Altcoins News

Story: Zcash Co-Founder Takes Aim at Ethereum as Foundation Faces Governance Heat

By Pankaj K

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What's Actually Wrong at the Foundation. The problems aren't new. They're just louder.

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Why the Zcash Co-Founder's Voice Carries Weight. Criticism lands differently depending on who's delivering it.

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What Comes Next for the Foundation. The Foundation is expected to push forward on planned upgrades targeting scalability and security.

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Ethereum's got problems. And now one of crypto's most respected privacy architects is saying so out loud.

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The co-founder of Zcash has gone on record with sharp criticism of Ethereum, the second-largest cryptocurrency by market cap, at a moment when the Ethereum Foundation is already…

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Developers and users have grown increasingly frustrated over delays in Ethereum's long-awaited network upgrades.

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Governance is the other raw nerve. Critics inside and outside the community have questioned whether the Foundation's decision-making model is fit for purpose.

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Scalability and security round out the list. Ethereum has faced these critiques for years, and while progress has been made on multiple fronts, the perception that the network…

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A competing project's co-founder weighing in on Ethereum's struggles could easily be dismissed as competitive noise.

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See also: Ethereum Stuck Below $2,000 as Coinbase Demand Index Hits Yearly Low

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And that's kind of the point. Parts of the crypto community clearly share these concerns. The co-founder's remarks didn't land in a vacuum — they amplified something already…

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Supporters of Ethereum push back, and fairly. The network still runs the largest developer ecosystem in crypto.

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Maybe. But "probably fine eventually" isn't a great answer when your competitors are actively courting your developers.

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Transparency seems to be the non-negotiable ask. Multiple voices in the community want a clear, honest roadmap.

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See also: Kiyosaki Waits for Bitcoin and Ethereum Reversal Before Buying Again

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