ETHEREUM FOUNDATION CONTINUES TO LOSE KEY TALENT #DailyOrbit Ethereum Foundation has reportedly lost another major contributor as Carl Beek announced his departure after 7 years with the organization. Carl Beek was considered one of the important architects behind the Beacon Chain, a core component that played a crucial role in Ethereum’s historic transition from Proof of Work to Proof of Stake. The departure adds to growing concerns surrounding: • Internal restructuring within the Ethereum ecosystem • Long-term leadership and development direction • Talent migration toward new Layer 1 and AI-driven projects Despite this, Ethereum remains one of the strongest blockchain ecosystems in terms of developer activity, institutional adoption, and DeFi infrastructure. However, repeated exits of senior contributors could still affect market sentiment, especially during a period where competition among Layer 1 ecosystems is becoming increasingly aggressive. In crypto, technology matters, but people building it matter just as much. $ETH