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Well-known KOL questioned Buterin: The Ethereum Foundation’s charging of high consulting fees may harm the interests of the community

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2024-06-03 19:02:151064browse

Well-known KOL questioned Buterin: The Ethereum Foundation’s charging of high consulting fees may harm the interests of the community

Recently, we can see from time to time in the community that users criticize the Ethereum ecosystem for not having made any achievements in this bull market. Apart from the re-staking narrative, there is no value for users to spend. Projects involving high gas fees.

After all, in the last bull market, under the catalyst of the DeFi and NFT markets, the average transaction fee was often 100-200gwei. However, in this bull market, because few people are participating in the Ethereum ecological project, the gas price of Ethereum has recently remained below 10gwei. As of now, the gas price is currently reported at 3gwei.

Well-known KOL questioned Buterin: The Ethereum Foundation’s charging of high consulting fees may harm the interests of the community

In response to external criticism, Vitalik Buterin, the co-founder of Ethereum, tweeted on the social platform X on the 18th that he was very proud that Ethereum has a platform for people to express their ideas Freedom: I'm proud of Ethereum because it has never had a culture that prevented people from expressing their opinions, even if those opinions were very negative about the protocol or big things in the ecosystem. Some people wave the idea of ​​"open discussion" as a flag, while others actually take it seriously.

Although Vitalik appreciates the public’s freedom to express their thoughts on Ethereum, the free speech under his tweet has caused controversy.

Conflicts of interest among members of the Ethereum Foundation holding two positions

Cobie, a well-known crypto KOL with 723,000 fans on the social platform X, left a message under his tweet saying: Ethereum Foundation Should core developers or researchers accept high compensation from Ethereum projects and become "advisors" to the project, especially when these projects may have conflicts of interest with Ethereum now or in the future. For example, purely from a theoretical perspective, let's say the project is EigenLayer.

As soon as these remarks came out, they immediately triggered heated discussions among many people. One group of people believed that it is normal to receive a salary as a consultant; another group of people believed that the project party hired internal personnel of the Ethereum Foundation as "consultants" to meet There are many potential risks.

In addition, Cobie further gave an example of conflicts of interest that Ethereum Foundation personnel may face: If your annual salary in Ethereum (Foundation) is US$100,000, but someone pays you US$10 million to "suggest" They, and the project that pays you "advice fee" is contrary to the interests of Ethereum, then will this researcher be biased against Ethereum because he accepted the $10 million payment from the other party?

Foundation researcher admitted: is discussing a million-dollar award with the Eigen Foundation

As of the deadline, Vitalik Buterin has not responded to his comments. But as Cobie's remarks continued to spread, Justin Drake, a core researcher at the Ethereum Foundation, tweeted the next day (19th) that he had just served as a consultant for the Eigen Foundation and was negotiating millions of dollars in consultant incentive fees over three years.

However, Justin Drake promised to reinvest the incentive fees into Ethereum ecological projects or make donations. If the project moves in a direction that is not conducive to Ethereum, he will also terminate his advisory position.

At the same time, Justin Drake also said that the Ethereum Foundation is an organization of more than 300 people. As far as he knows, there are three foundation personnel who have formal relationships with EigenLayer, one is an early investor and two are Eigen Foundation consultants. However, he believes that the members of the Ethereum Foundation he knows are all people with high ethical standards. Will engage in unethical behavior.

But in an organization with more than 300 people, even if most members have the high moral standards described by Justin Drake, will there be a small number of members who do things that are contrary to the rights and interests of Ethereum due to their own interests? It is worthy of our deep thought and continuous observation.

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