INSUBCONTINENT EXCLUSIVE:
A lead developer of the Geth Ethereum client has accused the Ethereum Foundation (EF) of secretly creating and funding a second Geth
the organization undermined the Geth development team in several ways, including encouraging the developers to work at other firms,
proposing salary cuts and offering $5 million for the team to spin off into a private company
One '100% independent fork from us, with no intended collaboration,' according to Josh Stark, and they didn't tell either me, Felix, or
said he was fired from the Ethereum Foundation following a one-on-one meeting with Josh Stark, a representative for the Foundation, where he
initiatives aimed at promoting the blockchain protocol to institutional investors to renew interest in the Ethereum network.Related:
development team to focus on scaling the protocol, increasing blobspace, and improving Ethereum's user experience, which critics have long
argued is too complex for the average person.The Ethereum Foundation also pivoted to a funding strategy driven by yield from decentralized
finance (DeFi) lending and borrowing as opposed to its traditional method of selling Ether (ETH) on the open market to fund operations.As
part of the new treasury strategy, the foundation will also produce regular financial reports outlining operational costs and current
