🪐 Ethereum Foundation steps back, decentralization narrative shifts. Vitalik Buterin clarified on X that he shares authority with the board, with Aya Miyaguchi leading the foundation’s restructuring while he focuses on long‑term tech work. He also signaled that the foundation will shrink its on‑chain footprint to about 0.16% of ETH supply and sell less ETH moving forward. 🧬 The move tightens the story of a permissionless layer‑1, which could buoy sentiment among developers who prize governance neutrality. Yet the loss of a central coordinating body may leave protocol upgrades and ecosystem funding more fragmented at a time when L1 competition is heating up, potentially slowing momentum. The net effect hinges on whether community‑driven councils can match the foundation’s historic efficiency. 👁️‍🗨️ The sharpest takeaway: a leaner foundation removes a single point of control but also removes a proven catalyst for rapid, coordinated progress. ⚠️ Personal analysis only. Not financial advice. DYOR. #TetherBailsOutDrift #DeFi #CryptoGovernance#VitalikOnEFSales