yuga.eth
@yuga
I think there are 3 dimensions to understanding Ethereum’s struggles: regulatory, technical, and cultural. I believe the most critical to solve are the cultural issues. 1. Regulatory - Ambiguous status of ETH as commodity vs. security. With the new political landscape, this is no longer an issue, and builders should feel comfortable using Ethereum as the base layer from a legal perspective . ✅ 2. Technical - fragmentation from rollup centric roadmap; infinite state bloat, etc etc. I’m actually not too worried about this. Teams like @base have some of the smartest people in the world working on interop, scalability, and related issues. To the extent there are existential technical problems, they are actually an outgrowth of the underlying cultural ones. ➡️
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yuga.eth
@yuga
3. Cultural - Much has been said about the EF, Vitalik, the lack of marketing for Ethereum, etc. - but I want to pinpoint the exact issues as I see them. First, I think Ethereum prioritizes research & development for its own sake too much, rather than as a means for helping users. This means that protocol engineers need to focus their work not just on the latest ZK tooling or gas optimizations, but on tooling that will make the benefits of these available to users *immediately*. It also means communicating these advances in plain language, without jargon, to make both app builders and end users excited about these changes.
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Trejo
@trej
I’m not sure we can say lack of marketing is the issue. Eth has the greatest marketer in crypto, Amanda Cassatt. although there is room for improvement it’s not from a lack of ability on the side of Eth.
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