Ethereum ecosystem is preparing to make important decisions in the shadow of recent uncertainties. Developers, investors and community members, while revealing different opinions about the future of Ethereum, the moves to be made in the coming process can determine the fate of one of the biggest platforms in the blockchain industry.
IMPORTANT EXPLANATIONS FOR ETHEREUM: ATTENTION TO MARCH
Tim Beiko, one of the core developers of Ethereum, said that the beginning of March could be “one of the most important turning points in the history of Ethereum”. Beiko stressed that if the team made the right moves, there will be a decisive process for the future of Ethereum. However, in recent months, Ethereum has been subjected to serious criticism due to price performance below expectations. The ETH/BTC parity declined last month to 0.0023 BTC and saw one of the most annual lowest levels.
Beiko agreed that many things should change in order for Ethereum to be successful, but that basic values should not be lost for the sake of excessive optimization. “This week’s announcements show that we have established the right balance between the two extremes,” he said.
IMPORTANT APPOINTMENTS IN EThereum Foundation
Ethereum Foundation’s appointment of Hsiao-Wei Wang and Tomasz Stanczak as a co-director was greeted with positive reactions within the community. Cinneamhain Ventures Partner Adam Cochran said that these appointments were “good steps taken in the right direction for the Ethereum Foundation”.
Vitalik Botter, one of the founders of Ethereum, said in a statement this week that the ecosystem needed “young blood, and the OG (old generation) developers implied that the developers“ tired ”. “Now it’s time for the new generation, B OTERIN’s words have led to controversy within the community. Uniswap CEO Hayden Adams stressed that those who have reached Ethereum’s present position are the old ones. Ryan Zurrer, one of the former executives of Web3 Foundation, said, “All the old ones are not tired. Many still believe in Ethereum and continue to build. ”
Long position suggestion from Zhu Su
Three Arrows Capital’s founding partner Zhu Su said that investing in Ethereum has become very challenging technically. However, for those who think that Ethereum’s open source community can correct itself and managing themselves, investing at $ 2,222 could be a “logical choice .. Zhu Su thinks that he thinks positively about the future of Ethereum, but the current market conditions should be carefully evaluated and said, orum I believe that Ethereum will recover in the long run. Currently taking a long position can be a risky but strategic move. ”
