Altcoin number one Ethereum (ETH) is facing an unprecedented wave of criticism from its own community.
Well-known crypto lawyer John Deaton noted a significant drop in support for the project, describing the current sentiment as the lowest in nearly nine years of working in the space.
One of the main dissatisfied is Multicoin Capital co-founder Kyle Samani, who opened a position in the cryptocurrency in 2016.
However, his faith in the platform began to wane at Devcon 3 Ethereum in 2017 because he realized that management had failed to address the most pressing scaling issue.
He came to the conference inspired, but left disappointed by the lack of a strategic vision for the project.
Samani wrote on social media that no one in the circles Ethereum The Foundation was not aware of the specific scaling plan, nor of the leadership and priorities Ethereum little has changed.
Solution Ethereum 2.0 based on Proof-of-Stake and sharding did not bring the desired progress, which further disappointed users and developers.
These issues have forced many crypto project teams to explore alternative platforms that offer improved scalability and lower fees.
