Ethereum Developer Warns Paradigm’s Investment Influence May Undermine ETH Open-Source Ethos

An Ethereum core developer warned that venture capital firm Paradigm managing $12.7 billion could undermine the ETH ecosystem as the firm launched competing layer-1 blockchain Tempo with Stripe raising $500 million at $5 billion valuation while hiring top Ethereum talent including longtime researcher Dankrad Feist.

The post Ethereum Developer Warns Paradigm’s Investment Influence May Undermine ETH Open-Source Ethos appeared first on Cryptonews.