

This article 30% Node's Lido will compete with Ethereum Foundation? Founder clarifies that he has no intention of establishing a second foundation. It first appeared on ChainNews ABMedia.