Joe Lubin responds to Ethereum Foundation layoffs and restructuring: Not a crisis but strategic streamlining

CoinFeed reported on June 7th that Joe Lubin, co-founder of Ethereum and executive at Consensys, recently responded to market controversies surrounding the Ethereum Foundation's budget cuts, staff departures, and organizational restructuring. He stated that these changes are not a crisis, but rather necessary optimizations. In the future, the Foundation will narrow its functions, focusing on maintaining the network's core technology and underlying principles, maintaining absolute neutrality, while ecosystem expansion and institutional partnerships will be handled by other organizations. He denied that Ethereum is in decline, acknowledging that current industry capital is being diverted to AI, but Ethereum's years-long scaling strategy is ready, and new scenarios such as AI-powered on-chain transactions and AI-powered commerce will become the next stage of network growth. Furthermore, the distributed ecosystem management model is more in line with Ethereum's decentralized nature.