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Immutable Immutable (IMX) $0.56 ↑ 0.79%
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Kaia Kaia (KAIA) $0.16 ↓ -1.34%
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IOTA IOTA (IOTA) $0.21 ↑ 1.68%
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Gala Gala (GALA) $0.02 ↑ 0.90%
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Aerodrome Finance Aerodrome Finance (AERO) $0.88 ↓ -1.73%
Pendle Pendle (PENDLE) $4.49 ↑ 2.74%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 1.98%
Jito Jito (JTO) $1.97 ↓ -1.99%
Bitcoin Bitcoin (BTC) $117,219.70 ↓ -1.19%
Ethereum Ethereum (ETH) $3,720.15 ↓ -0.23%
XRP XRP (XRP) $3.14 ↓ -1.45%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.04%
BNB BNB (BNB) $779.23 ↑ 0.27%
Solana Solana (SOL) $185.07 ↓ -0.31%
USDC USDC (USDC) $1.00 ↓ -0.01%
Dogecoin Dogecoin (DOGE) $0.23 ↓ -0.75%
TRON TRON (TRX) $0.32 ↑ 0.11%
Cardano Cardano (ADA) $0.81 ↓ -0.22%
Hyperliquid Hyperliquid (HYPE) $43.64 ↑ 2.18%
Sui Sui (SUI) $3.98 ↑ 5.42%
Stellar Stellar (XLM) $0.43 ↓ -0.35%
Chainlink Chainlink (LINK) $18.25 ↑ 0.28%
Hedera Hedera (HBAR) $0.26 ↑ 7.82%
Bitcoin Cash Bitcoin Cash (BCH) $549.73 ↑ 6.70%
Avalanche Avalanche (AVAX) $23.94 ↓ -0.12%
Litecoin Litecoin (LTC) $113.40 ↑ 0.25%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↓ -0.06%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 1.54%
Toncoin Toncoin (TON) $3.19 ↑ 1.11%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.05%
Polkadot Polkadot (DOT) $4.09 ↑ 1.14%
Uniswap Uniswap (UNI) $10.39 ↑ 0.96%
Monero Monero (XMR) $320.26 ↓ -1.58%
Dai Dai (DAI) $1.00 ↓ -0.01%
Bitget Token Bitget Token (BGB) $4.53 ↓ -2.36%
Pepe Pepe (PEPE) $0.00 ↓ -1.36%
Aave Aave (AAVE) $293.60 ↑ 0.54%
Cronos Cronos (CRO) $0.13 ↑ 4.27%
Bittensor Bittensor (TAO) $424.76 ↑ 0.01%
Ethena Ethena (ENA) $0.59 ↑ 23.99%
NEAR Protocol NEAR Protocol (NEAR) $2.85 ↑ 3.06%
Ethereum Classic Ethereum Classic (ETC) $22.63 ↓ -0.08%
Pi Pi (PI) $0.44 ↓ -1.04%
Ondo Ondo (ONDO) $1.04 ↓ -0.32%
Aptos Aptos (APT) $4.73 ↑ 0.80%
Internet Computer Internet Computer (ICP) $5.61 ↑ 0.54%
OKB OKB (OKB) $48.12 ↓ -0.51%
Bonk Bonk (BONK) $0.00 ↑ 4.46%
Kaspa Kaspa (KAS) $0.10 ↓ -0.99%
Mantle Mantle (MNT) $0.76 ↑ 0.75%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↑ 0.22%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 0.98%
Algorand Algorand (ALGO) $0.27 ↑ 0.93%
Arbitrum Arbitrum (ARB) $0.44 ↑ 1.43%
VeChain VeChain (VET) $0.03 ↑ 2.24%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.06%
Render Render (RENDER) $4.17 ↑ 1.22%
GateToken GateToken (GT) $17.53 ↓ -0.90%
Worldcoin Worldcoin (WLD) $1.16 ↑ 0.09%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.05 ↑ 0.00%
Sky Sky (SKY) $0.09 ↑ 8.15%
Sei Sei (SEI) $0.33 ↑ 2.31%
Cosmos Cosmos (ATOM) $4.70 ↑ 0.36%
Filecoin Filecoin (FIL) $2.64 ↑ 0.96%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.74 ↑ 1.41%
SPX6900 SPX6900 (SPX) $1.88 ↑ 3.29%
Jupiter Jupiter (JUP) $0.55 ↓ -0.37%
Story Story (IP) $5.40 ↑ 4.18%
Flare Flare (FLR) $0.02 ↓ -4.06%
KuCoin Token KuCoin Token (KCS) $11.97 ↓ -1.40%
Quant Quant (QNT) $121.38 ↑ 0.28%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.01%
XDC Network XDC Network (XDC) $0.09 ↑ 2.63%
Curve DAO Token Curve DAO Token (CRV) $1.04 ↑ 5.50%
Celestia Celestia (TIA) $1.95 ↑ 4.79%
Injective Injective (INJ) $13.98 ↑ 2.06%
Fartcoin Fartcoin (FARTCOIN) $1.35 ↓ -1.70%
Four Four (FORM) $3.43 ↓ -3.68%
Stacks Stacks (STX) $0.81 ↑ 1.07%
Optimism Optimism (OP) $0.72 ↑ 1.68%
FLOKI FLOKI (FLOKI) $0.00 ↑ 0.86%
dogwifhat dogwifhat (WIF) $1.07 ↑ 0.62%
Immutable Immutable (IMX) $0.56 ↑ 0.79%
Ethereum Name Service Ethereum Name Service (ENS) $28.54 ↓ -0.75%
The Graph The Graph (GRT) $0.10 ↑ 0.88%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.56 ↓ -0.60%
Kaia Kaia (KAIA) $0.16 ↓ -1.34%
Lido DAO Lido DAO (LDO) $1.10 ↑ 0.93%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -6.19%
Sonic Sonic (S) $0.33 ↓ -0.05%
Conflux Conflux (CFX) $0.19 ↑ 4.25%
PAX Gold PAX Gold (PAXG) $3,352.14 ↓ -0.56%
PancakeSwap PancakeSwap (CAKE) $2.71 ↑ 1.67%
Tezos Tezos (XTZ) $0.89 ↓ -0.16%
Vaulta Vaulta (A) $0.57 ↓ -0.89%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.05%
Theta Network Theta Network (THETA) $0.88 ↑ 0.48%
Nexo Nexo (NEXO) $1.32 ↓ -0.38%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 0.17%
Tether Gold Tether Gold (XAUt) $3,342.76 ↓ -0.73%
IOTA IOTA (IOTA) $0.21 ↑ 1.68%
Raydium Raydium (RAY) $2.99 ↓ -3.71%
Gala Gala (GALA) $0.02 ↑ 0.90%
The Sandbox The Sandbox (SAND) $0.30 ↑ 0.65%
Aerodrome Finance Aerodrome Finance (AERO) $0.88 ↓ -1.73%
Pendle Pendle (PENDLE) $4.49 ↑ 2.74%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 1.98%
Jito Jito (JTO) $1.97 ↓ -1.99%
Home Cryptocurrency

How Ripple CTO Views Changes in the Ethereum Ecosystem

David Moore by David Moore
22 January 2025
in Cryptocurrency, News
Reading Time: 2 mins read
0

The ongoing restructuring within Ethereum’s ecosystem has reignited debates around decentralization. Vitalik Buterin’s recent adjustments to the Ethereum Foundation have sparked mixed reactions from the community. While some argue these changes align with the network’s evolution, others question their compatibility with Ethereum’s decentralization principles. Ripple CTO David Schwartz and Solana founder Toly Yakovenko have weighed in, offering perspectives on these transformative shifts.

Qubetics is 728x90 1 3

Table of Contents

Toggle
  • Changes Within the Ethereum Foundation
    • YOU MAY BE INTERESTED
    • Is Bull Season Back? MoonBull’s Best Crypto Whitelist Sparks Action as Turbo Gains and Pepe Retreats
    • BREAKING: OSL Group Secures $300M to Build the Future of Regulated Crypto in Asia
  • Ripple CTO on Decentralization
  • Support from Solana’s Founder
  • Balancing Change and Principles

Changes Within the Ethereum Foundation

Vitalik Buterin has introduced key changes to the Ethereum Foundation aimed at addressing leadership gaps and fostering greater community participation. While some in the Ethereum community view these moves positively, others argue that granting a single individual such extensive influence conflicts with the ideals of decentralization. Past controversies, such as the chain rollback after a significant attack, have resurfaced in discussions. Additionally, the Foundation’s plans to sell Ethereum in 2024 and 2025 to cover operational costs have drawn criticism.

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Ripple CTO on Decentralization

Ripple CTO David Schwartz offered a nuanced perspective, emphasizing that decentralization isn’t solely about rigid rules or immutability. According to Schwartz, the freedom for Ethereum users to stick with the current system or migrate to alternative projects is a hallmark of decentralized systems. He highlighted that flexibility and choice are fundamental components of decentralization, suggesting that the changes within Ethereum’s ecosystem are not a step backward but rather an evolution.

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Ekran goruntusu 2025 01 22 155055

Support from Solana’s Founder

Toly Yakovenko, the founder of Solana, echoed similar sentiments, emphasizing the necessity of radical changes for long-term sustainability. Yakovenko described Ethereum’s evolution as a critical step in its ongoing development. He believes transformative shifts, even if controversial, are often essential for an ecosystem’s growth and resilience.

Balancing Change and Principles

As Ethereum undergoes these adjustments, debates surrounding the balance between adaptability and core decentralization principles persist. Both Schwartz and Yakovenko’s perspectives suggest that evolution and flexibility are crucial for maintaining relevance and sustainability in the ever-changing crypto landscape.

Tags: David SchwartzdecentralizationethereumRipple CTOvitalik buterin
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David Moore

David Moore

I am a writer/editor and aspiring author with a high level of editing, writing, communication, leadership and research skills. I possess the proven ability to copy edit, write, fact check, format, calculate and verify numbers/percentages, interview people, perform research, teach and produce something meaningful from scratch. I've worked in various industries and in a number of team environments, including in support roles. In addition to my identity as a financier, I have had the opportunity to write editorial in other sectors throughout my life. Without saying no to these demands, I tried to expand my range and go beyond the field of finance. I have experience editing academic course material, financial services/investment copy, valuation/appraisal content, packaging/caution language and marketing/promotional material. I was on the basketball team when I was in college, but after I got injured, I continued to support the coach and my teammates. I learned leadership skills and continued to coach basketball teams. I've managed young people, and excelled in a number of office cultures. I’m currently working as a Financial Editor for different digital news channels, with contents about personal finance management and cryptocurrencies. economy

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