Due to the Ethereum Foundation’s continuous failure to meet the expectations of the community, coupled with the radical remarks made by its founder, Vitalik Buterin, last night, a foundation called Second Foundation has quietly emerged. It is reported that this organization was created by Konstantin Lomashuk, the founder of Lido, with the goal of strengthening support and development for the Ethereum ecosystem.

After the news was released, many people claimed that Ethereum has finally been “CTO-ed” or taken over by the community.

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