![[NEWS] Ethereum Foundation to implement five organizational changes, reveals Buterin](/_next/image?url=https%3A%2F%2Fimages.microcms-assets.io%2Fassets%2F7819a9cf917e4bcd862bfa2ff5f14d24%2F41d26c8c698c4d1488e9e476e74576b8%2FVitalikSMN6.jpg&w=3840&q=75)
Vitalik Buterin, co-founder of Ethereum (ETH), revealed on the 19th that the Ethereum Foundation is currently undergoing organizational reforms. He said that some reforms have already been made, and that more will be done in the future.
According to Buterin, the series of organizational reforms have been in the works for a year. Specifically, they are working on the following:
On the other hand, they will avoid lobbying regulators and prominent politicians, Ethereum becoming a place of vested interests, and Buterin taking a "main character" position in the ecosystem. In particular, lobbying "risks threatening Ethereum's position as a globally neutral platform," and emphasized his negative view.
However, Buterin said that the vision of the Ethereum Foundation remains unchanged, and that "we welcome the establishment of independent organizations by people who seek different goals."
As reforms at the Ethereum Foundation continue, the implementation of a major upgrade called "Pectra" is drawing nearer.
On the 16th, Ethereum core developers agreed to implement Pectra within March. The upgrade will first be verified on a testnet in February, and then implemented on the mainnet if there are no problems.
The upgrade is expected to include a wide range of improvements, including increased efficiency for the Ethereum network and an increase in the upper limit of staking.
Reference: Buterin's X
Image: Iolite photography and creation
Ethereum's major upgrade "Pectra" to be implemented as early as March