Ethereum Node Project Akula Shelved - Coinleaks
Current Date:September 21, 2024

Ethereum Node Project Akula Shelved

Ethereum node project acule, newly announced RethIt decided to stop its services on the grounds that it could not compete with the rival project named .

Companies serving in the crypto industry are going through tough times in terms of continuity. Companies that cite liquidity in the industry as a source and link their assets to the crypto industry are trying to survive. In particular, the bankruptcy of the FTX exchange marked the beginning of a new era. In the light of all these processes, Ethereumactivity began in the ecosystem. Nodefrom projects acule, has decided to suspend its services, citing competition in the market.

Ethereum Node Project Akula Announces It Cannot Compete

Shelving the project aculeIts developers cited a competing project backed by venture capital as the reason for the decision.

A Ethereumwith client platform of Akuladevelopers, with similar features and paradigmcarried out by Reth targeted project. developers, RethStating that the project, named the project, received stronger support, he stated that they would not be able to compete.

According to the announcement, the project completely has been terminated. The developers will no longer maintain and run the project. However, the code structure will be available as the project is open source.

Company, Venture CapitalsHe said they were not in a position to compete with