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Su Zhu: The problem with the Ethereum Foundation is that it cannot provide a coherent roadmap and leadership for the ecosystem
2024-08-26 05:30:06
Odaily News Su Zhu wrote on X that although the Ethereum Foundation sold 30,000 bitcoins raised in the early days when the price of Bitcoin fell from $600 to $300, Ethereum still became one of the most successful projects in the crypto field. He added that the problem with the Ethereum Foundation is not the early "dumping", but the current inability to provide a coherent roadmap and leadership for the ecosystem. Earlier news, Arkham wrote on X that the Ethereum Foundation sold ETH at high points in May and November 2021. But in 2020, the foundation sold 100,000 ETH, after which ETH rose sixfold. Recently, it sent another 35,000 ETH to Kraken, worth $95 million.