Multicoin co-founder: The Ethereum Foundation's negative attitude and lack of urgency regarding scalability issues have led to a loss of confidence

ChainCatcher news, Multicoin Capital co-founder Kyle Samani stated that in 2016, he entered the crypto space through Ethereum, attracted by its vision of permissionless finance and smart contracts. In 2017, Ethereum's market cap skyrocketed 100 times in a year, setting the record for the fastest to reach a market cap of $100 billion in history.

However, at the Devcon 3 conference in November 2017, Vitalik's keynote speech completely omitted any mention of scaling solutions, which left Samani deeply disappointed. He pointed out that the Ethereum Foundation (EF)'s passive attitude and lack of urgency regarding scaling issues led him to lose confidence in Ethereum. He believes that seven years later, EF still faces problems such as a disconnect between leadership and user needs, as well as a lack of clear development direction.