Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Setting "suicide" rules for itself: What is the Ethereum Foundation after?
Author: KarenZ, Foresight News
On the evening of March 13, the Ethereum Foundation (EF) Board of Directors released a mission statement called the “EF Mandate.”
When you open this mission statement, you might wonder if you’ve entered the wrong set—full of stars, elves, wizards, and layouts resembling anime posters. Beneath this flashy exterior lies the current “ideological blueprint” of the Ethereum ecosystem.
TL;DR
What problems does Ethereum aim to solve?
EF believes that in the digital age, two infrastructure-level needs are fundamental: controlling your own data, identity, and assets (self-sovereignty), and collaborating with others without being “cut off” (sovereign-cooperative coordination).
Focusing only on the first point is enough to run local applications; only on the second, traditional internet suffices. Ethereum’s unique value lies in achieving both simultaneously.
The declaration states: Ethereum exists so that no one can “rug” you—whether it’s the government, companies, institutions, or AI.
Around this goal, EF introduced an acronym: CROPS. This term appears 32 times in the declaration.
These four attributes are defined as an “inseparable whole” in the document—top priority, non-negotiable bottom line.
EF’s stance is clear: it’s better to proceed slowly but get these right from day one. Once abandoned, it’s nearly impossible to regain.
What does the foundation do? What does it not do?
EF aims to make itself “redundant” as the ultimate measure of success.
The document mentions a term called “walkaway test”: if EF disappears tomorrow, can Ethereum continue to run and evolve on its own? EF’s goal is to make the answer “yes.”
Therefore, EF practices a “subtracting development” philosophy: focusing on key areas that no one else can or wants to do—core protocol upgrades, long-term technical research, public safety. When a community in a certain area can take over, EF hands it off, further reducing its influence.
At the same time, EF has a long “list of things not to do,” sounding like a serious disclaimer: not a company, not a kingmaker, not an accreditation body, not a product studio, not a marketing firm, not an owner, not a government agency, not a casino, not an opportunist.
How does EF decide when there’s no clear answer?
It’s about principles: CROPS, sovereignty, the philosophy of subtraction. But what if specific issues arise? This chapter provides the answer.
It’s like EF’s “decision algorithm”: when faced with two options, how to choose without betraying the original intent?
The ideal is lofty, but reality is tough
This declaration is powerful, but real-world challenges never stop.
Does this document represent full consensus or just the ideals of a few authors? Would it still hold if EF changed personnel? Who oversees its implementation?
More pragmatically:
Community debates: Punk ideals vs. practical reality
Less than 24 hours after the release, community feedback has polarized:
Critics:
Supporters:
In response to the controversy, Vitalik personally clarified: this “is not surprising to many,” and it’s the direction EF has been contemplating for months. EF’s role is to safeguard Ethereum, while the broader ecosystem takes on other responsibilities—marking a new chapter.
The declaration ends with an Italian quote: “E quindi uscimmo a riveder le stelle”—from Dante’s “Inferno,” meaning “And then we emerged to see the stars again.”
EF also created a meme titled “SOURCE SEPPUKU LICENSE,” with the caption: “If the foundation fails to uphold its solemn promises to Ethereum, let it face the consequences and self-terminate.”
EF compares itself to a traveler through hell, committed to reaching the “stars of digital freedom,” even amid hardships and doubts. Time will tell if it succeeds.