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Former Geth Lead Péter Szilágyi Reveals Ethereum Foundation Tensions in Leaked Letter


by Vignesh Karunanidhi
for CoinEdition
Former Geth Lead Péter Szilágyi Reveals Ethereum Foundation Tensions in Leaked Letter
  • Szilágyi earned $625K total over the first six years maintaining Geth client software.
  • Letter criticizes small group of 5-10 people controlling ecosystem investment access.
  • Polygon CEO Sandeep echoes concerns about community treatment of major contributors.

Former Go Ethereum lead developer Péter Szilágyi has shared an internal letter sent to Ethereum Foundation leadership eighteen months ago detailing frustrations with compensation structures and ecosystem governance. The letter surfaced publicly as Szilágyi addressed concerns on social media.

Szilágyi disclosed receiving $625,000 total compensation during his first six years at Ethereum Foundation, covering the period when ETH market cap grew from zero to $450 billion. The amount includes pre-tax earnings with no additional incentives.

The former Geth lead characterized Foundation compensation as creating…

Read The Full Article Former Geth Lead Péter Szilágyi Reveals Ethereum Foundation Tensions in Leaked Letter On Coin Edition.

Read the article at CoinEdition

Read More

ETH $10K Path Projected by Analyst as Ether Whales and Sharks Show ‘Signs of Confidence’

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Bitmine’s Tom Lee Sees Crypto Rally Into Year-End, Says S&P 500 Could Climb Another 10%

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Former Geth Lead Péter Szilágyi Reveals Ethereum Foundation Tensions in Leaked Letter


by Vignesh Karunanidhi
for CoinEdition
Former Geth Lead Péter Szilágyi Reveals Ethereum Foundation Tensions in Leaked Letter
  • Szilágyi earned $625K total over the first six years maintaining Geth client software.
  • Letter criticizes small group of 5-10 people controlling ecosystem investment access.
  • Polygon CEO Sandeep echoes concerns about community treatment of major contributors.

Former Go Ethereum lead developer Péter Szilágyi has shared an internal letter sent to Ethereum Foundation leadership eighteen months ago detailing frustrations with compensation structures and ecosystem governance. The letter surfaced publicly as Szilágyi addressed concerns on social media.

Szilágyi disclosed receiving $625,000 total compensation during his first six years at Ethereum Foundation, covering the period when ETH market cap grew from zero to $450 billion. The amount includes pre-tax earnings with no additional incentives.

The former Geth lead characterized Foundation compensation as creating…

Read The Full Article Former Geth Lead Péter Szilágyi Reveals Ethereum Foundation Tensions in Leaked Letter On Coin Edition.

Read the article at CoinEdition

Read More

ETH $10K Path Projected by Analyst as Ether Whales and Sharks Show ‘Signs of Confidence’

ETH $10K Path Projected by Analyst as Ether Whales and Sharks Show ‘Signs of Confidence’

Analysts on X outlined five-digit targets for ether while Santiment said larger walle...
Bitmine’s Tom Lee Sees Crypto Rally Into Year-End, Says S&P 500 Could Climb Another 10%

Bitmine’s Tom Lee Sees Crypto Rally Into Year-End, Says S&P 500 Could Climb Another 10%

On CNBC, Tom Lee said Fed cuts and fading skepticism could lift U.S. stocks into year...