Buterin: Ethereum a decentralized ecosystem, not a company

Vitalik Buterin, the co-founder of Ethereum (ETH), has said on his WarpCast that Ethereum is a decentralized ecosystem, not a company. He emphasized that there are many large companies in the Ethereum ecosystem, such as ConsenSys and Coinbase. However, he stated that “if Ethereum becomes a company, we will lose most of the meaning of Ethereum's existence.” The Ethereum Foundation plays a coordinating role, Buterin stated, adding that now is the era of applications, not infrastructure, with a need to focus on this reality. More opportunities need to be provided to create new ecosystem inflow, he claimed.