Venture capital giant a16z crypto is calling for the end of large, centralized foundations in cryptocurrency and promoting decentralized models. Their shift comes as scrutiny grows over these structures’ role in blockchain development. a16z argues that they are no longer serving their purpose and hindering progress. `, 75% of the article was on the topic of foundation flaws, and their argument focused on how they inhibit growth. In a new blog post, Miles Jennings, head of policy & general counsel at a16z crypto, explains why foundations are now counterproductive to crypto development. `, a16z says that these traditional structures are slowing down progress by creating more friction than decentralization. This shift reflects a growing consensus within the crypto community regarding the need for decentralized governance models and aligns with changing U.S. crypto policy.