Developer Warns Paradigm Poses Centralization Risk Over Ethereum

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Ethereum developer Federico Carrone says the growing influence of corporations such as Paradigm on the network could be  “tail risk” for the Ethereum ecosystem.

In a post on Sunday, the Ethereum core dev, who goes by “Fede’s intern” on X, argued that while Paradigm has “created valuable things for the community,” he is worried about the growing influence of a venture fund whose ultimate goals are driven by profit and influence.

“I’ve been saying for the past two years that the influence of @paradigm within Ethereum could become a…



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Developer Warns Paradigm Poses Centralization Risk Over Ethereum


Ethereum developer Federico Carrone says the growing influence of corporations such as Paradigm on the network could be  “tail risk” for the Ethereum ecosystem.

In a post on Sunday, the Ethereum core dev, who goes by “Fede’s intern” on X, argued that while Paradigm has “created valuable things for the community,” he is worried about the growing influence of a venture fund whose ultimate goals are driven by profit and influence.

“I’ve been saying for the past two years that the influence of @paradigm within Ethereum could become a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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