The Ethereum community is once again debating the future of the Ethereum Foundation (EF) after co-executive director Hsiao-Wei Wang announced she would step down from her leadership role, the latest in a growing list of departures that have intensified scrutiny of the organization's management and direction.
Wang, a longtime Ethereum researcher and one of two co-executive directors appointed earlier last year as part of a leadership restructuring, said she would return to a more research-focused role. Her departure comes during a period of significant change at the Switzerland-based nonprofit that helps coordinate Ethereum's research, development and ecosystem initiatives.
At least eight other senior members have left the Foundation in the past five months, prompting renewed debate about internal governance, organizational culture and whether the EF remains equipped to guide Ethereum through an increasingly competitive blockchain landscape.
The departures also come as the foundation has unveiled a new strategic framework known as "CROPS," an acronym standing for cypherpunk values, resilience, open-source development, permissionlessness and security. Foundation leaders presented the framework as a way to clarify the EF's mission and reinforce Ethereum's core values as the ecosystem becomes increasingly decentralized. Supporters viewed it as a reaffirmation of Ethereum's founding principles, while critics argued it did little to address concerns about execution, organizational effectiveness and the network's competitive position.
Among the most vocal critics was former Ethereum researcher Dankrad Feist, who suggested the recent spate of executive departures reflected deeper management issues rather than disagreements over strategy.
"The people who are leaving the Ethereum Foundation are CROPS believers," Feist wrote on X. "The problem isn't with the strategy, it's with management."
Feist's comments were notable because they challenged the prevailing idea that recent departures stemmed from dissatisfaction with the foundation's new direction. Instead, he argued that many of those leaving supported the CROPS vision itself, making the loss of talent a reflection of leadership shortcomings rather than ideological disagreements. "The exodus of talent is truly bearish for Ethereum, sadly," he added.
Other community members echoed concerns about the Foundation's internal dynamics. "It makes me sad to see the dysfunction at the Ethereum Foundation," head of engineering at Coinbase Yuga Cohler wrote on X.
The latest round of discussions comes also as Ethereum faces mounting pressure from rival blockchains and persistent criticism from some community members who argue the network has struggled to translate its technological leadership into stronger market performance. While Ethereum remains the dominant smart-contract platform by many metrics, questions about the foundation's role and effectiveness have become a recurring topic during recent market downturns.
Prominent Ethereum community member DCinvestor argued that the EF's research and development functions should eventually be separated from its ecosystem development activities and overseen through a structure resembling an industry consortium.
"Having this function sit alongside ecosystem dev has created several instances of conflicts of interest at best and suboptimal protocol progress misaligned with market demands at worst," he wrote on X.
Despite acknowledging a few concerns raised by recent departures, he maintained that Ethereum itself remains resilient regardless of the Foundation's challenges.
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