Bankless Co-founder David Hoffman stated that the Ethereum Foundation (EF) is intentionally creating a "power vacuum" to allow new organizational structures to emerge and influence the future direction of Ethereum. He believes that the path represented by eth.labs holds the most promise for Ethereum's future and announced his continued support for its development. This statement follows Hoffman's prior public declaration of having sold all his ETH, asserting that the "ETH is Money" narrative had largely been realized and that the success of the Ethereum network might not be fully reflected in ETH's asset price.
#crypto #blockchain #news
Blockchain Report
npub1cg…nmysr
2026-06-23 04:04:47 UTC
Author Public Key
npub1cg2ejqexhx88llcve0yxts2exv5q9k0a88l69q0vp7y5n0f2xyfscnmysrPublished at
2026-06-23 04:04:47 UTCEvent JSON
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"content": "Bankless Co-founder David Hoffman stated that the Ethereum Foundation (EF) is intentionally creating a \"power vacuum\" to allow new organizational structures to emerge and influence the future direction of Ethereum. He believes that the path represented by eth.labs holds the most promise for Ethereum's future and announced his continued support for its development. This statement follows Hoffman's prior public declaration of having sold all his ETH, asserting that the \"ETH is Money\" narrative had largely been realized and that the success of the Ethereum network might not be fully reflected in ETH's asset price.\n\n#crypto #blockchain #news ",
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