PANews reported on January 23 that according to The Block, in response to rumors that the Ethereum Foundation will separate a new organization, the "Second Foundation", Konstantin Lomashuk, co-founder of the liquid pledge protocol Lido, issued a statement saying: "In fact, the second foundation has not yet been established." He continued: "Ethereum is the ultimate world computer, and every Ethereum enthusiast can help it grow, evolve and succeed. If the second foundation is really established, it must have a clear goal to supplement the tremendous work of current contributors. I thank everyone for their support and think we need more organizations to contribute to Ethereum."

Lomashuk’s statement comes after he was involved in a post about the “Second Foundation,” which led some to believe he was behind the launch of the new organization. Given the strong community response, some believe the “Second Foundation” could be related to the “major shift” that Ethereum founder Vitalik Buterin has promised to bring to the Ethereum Foundation.

Earlier news , on January 18, Vitalik said that after the Ethereum Foundation was criticized for its lack of participation in the Ethereum ecosystem, the foundation’s leadership structure, communication with the network developer community, and support for them will undergo "major changes."