Paradigm Urges Ethereum to Accelerate Development…"Focus on Efficiency"

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YM Lee

Summary

  • Paradigm stated that Ethereum's development pace should be accelerated.
  • They urged for more than two major upgrades annually, emphasizing a focus on efficiency.
  • They emphasized protecting decentralization during the core protocol development process.

Global cryptocurrency venture capital firm Paradigm has urged Ethereum (ETH) to accelerate its development pace.

On the 26th (local time), The Block reported that Paradigm stated, "While there is reasonable debate within the Ethereum ecosystem, the more important thing is to move quickly regardless of any decisions made. We believe Ethereum should focus on reaching the efficient frontier of what is possible."

Paradigm urged Ethereum to conduct more than two major upgrades annually, stating, "Slowing down or ossifying core protocol development is not a way to protect Ethereum's decentralized state," and emphasized, "The core development process is a major mechanism for off-chain governance by Ethereum's social layer, reflecting the opinions of engineers, researchers, validators, and institutions."

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YM Lee

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