Vitalik Buterin says the Ethereum Foundation will shrink its scope, hold 0.16% of ETH, and focus on privacy and censorship resistance.

Buterin said the EF is choosing "longevity over breadth," selling less ETH and focusing exclusively on Ethereum's "CROPS" properties.

The co-founder of the Ethereum protocol, Vitalik Buterin, responds to critics of the Ethereum Foundation's current role in the ecosystem.