Ethereum Needs A Leader—Or Its Future Could Be In Jeopardy, Ex-Engineer Warns

Trustworthy editorial Contents, checked by leading industry experts and experienced editors. AD -open

A former engineer of the Ethereum Foundation has expressed concerns about the future of the platform and warned that a lack of clear leadership slowed down critical development.

Harikrishnan Mulackal, who worked as a Solidity expert and compiler engineer, pointed out that Ethereum’s upgrade process had become sluggish, whereby only a major change in the virtual machine (EVM) was proposed by Ethereum (EVM) in five years.

The network could affect the lack of guidance

According to Mulackal, Ethereum’s decentralized nature has led to delays in decision -making. He noticed that decentralization is an important strength, but it also made it difficult to enforce the necessary changes.

The only proposed EVM upgrade, transient memory, was almost scrapped at the last minute. He believes that the network has difficulty being ahead of competitors without a more structured approach.

Mulackal suggested that the network should prioritize the execution before research and suggest a schedule of one hard fork per quarter to accelerate improvements.

He argues that faster updates could help maintain the dominance of the platform in the blockchain area.

The ETH is currently $ 1,927. Diagram: Tradingview

Internal disagreements can be a bigger problem

Mulackal concerns remind similar warnings of industrial numbers. Evgeny Gaevoy, CEO of Wintermute, previously said that leadership problems and not his technology could be downfall.

Gaevoy pointed out that there are contradictions in the management of the organization, some of which are pushing for market -oriented incentives, while others focus on the goals of social justice. This internal conflict could lead to setbacks.

Vitalik Buterin, co -founder of Ethereum, has admitted the difficulties and apparently works to reorganize the management of the Ethereum Foundation. However, it continues whether these developments will support or undermine the basic values ​​of the network.

The development slows down

Ethereum’s development speed has slowed down, even if it remains an important participant in the blockchain scene. Mulackal’s claim that only a large EVM modification has been proposed in five years has problems with whether the network can keep up with ideas for competing blockchains.

Before the “redesign” of Ethereum, developers have always emphasized thorough research. However, Mulackal believes that this careful approach is currently withdrawing the platform. Ethereum should concentrate more on offering useful improvements than exploring the years in order to explore possible dangers.

Selected picture of Equiti, Diagram by Tradingview

Editorial process Because Bitcoinist focuses on delivering thoroughly researched, accurate and impartial content. We comply with strict procurement standards and each page is diligently checked by our team of top technology experts and experienced editors. This process ensures the integrity, relevance and the value of our content for our readers.

Leave a Comment