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Leaked Letter From Geth Lead Alleges Inner-Circle Control of Ethereum

A May 2024 note now public claims a small network around Vitalik Buterin steers outcomes, placing Ethereum’s governance under fresh scrutiny.

Overview

  • Wu Blockchain published a previously private letter from Péter Szilágyi alleging concentrated influence within the Ethereum Foundation centered on Vitalik Buterin.
  • Szilágyi wrote that 5–10 figures linked to 1–3 venture firms effectively determine which projects gain traction, casting Buterin as a de facto kingmaker.
  • He argued that underpaying core developers pushes them toward outside advisorships, creating conflicts of interest and a risk of “protocol capture.”
  • Community discussion highlighted a gap between decentralized code and centralized influence, with calls for greater transparency around decision-making and compensation.
  • Coindoo reported that Polygon co-founder Sandeep Nailwal criticized Ethereum’s internal politics, and that Buterin responded by praising Polygon’s contributions.