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Jun 26, 2026,
Bankless co-founder Ryan Sean Adams said this week that Ethereum’s challenge is not money but delivery, as the Ethereum Foundation moves through the most significant restructuring in its history. “There’s actually an execution crisis in Ethereum,” Adams said on the weekly Bankless rollup, pushing back on the framing that the protocol faces a funding gap. He compared the situation to “a shipping crisis,” asking, “What’s the point of funding incompetent shipping?” Inside The Foundation Cuts The Ethereum Foundation announced it had eliminated 54 positions, roughly 20% of its 270-person workforce, and reduced its 2026 budget by about 40%. Vitalik Buterin…
