The Ethereum Foundation has undertaken a significant restructuring of its Protocol Research and Development division, now renamed simply as Protocol. This change comes amidst notable leadership shifts and staff layoffs, indicating a strategic pivot in how the foundation approaches its projects. By streamlining its operations, the Ethereum Foundation aims to enhance efficiency and focus on key objectives that drive the network’s evolution. This restructuring reflects the ever-changing landscape of the blockchain sector as projects continually adapt to market needs. Stakeholders are eager to see how this move impacts Ethereum’s ongoing development and the broader crypto ecosystem in the years ahead.