Paradigm has urged Ethereum to accelerate its update cycles to remain competitive against faster platforms, warning that slow progress could lead to user and developer attrition. The firm highlights ossification as a significant barrier to innovation, advocating for more frequent upgrades to adapt to market changes while maintaining core values. Despite internal challenges and leadership changes, Paradigm remains optimistic about Ethereum’s potential for improvement through focused enhancements and empowering its developers.
about Paradigm calls for faster Ethereum updates to maintain competitive edgeConner
0 posts last weekParadigm Urges Ethereum to Accelerate Update Cycle for Competitive Edge
Paradigm has urged Ethereum to accelerate its update cycle, arguing that the current annual pace hinders innovation and competitiveness. Co-founder Matt Huang and his team identified inertia and ossification as key barriers, warning that slow updates could lead to centralization risks as users migrate to more agile platforms. They advocate for leveraging Ethereum’s resources to implement noncontroversial improvements, ensuring the network adapts to market demands while preserving its core values.
about Paradigm Urges Ethereum to Accelerate Update Cycle for Competitive EdgeLido Founder Launches Second Foundation to Promote Ethereum Decentralization
Konstantin Lomashuk, founder of Lido, has announced the establishment of a Second Foundation for Ethereum amid internal challenges and leadership changes within the Ethereum Foundation. This initiative aims to reinforce decentralization and counteract the growing scam culture in the crypto space, reflecting concerns shared by Ethereum co-founder Vitalik Buterin. As the Ethereum ecosystem faces declining demand and strategic funding debates, Lomashuk’s stable leadership at Lido positions him to pursue this new direction.
about Lido Founder Launches Second Foundation to Promote Ethereum Decentralization