How cryptocurrency’s second largest coin missed out on the industry’s boom

A leaked pitch to reshape Ethereum’s leadership exposed deep divisions over politics, power and ether’s static priceUS crypto developer Danny Ryan submitted a proposal in November 2024 to Vitalik Buterin, the founder and symbolic leader of Ethereum, a prominent blockchain powering the world’s second-largest cryptocurrency. Ryan, who had worked for seven years at the Ethereum Foundation (EF), Ethereum’s de facto governing body, suggested that Ethereum could be on the cusp