Eva Beylin Of Ethereum Foundation Creates a Survey to Take a Look at Community Sentiments


A member of Ethereum Foundation, Eva Beylin took to Twitter to announce that she has created an unofficial survey to take a closer look at the sentiments around Ethereum’s governance.

A Swiss non-profit foundation, the Ethereum Foundation (Stiftung Ethereum), was created as well. Development was funded by an online public crowdsale during July–August 2014, with the participants buying the Ethereum value token (ether) with another digital currency, bitcoin.

Earlier this week Ethereum core developer and project manager Lane Rettig had Tweeted:

“Ethereum governance has failed. We are a de facto technocracy, where a small group of technocrats, the core devs, have final say over what goes into the protocol.”

Ethereum governance may sound dull and boring but it’s arguably the most crucial aspect of development for the second largest blockchain by market cap. Rettig is a part of the project management group known as the Ethereum Cat Herders, has been at the center of the governance row. He had obviously moved to a breaking point when he posted his tweet.

Developers are not keen to make decisions on non-technical issues, which are political in nature and the Ethereum Foundation, will not step up to the plate for decision making, for fear of taking sides. Rettig gave 5 suggestions of which two relevant ones are:

“2. Replace technocracy with plutocracy. Ether holders would be all too happy to take control of decision making. 3. Double down on the tyranny of structurelessness that we’re in today. Give up on technocracy, embrace capture by the elites, the well-connected, the already-powerful.”

This divided the community, as Eva said on Twitter:

“Incentives to participate: Provide diverse community perspectives Contribute to accurate sentiment analysis (better signal to noise) communicate views anonymously The goal is to get broad input, incl. devs, miners, investors, community etc.”

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide