Ethereum Foundation key member Justin Drake: It is a good thing that EF's role in the entire ecosystem is decreasing

ChainCatcher news, recently, an important member of the Ethereum Foundation, Justin Drake, was a guest on the OKX Web3 and ChainCatcher launched column "Developer Stories," where he delved into various topics such as the technical improvements of Ethereum 2.0, consensus mechanisms, scalability, security, DeFi, user experience, ecosystem, environmental impact, and future development and strategy. He mentioned that in promoting ecological development, the EF (Ethereum Foundation) is often seen as "governing by doing nothing," a style that has faced some controversy. He believes that the diminishing role of the EF in the entire ecosystem is a good thing. Justin Drake stated that nowadays, the responsibilities of the EF are mainly limited to:

• 1) Hosting one Devcon or Devconnect each year; they are now just one of many conferences, and there are many peripheral activities that are more important than the main venue.
• 2) An execution client: Geth, one of the five execution clients, but the EF does not maintain any consensus clients.
• 3) Providing funding: Offering tens of millions of dollars in unconditional funding to the broader community each year, which has led to a decrease in the EF's ETH financial reserves. In the long term, a reduction in the Ethereum Foundation's ETH holdings is a good thing; the EF currently controls 0.23% of the ETH supply, and bringing this number close to 0% over the next few decades is healthy, as it promotes the decentralization of the Ethereum ecosystem.
• 4) Call coordination: Many conference calls are hosted by EF members, such as All Core Devs (ACD) hosted by Tim Beiko, All Devs Consensus (ACDC) hosted by Alex Stokes, RollCall hosted by Ansgar Dietrichs and Carl Beekhuizen, Sequencing and pre-meetings hosted by himself, and MEV-boost conference calls hosted by Alex Stokes.
• 5) Research: This may still be one of the centralized areas, but it is possible that some EF research teams will become independent.
• 6) Roadmap formulation: Vitalik updated the roadmap illustration, and then dozens of tasks are being developed in parallel by different teams.