Ethereum Foundation defender says critics miss its real job
The post Ethereum Foundation defender says critics miss its real job appeared on BitcoinEthereumNews.com. Blockchain researcher William Mougayar defended the Ethereum Foundation after months of criticism over ETH sales, unstaking activity, and limited public communication. Summary William Mougayar said critics misread the Ethereum Foundation by treating it like a marketing team. Recent Foundation sales to BitMine totaled 25,000 ETH across three OTC deals lately. Separate reports showed 38,305 ETH unstaked from Lido and earlier queues during recent treasury moves. Mougayar said critics often judge the Ethereum Foundation by the wrong standard. In his X post titled “Leave the Foundation Alone,” he argued that the group serves the protocol rather than ETH’s market price. He said ETH, Ethereum, and the Ethereum Foundation are separate parts of the ecosystem. He described ETH as money, Ethereum as shared compute, and the Foundation as a non-profit working to reduce its own role over time. E