Oct 21, 2025
Leaked Letter: Ethereum Dev Says Vitalik’s Circle Controls the Network
EthereumCrypto GovernanceCrypto GovernanceEthereumethereumEthereum FoundationPéter Szilágyivitalik buterin
TLDR: Péter Szilágyi’s leaked letter accused Ethereum Foundation of power centralization around Vitalik Buterin’s circle. He claimed Ethereum’s success now depends on relationships with 5–10 key figures tied to venture capital firms. The developer warned that underpayment and outside advisorships risked “protocol capture” and internal conflicts. Community responses stressed Ethereum’s “decentralized code but centralized influence,” [...]
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