Due to the Ethereum Foundation’s continuous failure to meet the community’s expectations and coupled with the radical remarks made by its founder, Vitalik Buterin, a foundation named Second Foundation has quietly emerged. It is reported that this organization was created by Konstantin Lomashuk, the founder of Lido, with the aim of strengthening support and development for the Ethereum ecosystem.
Following the release of this news, many people have claimed that Ethereum has finally been “CTO” (Community take over), meaning it has been taken over by the community.