The Ethereum Foundation faces criticism, prompting a strategy shift towards founder focus and investments.
Criticism and Response from the Ethereum Foundation
Facing increased criticism from investors and developers, Ethereum leadership is considering a more founder-centric strategy. Haseeb Qureshi, managing partner at Dragonfly Capital, highlighted the urgency with which the Ethereum Foundation is addressing network momentum concerns.
Solana Superteam Model as Example
A key takeaway from discussions is that Ethereum leadership may look to replicate aspects of Solana’s Superteam model—a community-driven initiative focused on developer support and funding. This could signal a shift in priorities, emphasizing founder journeys and capital formation over traditional research focus.
Discussions on Future Network Development
The network’s direction has been a hot topic in recent months, with former Ethereum Foundation engineer Harikrishnan Mulackal also voicing concerns about governance and calling for a more decisive leadership approach. He suggested pursuing quarterly hard forks to accelerate innovation, warning that Ethereum risks repeating previous stagnations without such changes.
In the face of growing criticism, the Ethereum Foundation is taking steps towards changing its strategy, with increased focus on founders and new development directions to remain relevant in the crypto market.