Yuyue
Yuyue|May 21, 2026 08:00
The Ethereum Foundation is just like the late Qing government. Constantly selling off ETH assets and core ecosystem interests to the inner V circle, completely ignoring the fate of holders. In the end, it’s not about realizing their mistakes, but realizing that if they don’t save themselves, Ethereum is doomed. So they hastily rolled out the idea of 'decentralization as the essence, centralization as the utility,' introducing DAT, only to once again face the complete failure of Wall Street-style operations.
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