🚨 Ethereum Needs A Leader—Or Its Future Could Be In Jeopardy, Ex-Engineer Warns

A former Ethereum engineer is waving a red flag over the platform’s future. Harikrishnan Mulackal, who specialized in Solidity and compilers, is raising eyebrows about Ethereum’s sluggish pace of upgrades, noting that only one major change to the Ethereum Virtual Machine has been proposed in the last five years.Mulackal argues that the decentralized nature of Ethereum, while a major selling point, is causing critical decision-making delays. The sole proposed upgrade, intended to improve transient storage, nearly got thrown out at the last moment. Without a more streamlined approach, Ethereum might find itself lagging behind its competition.He suggests Ethereum should shift gears, prioritizing execution over endless research. How about one hard fork every quarter to keep things fresh? Sounds like a plan to maintain its dominance in the blockchain arena.This isn’t just Mulackal’s worry; others in the industry share similar sentiments. Leadership issues could be Ethereum's Achilles' heel, with figures like Wintermute’s CEO pointing out inconsistencies among the leadership. It’s a tug-of-war between those focusing on market incentives and others championing social issues. Internal disagreements could spell disaster.Vitalik Buterin, Ethereum’s co-founder, is aware of the turbulence and is reportedly working on a leadership makeover for the Ethereum Foundation. The big question remains – can these changes reinforce Ethereum’s core values, or undermine them?Despite being a key player in the blockchain space, Ethereum's development has hit the brakes. Mulackal's remarks that progress has stalled for years has many critics wondering if Ethereum can compete with other blockchains. The developers preach thorough research before action, but Mulackal believes this cautious approach is causing the platform to fall behind.Time for Ethereum to pivot? The spotlight’s on as investors keep an eye on the developments. memecoin #crypto #solana #Ethereum #ai #bitcoin #cryptocurrency⚠️ Disclaimer: This analysis is for informational purposes only and should not be considered financial or investment advice. via /r/Blockviews https://ift.tt/BSaLzqg