Multicoin co-founder: Ethereum is developing slowly and has no clear goals

2024-09-19 14:02

BlockBeats news, on September 19, BlockBeats reporter reported on the scene that Kyle Samani, co-founder and managing partner of Multicoin Capital, attended the roundtable discussion on the theme of "Why SOL Will Flip ETH" (Why Solana will surpass Ethereum) on the first day of the TOKEN2049 main venue. He said:


Ethereum has been launched for 9 years, and they have a lot of time to solve problems and figure out what they want to be. During these 9 years, the first big event was DeFi Summer; the second thing was that Ethereum launched a new roadmap in October 2020, one of the most obvious disadvantages of which was that it was not good for DeFi. The third major shift is of course the shift from PoW to PoS, which happened in 2022. They knew they wanted to make this switch before the mainnet was launched in 2015, but it actually took seven years to achieve this goal. The Ethereum community has developed slowly, and they never knew what they wanted to do, which is exactly the point I want to emphasize.

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