Paradigm executives call for faster Ethereum development, more than one major upgrade per year

Odaily News Crypto VC Paradigm co-founder Matt Huang, CTO Georgios Konstantopoulos, and general partners Dan Robinson and Charlie Noyes issued a call to speed up the development of Ethereum, stating: "There is a reasonable debate about where Ethereum's North Star should be. But no matter where you think Ethereum should go, it's better to get there faster... We believe that Ethereum should focus on reaching the possible effective boundaries, and then hypothetically argue how we will choose between values once we reach these limits."
The article directly calls on Ethereum to speed up its development and release more than one major upgrade per year, while opposing the idea that the best way to protect Ethereum's decentralized status is to slow down or "ossify" the development of the core protocol.
It points out: "The core development process is one of the main mechanisms for off-chain governance of the Ethereum social layer, reflecting the opinions of engineers, researchers, validators and institutions. Rigidizing the core protocol means giving up this governance mechanism and Ethereum's ability to respond to changes in market structure in areas such as L2 and MEV."
The authors also proposed several “non-controversial improvements” that they believe should be deployed quickly rather than postponed to accommodate annual major upgrades. Some changes include repricing L1 opcodes to scale Ethereum without modifying the block gas limit, improving the user experience of batching transactions by further developing the account abstraction framework, and further developing rollups that can meet growing demand.
Paradigm also highlighted its work on Reth, which currently accounts for 2% of Ethereum's execution clients. According to data from Client Diversity, the client Geth has a 43% market share, while the second-place Nethermind has about 36% of the market share. The article reads: "We intentionally built Reth as an SDK for building 'EVM Core' nodes so that researchers and engineers can experiment and innovate. We invite the research community to work with us to use Reth to prototype new features for Ethereum's performance, censorship resistance, and future development." (The Block)