Ethereum’s civil war | ETH vs SOL
2025-01-22
Category: None

V for Vendetta 

People don’t want a quarter inch drill bit, they want a quarter inch hole in their drywall
But more than that quarter inch hole, they want to install a bookshelf on their wall
More than that, they want the books they display to tell visitors how smart they are!

The current battle going on within Ethereum follows a similar rabbit hole of layered ‘wants’ – and once you get to the bottom of it, you’ll think to yourself  
“Kind of a dumb thing to be fighting about, all things considered”

 Here’s what’s going down on the surface: 

Right now, a few factions within Ethereum are having a pretty public fight on Crypto Twitter (Nerds Fight Club) the basic gist of which is this…

 Side A: wants Ethereum to focus on heavily increasing its transaction speeds, and for the Ethereum Foundation (EF) to have a ‘wartime leader’ installed  

 beaniemaxi : Ethereum Foundation is run by a high school teacher from Japan that hates competition, believes in equality of outcome over opportunity and doesn’t recognize blockchain consensus as a means of governance. Ethereum has a woke culture problem. And because of that Solana is winning. 

 Side B: wants to keep Ethereum’s roadmap in its current state and for the Ethereum Foundation to continue building using the same slow n’ steady approach/ethos. 

VitalikButerin : No. This is not how this game works.

 The person deciding the new EF leadership team is me. One of the goals of the ongoing reform is to give the EF a "proper board", but until that happens it's me. 

 If you "keep the pressure on", then you are creating an environment that is actively toxic to top talent. Some of Ethereum's best devs have been messaging me recently, expressing their disgust with the social media environment that people like you are creating. YOU ARE MAKING MY JOB HARDER. And you are decreasing the chance I have any interest whatsoever in doing "what you want". Milady. 

Alright, that’s each side’s ‘quarter inch drill bit’. I love when V become angry!

From here on out, we’ll be focusing on Side A’s desires, ‘cause they’re the upstarts bringing the fight for change.and if you dig down into what they want more than faster transactions and an EF leadership reorg – their ‘quarter inch hole in the dry wall’ is:

A hyper present, charismatic leader/cult of personality that they can rally behind. 

You know the type… 

Someone that’s trawling through Twitter comments, counteracting FUD, sh*tposting here and there but more than anything: getting the broader community excited about the L1 

Kinda like what Anatoly do for Solana

 Mert:Solana supported 40 Billion USD in volume yesterday. for nonsensical but funny context, that is higher than the GDP of Iceland for the entire year — in one day!  

but Side A’s deepest desires? (Their ‘shelf full of books that make them look smart’?).

This one is so simple that it’s going to feel anti climatic at first…

They just want  CRYPTOCAP:ETH ’s price to pick back up.at its core, that’s what seems to be driving all of this: 

ETH’s price has been flat → they want that to change → so they’re trying to shake things up with shifts in leadership and roadmap 

the moment ETH enters price discovery, the vast majority of this anger/worry will be quickly dispelled, as the collective thinking switches back to: if it ain’t broke, don’t fix it

Also Konstantin Lomashuk, founder of Lido and P2P. org, creates a “Second Foundation” for Ethereum!

 Lets RUG America again 

Meanwhile the biggest degen of all time aka President Trump load another 50 Million dollar ETH again! the only thing he focusing right now is American people (their pockets I mean!) 

 give a man gun he steal the bank, give a man bank he steal the world 



