An important warning came to question the future of the largest Altcoin Ethereum (ETH) community. Alliance Founding Partner Jacob FanekHe argued that Ethereum’s current investment strategy did not produce efficient results and that young developers shifted to other fields. According to French, the excessive focus on Hackathons and neglecting the user experience weakens the competitiveness of the Altcoin king. Noting that the younger generation thinks of speed, simplicity and opportunity -oriented, French, Ethereum needs to encourage new initiatives, he said.
Hackathon Criticism to Ethereum
French, Ethereum He said that his community turned to Hackathons and rarely produced strong products. According to him, thousands of dollars of prizes are insufficient to give birth to projects that will have worldwide impact. “The best products in the artificial intelligence industry did not come out of Hackathon, Firek said Franek, Ethereum ecosystem has an unrealistic expectation at this point.
Although Ethereum allocated large budgets to developer events, French, this strategy did not attract young and talented entrepreneurs. “There is extreme hackathon culture in the crypto currency world. No other sector does not make so many hackathon, Franden Stressed Franek, stressed that these resources should be directed to accelerating programs and early stage investment funds.
“New generation developers can shift to other areas”
According to French, one of the biggest risks is the young developers instead of Ethereum artificial intelligence to sectors such as. Stating that Ethereum has lost potential entrepreneurs by investing in the research only, Firek said, “If you cannot withdraw young talents, you will disappear. It is clear.” He said. According to him, not only with theory, but with implementation and growth -oriented initiatives.
In addition, French, Ethereum’un technical infrastructure also thinks that there are serious problems. Layer 1 scaling and Layer 2 The deficiencies in the co -operation of the applications on it adversely affect the user experience. Firek said that the majority of users prefer the simplest application and emphasized that Ethereum should develop user -friendly solutions by saying “99 out of 99 chooses the least friction.” According to him, especially when the low attention time of young users is considered, the onboardding process has to be made almost perfect.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
