I reckon the critics might have the situation overblown. Ethereum did not have a
secret meeting, it was streamed online but it was invite only.
Also the plans for governance should also be seen from their side, not only from the critics' side. Ethereum will go through the most important hard fork of
its life. Some centralization should be needed to make sure a split does not happen again.
The critics should also not call for decentralization for decentralization's sake.
A gathering of Ethereum experts happened in Toronto, Canada, with a view to finding a centralized solution to some of the network’s scaling problems. And while this event may be too esoteric for most ETH investors, the community may see worrying signs of the Ethereum ecosystem becoming centralized, and in the hands of a few developers, much like the Bitcoin governance.
With a market capitalization of more than 76 billion, Ethereum is a high-stakes network with a valuable digital asset - and it is unknown if the wider community can continue to steer the project, without some centralized decisions.
Ethereum is facing an evolution into a proof of stake coin, and many decisions are still pending. But what may threaten Ethereum are potential corporate interests getting injected into the governance process.
But some see a paradox, in the fact that Buterin is still acting, at least in part, as an idea leader to the project. One recent point of contention was the desire of the community to achieve ASIC resistance of Ethereum via a hard fork. However, Buterin spoke against such actions, and the Ethereum network is about to see the inflow of Bitmain’s new machines coming to the market soon.Read more https://cryptovest.com/news/ethereum-tzars-the-network-faces-governance-issues/