Is the Ethereum Foundation losing more devs?

This week we saw two notable departures from the Ethereum Foundation: Carl Beek and Julian Ma. There have been others leaving the project over the past few months too. Now, some folks in the community are starting to wonder if there are issues brewing within Ethereum, especially given ETH's lackluster performance lately. Some think it's just the usual ups and downs for big projects. But others are worried it might indicate a deeper crisis within the foundation.

Weak performance in terms of what? price? I highly doubt it has anything to do with that, I would even go further to say that the price is the least of their worries. If anything, it must be related to conflicting visions regarding scaling Ethereum further.

Ethereum's performance has slightly returned to its pre-NFT and meme hype, with fees being low despite running on a different consensus protocol. However, it's safe to assume there are internal issues within EF, especially after the community concluded that the EF mandate was updated last March, marking the beginning of a major reorganization and restructuring.

There might be other issues. They had sharp brains and most of the employees are moving towards AI ventures which seem to be the future.

Market price has nothing to do with developers' departure from the project. I think the main reason they left, was because they shifted their focus into other emerging industries. Like the AI industry, for example. Or they simply moved on to rival projects. Ethereum can do fine without them, because it's a community coin. There are many other volunteers working on it, to keep it the best crypto in the world (after Bitcoin). Unlike many of ETH's competitors, ETH is driven by solid, concrete results. It prioritizes usability over hype/speculation. As long as there's someone working on the project, there should be nothing to worry about. Hopefully, the Foundation attracts new talented minds in the long-term. Just my opinion.

Performance itself isn't necessarily weak because other major crypto suffer the same fate, failed to breakthrough and surpass previous cycle all time high. My honest take is, this is normal. Instead, I'm more bullish about Ethereum than ever because Vitalik's latest development proposal is very solid and has been on point, from consolidating liquidity from layer 2 and to bake in privacy directly into Ethereum.

Two names leave ethereum will change nothing. they still have around 170 core developers who actively develop ethereum. I admit losing their sernior developers mean the fondation is also losing their instutitonal memory who helped them to develop for years. However, let's bee positive! who knows those who leave ethereum feel burn out in the company. So they decide to leave because they wanna start their own and try a new challenge. So i think the assumption there is an internal problem in th foundation is just pure speculation.

Price performance is a common issue across the altcoin market in this cycle, not just for ETH alone. However, I think the opposite. Although Vitalik is the heart and soul of Eth, the departure of many senior members and core developers is an alarming sign that should not be taken lightly. Because ETH is not a small network, and no matter how skilled Vitalik is. He alone will not be able to sustain, develop, and solve all the problems of the entire ecosystem in the long term. Personally, I would avoid investing in ETH at this stage.

There is no publicly available information clarifying why they are leaving but there are different speculations by different people but what seems to be common is that there may be internal disagreement about the future of Ethereum. The good thing is that there is no obvious effect of this on the price of Ethereum so it does not call for much concerns. However, I hope the situation is arrested as soon as possible because if the trend continues, it may affect the price and that will not be good for investors and holders of ETH. I can't stand another LUNA experience because a lot of people have not recovered from that.

We can only speculate on this matter but tying it to weak performance of a coin because someone was leaving the foundation is likely unwarranted. If we can see that there's only one or no one already working on the project that's where we could be alarmed. We know how Ethereum is getting ostracized especially on X but those are just speculators I guess that are just crying over the price that didn't agree on their terms. Did they leave or they are just venturing on other things or maybe they'll make part ways to make their own projects? We've seen like this in the past and it's just some kind of growing and that's not bad tbh.

That's possible, basically in the last cycle Ethereum really didn't make significant progress even though their ETF entered the market, but still the performance is not very proud, maybe there are internal problems that are not publicized because there may be differences of opinion in these developers, or maybe they both have different concepts to create new projects and decide to leave Ethereum, this information cannot be confirmed yet, we have a lot of blind spots about what is happening with Ethereum behind it.

I agree with the submissions of members here that said that the developers exit from the Ethereum foundation has nothing to do with it not being bullish in this circle, it runs deeper than that, it is most likely a crisis. It probably have been brewing long before now and most of us are just getting it now that the top guys are exiting the scene, it is sad if internal crisis is actually what it is that is affecting their exit. This is definitely not a bullish news for Ethereum and no wonder we have been hearing lately about some institutions that are dumping or about to dump their Ethereum on the market and the we should expect more dump from retail investors who wouldn't want to be caught up on internal crisis while their hard earned money is at stake. We will wait and see how the drama will unfold and how it further affects Ethereum price.

In this cycle ETH’s performance does not appear to be weakening in terms of price. And even Ethereum managed to set a new all-time high about nine months ago. The departure of several Ethereum developers was reportedly scheduled well in advance (Source). And there have been no reports of internal issues. I personally believe this is simply a matter of their personal preferences. And the fact that their departures did not happen suddenly indicates that there are no ongoing internal issues. Several speculations regarding the departure of these developers have surfaced. And many have raised concerns about Ethereum’s future sustainability. But I believe these speculations cannot yet be proven to align with reality given that there are no concrete indications to support them. On the other hand I believe that Ethereum Foundation team has already prepared potential replacements for them so that their roadmap can proceed as planned.

I wonder if it has something to do with the recent EF's recent strict cypherpunk alignment which trying to downsize its influence. Developers leaving project is always such a mystery because for some reason they don't want to speak up about what went wrong and the internal turmoils.

Developers leaving the foundation doesn't rely on its price. Each might have their personal endeavor and goal that's no longer aligned with what they're working with Ethereum. So, them leaving is a normal thing to be seen in this space where its tech related and all things are fast paced. I don't think that it has something to do with the price or it might be when they're not satisfied with it and whatever they receive from their tasks are no longer worth it for them. It's all about any possible reason that they can be as a person.

These are things we have when there is no concession in their decision-making process, gotten something related to this before in the past and this is what brought about the Bitcoin cash when the developers have to pull out of the Bitcoin network, what's there is no unity in sharing a common goal, conflict become inevitable, investors have to pull out and make their own project separately.

If it is true that there is a crises inside, then it should be solved immediately. They are only like a coward if they leave instead but that brings a negative impression in the ETH more and maybe that is also the cause of the dumping lately? I only blame those big companies who dump their ETH without knowing these things first. Their actions are in fact appropriate. On the other POV, maybe there is only a co incident that occur. You know, many cryptos are still weak as we are still in a bearish trend and there is another reason on why devs are exiting ETH. Not sure if it is true but I also heard last time that Vitalik leave ETH too. So the new founder of ETH might be much stricter and its employees can't take his attitude anymore, resulting for them to quit one by one. But he might still hire a replacement for them and for sure, a lot are still interested to work on this project. We can't just disregard the influence ETH bring though in the crypto world.

Privacy on Ethereum? Good luck with that. Regulators won't like the idea. If it does get implemented, it would only be an optional feature. Not mandatory like it's the case with Monero or Firo. Privacy-enabled smart contracts and transactions will open up new doors for ETH. We might see the emergence of privacy-oriented stablecoins as a result. Huge for ETH's market price, imo. The only thing that's "killing" Ethereum is limited transaction capacity compared against the competition. Even with recent upgrades, SOL and BSC have better performance than ETH itself. I guess that's why ETH's market prices have been relatively-stagnant. It's almost impossible for it to reach a new ATH. We'll see what happens in the long run.

ETH is a scam. Scammers know that most people do not understand Bitcoin and are vulnerable to FOMO. Many people believe they have already missed out on Bitcoin, so they are persuaded to search for “the next Bitcoin”That is why scammers keep creating the idea of “the next, better Bitcoin”: a Bitcoin that is faster, a Bitcoin that is more private, a Bitcoin that can host fiat tokens, or a Bitcoin that supports smart contracts.Before launching a scam coin, its creators often reserve a large portion of the supply for themselves and then sell the rest to retail investors. Ethereum also began with a presale and an allocation for early contributors and the Ethereum Foundation approximately 60 million ETH were sold in the presale, while around 12 million ETH were set aside for insiders and the foundation. Altcoins are scams and distractions. Study Bitcoin only and stay away from them.

This is not going towards privacy I am 100% sure of that. ETH is not really looking for that. Only thing ETH needs right now is to make sure they attract locked funds, as in more tokens under the ERC20 umbrella just like 2021, and since we are in the bear market, ETH has enough time to study and work towards building a better attractive one. SOL took over last time, ETH was still second place, but all projects preferred SOL because it was cheaper and faster. ETH needs to get cheaper and faster to be able to actually do something about it and gain some of its power back.