UPDATED FRI 23 OCT · 14:16 UTCLIVE
CryptoMedium

Ethereum Protocol Design Under Fire: Devs Don't Use Their Own Product

A viral critique by Ethereum Foundation engineer @pcaversaccio — arguing that ETH protocol designers don't actually use Ethereum — drew endorsements from both Solana co-founder Anatoly Yakovenko and prominent Aave contributor Marc Zeller.

What we know

The thread was ignited by an @pcaversaccio post arguing: 'the foundational problem with Ethereum protocol design is that most of the people designing the protocol don't actually use Ethereum themselves.' @toly quoted it approvingly, framing the ideal optimization targets as products with AUM and retail volume — naming Phantom, Pump.fun, Jupiter, Kamino — rather than validators, devs, or core engineers. Separately, an account on X of Aave/MakerDAO called pcaversaccio 'the best hire ever at the EF' and said his comments had 'needed to be said and heard for a decade.' The debate highlights growing tension between protocol developers and application-layer builders across the Ethereum ecosystem.

Sources

@toly

“Products with a ton of AUM and a ton of retail volume are the two most important groups to optimize for”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.