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The Ethereum Foundation has lost a wave of senior people in the span of a few months. A new co-executive director nobody has ever met is cutting budgets and releasing documents with a certain aesthetic.

Vitalik published a post saying ETH the asset is the most high-value product of the blockchain. And David Hoffman sold his last ETH.

Zak Cole, president of the Ethereum Community Foundation, and Greg Markou, co-founder of Sprinter and ChainSafe, join Laura Shin to sort through what’s a bear market tantrum, what’s a structural failure, and what would actually need to change for Ethereum to stop ceding ground to its competitors.

The conversation covers the CROPS mandate, the rumored loyalty pledge, broken cryptoeconomics, and what Zak says the EF still refuses to admit.

Transcript

Host:

Guests:

    • Greg Markou – Co-founder and CEO, Sprinter; Co-founder, ChainSafe
    • Zak Cole – Managing Partner, Number Group; President, Ethereum Community Foundation