Ethereum’s civil war | ETH vs SOL
V for Vendetta
People don’t want a quarter inch drill bit, they want a quarter inch hole in their drywall
But more than that quarter inch hole, they want to install a bookshelf on their wall
More than that, they want the books they display to tell visitors how smart they are!
The current battle going on within Ethereum follows a similar rabbit hole of layered ‘wants’ – and once you get to the bottom of it, you’ll think to yourself
“Kind of a dumb thing to be fighting about, all things considered”
Here’s what’s going down on the surface:
Right now, a few factions within Ethereum are having a pretty public fight on Crypto Twitter (Nerds Fight Club) the basic gist of which is this…
Side A: wants Ethereum to focus on heavily increasing its transaction speeds, and for the Ethereum Foundation (EF) to have a ‘wartime leader’ installed
beaniemaxi : Ethereum Foundation is run by a high school teacher from Japan that hates competition, believes in equality of outcome over opportunity and doesn’t recognize blockchain consensus as a means of governance. Ethereum has a woke culture problem. And because of that Solana is winning.
Side B: wants to keep Ethereum’s roadmap in its current state and for the Ethereum Foundation to continue building using the same slow n’ steady approach/ethos.
VitalikButerin : No. This is not how this game works.
The person deciding the new EF leadership team is me. One of the goals of the ongoing reform is to give the EF a "proper board", but until that happens it's me.
If you "keep the pressure on", then you are creating an environment that is actively toxic to top talent. Some of Ethereum's best devs have been messaging me recently, expressing their disgust with the social media environment that people like you are creating. YOU ARE MAKING MY JOB HARDER. And you are decreasing the chance I have any interest whatsoever in doing "what you want". Milady.
Alright, that’s each side’s ‘quarter inch drill bit’. I love when V become angry!
From here on out, we’ll be focusing on Side A’s desires, ‘cause they’re the upstarts bringing the fight for change.and if you dig down into what they want more than faster transactions and an EF leadership reorg – their ‘quarter inch hole in the dry wall’ is:
A hyper present, charismatic leader/cult of personality that they can rally behind.
You know the type…
Someone that’s trawling through Twitter comments, counteracting FUD, sh*tposting here and there but more than anything: getting the broader community excited about the L1
Kinda like what Anatoly do for Solana
Mert:Solana supported 40 Billion USD in volume yesterday. for nonsensical but funny context, that is higher than the GDP of Iceland for the entire year — in one day!
but Side A’s deepest desires? (Their ‘shelf full of books that make them look smart’?).
This one is so simple that it’s going to feel anti climatic at first…
They just want
ETH’s price to pick back up.at its core, that’s what seems to be driving all of this:
ETH’s price has been flat → they want that to change → so they’re trying to shake things up with shifts in leadership and roadmap
the moment ETH enters price discovery, the vast majority of this anger/worry will be quickly dispelled, as the collective thinking switches back to: if it ain’t broke, don’t fix it
Also Konstantin Lomashuk, founder of Lido and P2P. org, creates a “Second Foundation” for Ethereum!
Lets RUG America again
Meanwhile the biggest degen of all time aka President Trump load another 50 Million dollar ETH again! the only thing he focusing right now is American people (their pockets I mean!)
give a man gun he steal the bank, give a man bank he steal the world
People don’t want a quarter inch drill bit, they want a quarter inch hole in their drywall
But more than that quarter inch hole, they want to install a bookshelf on their wall
More than that, they want the books they display to tell visitors how smart they are!
The current battle going on within Ethereum follows a similar rabbit hole of layered ‘wants’ – and once you get to the bottom of it, you’ll think to yourself
“Kind of a dumb thing to be fighting about, all things considered”
Here’s what’s going down on the surface:
Right now, a few factions within Ethereum are having a pretty public fight on Crypto Twitter (Nerds Fight Club) the basic gist of which is this…
Side A: wants Ethereum to focus on heavily increasing its transaction speeds, and for the Ethereum Foundation (EF) to have a ‘wartime leader’ installed
beaniemaxi : Ethereum Foundation is run by a high school teacher from Japan that hates competition, believes in equality of outcome over opportunity and doesn’t recognize blockchain consensus as a means of governance. Ethereum has a woke culture problem. And because of that Solana is winning.
Side B: wants to keep Ethereum’s roadmap in its current state and for the Ethereum Foundation to continue building using the same slow n’ steady approach/ethos.
VitalikButerin : No. This is not how this game works.
The person deciding the new EF leadership team is me. One of the goals of the ongoing reform is to give the EF a "proper board", but until that happens it's me.
If you "keep the pressure on", then you are creating an environment that is actively toxic to top talent. Some of Ethereum's best devs have been messaging me recently, expressing their disgust with the social media environment that people like you are creating. YOU ARE MAKING MY JOB HARDER. And you are decreasing the chance I have any interest whatsoever in doing "what you want". Milady.
Alright, that’s each side’s ‘quarter inch drill bit’. I love when V become angry!
From here on out, we’ll be focusing on Side A’s desires, ‘cause they’re the upstarts bringing the fight for change.and if you dig down into what they want more than faster transactions and an EF leadership reorg – their ‘quarter inch hole in the dry wall’ is:
A hyper present, charismatic leader/cult of personality that they can rally behind.
You know the type…
Someone that’s trawling through Twitter comments, counteracting FUD, sh*tposting here and there but more than anything: getting the broader community excited about the L1
Kinda like what Anatoly do for Solana
Mert:Solana supported 40 Billion USD in volume yesterday. for nonsensical but funny context, that is higher than the GDP of Iceland for the entire year — in one day!
but Side A’s deepest desires? (Their ‘shelf full of books that make them look smart’?).
This one is so simple that it’s going to feel anti climatic at first…
They just want
ETH’s price to pick back up.at its core, that’s what seems to be driving all of this: ETH’s price has been flat → they want that to change → so they’re trying to shake things up with shifts in leadership and roadmap
the moment ETH enters price discovery, the vast majority of this anger/worry will be quickly dispelled, as the collective thinking switches back to: if it ain’t broke, don’t fix it
Also Konstantin Lomashuk, founder of Lido and P2P. org, creates a “Second Foundation” for Ethereum!
Lets RUG America again
Meanwhile the biggest degen of all time aka President Trump load another 50 Million dollar ETH again! the only thing he focusing right now is American people (their pockets I mean!)
give a man gun he steal the bank, give a man bank he steal the world
Trade attivo
Trade chiuso: obiettivo raggiunto
Ethereum increased the network’s gas limit above 30 million, with over 50% of validators indicating the change. More than half of the validators’ approval was needed for the gas limit adjustment to take effect. This is the first time such a change has been implemented under Ethereum’s proof-of-stake consensus mechanism. The last adjustment took place in 2021 when the gas limit doubled from 15 million to 30 million gas units.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
🟣MasterClass moonypto.com/masterclass
🟢Signal moonypto.com/signal
🔵News t.me/moonypto
🟢Signal moonypto.com/signal
🔵News t.me/moonypto
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.