Foundations doing subtraction, founders stepping back, protocol autonomy—this is true long-term decentralization; short-term selling pressure is just noise.

William Mougayar defends the Ethereum Foundation, emphasizing that ETH, the Ethereum network, and the Foundation are three separate entities. The Foundation is a non-profit organization promoting protocol development, with goals including making founders less important; the Foundation takes a subtractive approach, focusing on protocol upgrades, funding grassroots research, and reducing centralized influence. Recently, it has been criticized for selling ETH, unstaking, and poor communication. This month, it completed its third OTC sale of approximately 25k ETH, worth about $47 million, and has unstaked over 38k ETH, approximately $90 million.