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The Legitimacy Crisis Under Major Infrastructure Development How should we understand Ethereum's - or rather Vitalik's - inherent contradiction? The entire Devcon presented Ethereum's roadmap as a massive infrastructure project - focusing on scaling, censorship resistance, and ZK. This declares the next decade as an era of infrastructure building - characterized by high investment but low immediate returns. Infrastructure is expensive, forcing Vitalik to become a leader, constantly raising funds and recruiting. However, large infrastructure projects struggle to self-validate their value or demonstrate clear future impact. This infrastructure development seems to suppress certain possibilities, making it difficult to convince the market to trust Vitalik, thus creating a legitimacy crisis.
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Long-term, large-scale infrastructure with unproven practical returns has led to this legitimacy crisis. Under these circumstances, while most resources must still go to infrastructure and Ethereum's decentralization, governance issues can only be temporarily addressed through stopgap measures. These include idol worship, mythologizing certain things and figures, sanctifying their actions and cypherpunk culture; as well as ideological screening at the organizational level to preemptively exclude potential dissenters. This situation suggests Ethereum won't undergo radical organizational changes, implying ongoing conflicts and divisions within the community.
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