Bankless Ethereum’s Strategic Pivot: The Plan it Needs to Win
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Apr 21, 2025 
Dankrad Feist and Ansgar Dietrichs, both Ethereum Foundation researchers, dive into Ethereum's identity crisis and the strategic pivot needed for growth. They discuss challenges like leadership gaps and stagnation at Layer 1, emphasizing the importance of community-centered approaches. The duo explores innovations in Layer 2 solutions and how decentralization remains crucial in a competitive landscape. They highlight organizational shifts within the Ethereum Foundation and the potential of zero-knowledge scaling technologies to enhance efficiency and user experience.
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Ethereum's Core Growth Problem
- Ethereum's main issue is lack of growth with less app building and users.
- The Ethereum Foundation focused on high-level research, neglecting user needs and product mindset.
Decentralization's Hidden Challenge
- Ethereum neglected the challenges that decentralization brings, leading to lack of centralized responsibility.
- This caused fractured development and no unified product vision for Ethereum.
L1 Growth Drives ETH Value
- Ethereum's lack of layer 1 growth is the biggest problem, directly impacting ETH price decline.
- Marginal growth is occurring on other L1 blockchains, not Ethereum.