The Ethereum Foundation (EF), as the core supporting organization of the Ethereum ecosystem, has been positioned as a non-profit organization to fulfill its mission since its establishment in 2015. The organization promotes ecological development through three core functions: providing financial support for innovative research and development at the protocol level, building a diversified ecological growth engine, and conducting global technology advocacy and public education. Its governance structure adopts a streamlined three person executive board model, with Ethereum co-founder Vitalik Buterin as a key member involved in decision-making.
In terms of operational philosophy, the foundation has innovatively proposed a dual track concept of long termism and subtraction principle: the former requires evaluating the value of technology on a century by century cycle, breaking through the short-term performance framework of traditional commercial institutions; The latter emphasizes the use of institutional self-restraint to curb the expansion of organizational power, including actively reducing management authority and resisting bureaucratic tendencies. This unique governance model ultimately serves its fundamental purpose – to gradually detach the Ethereum network from dependence on the foundation itself through continuous decentralized empowerment, and ultimately become an open ecosystem jointly led by the global community.
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