Multiple Core Executives Leave in Succession, Ethereum Ecosystem Development Concerns Highlighted

marsbitPublished on 2026-05-21Last updated on 2026-05-21

Abstract

Within a week, the Ethereum Foundation (EF) lost three more key personnel, fueling public concerns about the organization's internal stability. Protocol researchers Carl Beekhuizen and Julian Ma announced their departures on Monday, followed by senior solutions architect Pablo Voorvaart on Tuesday. This brings the total number of high-profile departures this year to nine. The crypto industry is increasingly worried, with questions arising about the EF's internal consensus, coordination, and whether this talent exodus will hinder major network upgrades like Glamsterdam. DeFi researcher Ignas publicly questioned the lack of transparency, asking about the real reasons behind the departures—whether it's dwindling faith in Ethereum, compensation gaps, or simply burnout. Community reactions are mixed. Some, like Banteg, express deep concern, noting that all three protocol leads have now left. Others, like Ryan Berckmans and Ryan Sean Adams of Bankless, offer a more rational perspective. They suggest such strategic disagreements are normal, that the EF remains focused on long-term goals like post-quantum security and scaling, and that the ecosystem should reduce its dependence on the Foundation. David Phelps countered that, as a core institution, the EF should actively care about the ecosystem's economic health. This wave of departures follows earlier signs of turmoil. Former co-Executive Director Tomasz Stańczak left in February, and a controversial move in March requiring staff...

​Authored by: Aakash Girimath

Compiled by: Saoirse, Foresight News

This week, the Ethereum Foundation (EF) lost three more core senior personnel. This wave of large-scale departures has increasingly led to public questioning regarding the internal stability of the organization. Protocol researcher Carl Beekhuizen and Julian Ma announced their resignations on Monday, followed by senior solution architect Pablo Voorvaart, who formally departed on Tuesday.

The number of personnel departures this year has reached nine, causing significant concern across the crypto industry. Industry insiders are questioning the Ethereum Foundation's internal consensus and coordination capabilities, while also worrying that this brain drain of core talent may hinder the advancement and implementation of key network upgrades like Glamsterdam.

DeFi researcher Ignas voiced the community's sentiment on social platform X, criticizing the foundation's lack of transparency: "What is happening inside the Ethereum Foundation? How many more unreported departures are there? What are the real reasons behind them? Do professionals no longer see promise in the Ethereum ecosystem, is the industry salary gap too large, or is the team burned out? The public wants to know the truth."

Polarized Community Reaction: Concern vs. Rational Calm

Many within the Ethereum community are deeply concerned about the negative impacts of these core departures. Community figure Banteg bluntly stated that all three protocol leads at the Ethereum Foundation have now left, sharing an annotated internal organizational chart to illustrate the situation.

However, many practitioners are taking a calm view of these personnel changes, even suggesting the Ethereum ecosystem should reduce its reliance on the Ethereum Foundation. Community investor Ryan Berckmans believes differing opinions within the team regarding development strategies and institutional planning are normal. The Ethereum Foundation remains focused on the ecosystem's long-term development, emphasizing post-quantum security technology and on-chain scaling. This turnover, he suggests, is merely a normal and healthy transition of fresh blood replacing veterans in the industry, and not a cause for excessive panic.

Similarly, Bankless's Ryan Sean Adams stated that the Ethereum community cannot solely depend on the Ethereum Foundation. He believes the market needs organizations dedicated to driving up the value of ETH assets, willing to speak out and execute decisively—something the Ethereum Foundation has consistently failed to do and is unlikely to change in the future.

David Phelps offered a different perspective, arguing this view is unreasonable: just as a head of state cannot ignore national economic and livelihood issues, as a core institution of the industry ecosystem, the Ethereum Foundation should prioritize the overall economic health and market development of the ecosystem.

Large-Scale Brain Drain Appears to be an Established Trend

This concentrated wave of departures was foreshadowed. In February of this year, former Ethereum Foundation co-Executive Director Tomasz Stańczak formally stepped down. The Ethereum Foundation has been mired in internal turmoil throughout 2024, with many core industry practitioners dissatisfied with its management style and full of doubts about the future direction of the Ethereum public chain. Tomasz Stańczak had, for a time, stabilized the situation and reversed the Foundation's decline during his tenure.

In March, the Ethereum Foundation requested all employees to sign the Cypherpunk Manifesto, sparking strong dissatisfaction across the online community. Under immense public pressure, the Foundation ultimately rescinded this controversial requirement.

Apart from the recent departures, several veteran core members had already left earlier this year. These include P2P Network Lead Raúl Kripalani, Operations Lead Josh Stark, Protocol Guild Founder Trent Van Epps, and Protocol Cluster Leads Barnabé Monnot and Tim Beiko. Another senior member, Alex Stokes, remains with the Foundation but is currently on planned leave.

All these departing individuals have years of deep involvement in the Ethereum ecosystem, holding significant industry experience and technical resources. Among them, Carl Beekhuizen served the Foundation for seven years, deeply involved in the early construction of the Beacon Chain and the design of the KZG ceremony; Julian Ma served for four years, leading the writing of the anti-censorship protocol FOCIL (EIP-7805) and spearheading the implementation of the 13-second block finality rule; Pablo Voorvaart, with four years of dedicated service, was fully responsible for the operations of the core teams behind the Ethereum Developer Conference Devcon and the Application Scenario Lab.

The Ethereum Foundation confirmed in its latest protocol update that the Glamsterdam testnet is now officially live, and preparations for the next Hegotà network upgrade are progressing steadily.

Related Questions

QHow many core Ethereum Foundation (EF) executives left their positions recently, and what is the total number of departures this year as mentioned in the article?

ARecently, three core Ethereum Foundation executives left: protocol researchers Carl Beekhuizen and Julian Ma, and senior solutions architect Pablo Voorvaart. The total number of departures mentioned for this year is nine, with a tenth senior member, Alex Stokes, currently on planned leave.

QWhat are the two primary concerns raised by the crypto community regarding the Ethereum Foundation's internal situation?

AThe crypto community's primary concerns are questioning the Ethereum Foundation's internal consensus and coordination capabilities, and worrying that this exodus of core talent will hinder the progress of network upgrades like Glamsterdam and future projects.

QAccording to the article, what contrasting viewpoints do Ryan Berckmans and Ryan Sean Adams (from Bankless) have about the Ethereum Foundation's role?

ARyan Berckmans views the personnel changes as a normal, healthy transition of new blood replacing veterans, and believes the EF is still focused on long-term ecosystem development like post-quantum security and on-chain scaling. In contrast, Ryan Sean Adams argues the Ethereum community should not overly rely on the EF, stating the market needs organizations more aggressively focused on driving ETH's value, which the EF has not and likely will not do.

QWhat controversial internal action did the Ethereum Foundation take in March, as described in the article?

AIn March, the Ethereum Foundation required all employees to sign the Cypherpunk Manifesto, which sparked strong public backlash from the community. Due to the significant pressure, the Foundation ultimately revoked this requirement.

QWhat significant contributions did the recently departed executives Carl Beekhuizen and Julian Ma make to the Ethereum ecosystem?

ACarl Beekhuizen, who worked at the EF for seven years, was deeply involved in the early construction of the Beacon Chain and the design of the KZG ceremony. Julian Ma, who was there for four years, led the authorship of the anti-censorship protocol FOCIL (EIP-7805) and spearheaded the implementation of the 13-second block fast confirmation rule.

Related Reads

Bankless Founder Sells Off ETH, Collective Collapse of Ethereum Faith

Ethereum faces a "crisis of faith" as David Hoffman, co-founder of the prominent pro-Ethereum media outlet Bankless, announces he has sold all his ETH. This move, coupled with reports of major layoffs at Bankless, signals a potential retreat of Ethereum's staunchest supporters. Hoffman and co-founder Ryan Sean Adams confirm Bankless is entering a "second era," with Adams stepping back and Hoffman exploring new frontiers. Hoffman sharply criticizes the Ethereum Foundation, stating that ETH's poor price performance cannot be separated from its leadership. He has a history of public dissatisfaction, citing the Foundation's failure to drive market growth and its "endless manifestos." His frustration coincides with ETH/BTC hitting multi-month lows and a significant exodus of senior researchers and executives from the Ethereum Foundation, partly attributed to controversial "loyalty oaths." The article contrasts Ethereum's current predicament—with its Layer-2 narrative discredited and ecosystem stagnant—against what should have been a highlight year in 2026 amid tokenization trends. While a previous surge to near $5,000 was driven by corporate buybacks (DAT热潮), ETH has since fallen over 50%. The core question remains: with fading faith and intense competition, what is Ethereum's next solution? Hoffman's divestment symbolizes a growing disconnect between the community and the ecosystem's direction.

Odaily星球日报23m ago

Bankless Founder Sells Off ETH, Collective Collapse of Ethereum Faith

Odaily星球日报23m ago

a16z Invests Heavily with $356 Million in HYPE, Surpassing Paradigm to Become the Largest External Holder

On May 21st, HYPE surged past $59, reaching a new high since September 2025, with a market cap nearing $150 billion. Analysts attribute the rally to a short squeeze and significant ETF inflows. The launch of two U.S. spot ETFs for Hyperliquid has driven substantial capital, with their inflows at times surpassing those of Bitcoin and Ethereum ETFs. Major institutions are actively accumulating HYPE. Venture firm a16z has become the largest external holder with a $356 million position, surpassing Paradigm. Other firms like Goldman Sachs, Grayscale, and Galaxy Digital have also made large purchases, with Goldman reportedly selling portions of its XRP, ETH, and BTC holdings to buy HYPE. Bitwise CIO Matt Hougan calls HYPE one of the most "mispriced" assets, arguing its valuation should reflect Hyperliquid's broader platform beyond just a perpetual DEX token. The protocol generates substantial real revenue, using 97% of fees to buy back and burn HYPE. Its expansion into RWA commodities and prediction markets has driven user growth and transaction volume, now commanding about 70% of the on-chain perpetual DEX market. However, this rapid growth faces challenges. Traditional exchanges CME and ICE are pressuring the CFTC to regulate Hyperliquid, citing concerns over its impact on global commodity benchmarks. Concurrently, some major market makers have withdrawn significant liquidity from the platform. With HYPE up over 125% year-to-date, operational risks are rising. Large holders are reportedly hedging with sizable short positions. The regulatory outlook from the CFTC remains a key uncertainty, adding another layer to the ongoing battle over the future of on-chain finance.

链捕手24m ago

a16z Invests Heavily with $356 Million in HYPE, Surpassing Paradigm to Become the Largest External Holder

链捕手24m ago

Silicon Valley AI Landscape Shifts: Karpathy Jumps Ship, Musk Steps In, Son Left Holding the Fort

Silicon Valley's AI landscape is shifting as key talent moves and financial pressures mount. Andrej Karpathy, a prominent AI researcher and former OpenAI co-founder, has announced he is joining competitor Anthropic full-time. His departure highlights a talent drain at OpenAI, where most of the original founders have now left. Karpathy, known for his engineering work at Tesla, is expected to help Anthropic develop more efficient model training methods using its Claude AI, challenging OpenAI's current compute-intensive approach. The move coincides with diverging financial paths for the two AI giants. Anthropic is reportedly on track to post its first quarterly profit with $10.9B in sales, while OpenAI, despite a massive $852B valuation and a recent $122B funding round led by SoftBank's Masayoshi Son, faces significant compute costs and potential heavy losses as it pushes for a rapid IPO. Son has invested over $60B in OpenAI, a concentrated bet that has drawn internal criticism over its risk, reminiscent of SoftBank's past losses on WeWork. Elon Musk, an OpenAI co-founder turned rival, is also influencing the dynamic. After losing a lawsuit against OpenAI, Musk's SpaceX leased its massive "Colossus 1" computing center, equipped with over 220,000 Nvidia GPUs, to Anthropic in a deal worth $40-45B. This provides Anthropic with crucial computational resources while pressuring OpenAI. The developments signal a consolidation where only well-capitalized players can compete in foundation model training. The focus is shifting from pure research to commercial viability, cost-efficient engineering, and strategic resource allocation, with companies like Anthropic finding success by focusing on profitable enterprise applications like code generation.

marsbit28m ago

Silicon Valley AI Landscape Shifts: Karpathy Jumps Ship, Musk Steps In, Son Left Holding the Fort

marsbit28m ago

Trading

Spot
Futures

Hot Articles

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of ETH (ETH) are presented below.

活动图片