Ethereum ecosystem fully upgraded: from developers to governments, expanding four pillars towards a decentralized future

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ABMedia
07-11
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Over the past decade, Ethereum has been a laboratory for blockchain technology, bringing together global developers, geeks, and innovators. However, Ethereum has now far exceeded its early technical circle, attracting the attention of enterprises, governments, non-profit organizations, and even general users. They are not just curious about the technology, but eager to find tools that can solve real-world problems. To respond to this role transformation, the Ethereum Foundation (EF) announced a significant organizational and strategic adjustment, elevating its Ecosystem Development (EcoDev) program to a new level. [The rest of the translation follows the same professional and accurate approach, maintaining the original structure and meaning while translating to English.]

In addition to direct subsidies, the foundation will also collaborate with other organizations to jointly fund public projects that have long-term significance for the entire Ethereum ecosystem, such as infrastructure, security research, or open-source legal compliance tools.

For teams that have been spun off from the foundation or other organizations requiring operational guidance, the dedicated Launchpad team will provide in-depth assistance including governance design, sustainable funding planning, and operational structure optimization, helping them continue to grow strong after leaving their parent organization.

Fourth Pillar: Removing Global Barriers to Bring Ethereum to Every Corner

For Ethereum to truly become a global public resource, the influence of policies, regulations, and the academic community cannot be ignored. The foundation has already established multiple long-term work lines focused on policy advocacy, government relations, and academic cooperation.

The policy team will continuously track global legislative and regulatory trends, proactively intervene in negotiations and advocacy, and seek policy spaces friendly to Ethereum. Meanwhile, the dedicated institutional secretariat is establishing long-term cooperative relationships with governments and international organizations, striving for positive dialogue and collaborative projects.

In the academic realm, the foundation will promote blockchain fundamental research and experimental projects through collaborations with universities and research institutions, enabling more scholars and students to participate in this open-source revolution and apply theoretical achievements to practical applications.

This ecosystem upgrade led by the Ethereum Foundation is not just an internal structural adjustment, but a public commitment to the entire ecosystem's future direction. The foundation clearly states that their role is not to "control" the ecosystem, but to "fill in the gaps" - becoming a promoter and supporter in areas where no one is willing or capable of intervening.

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Risk Warning

Cryptocurrency investment carries high risks, and prices may fluctuate dramatically. You may lose all your principal. Please carefully assess the risks.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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