Ethereum‘s (CRYPTO: ETH) underperformance compared to other big cryptocurrencies has caused a stir in the crypto community, but its leadership maintains that its culture is the key to long-term success.
What Happened: According to Devansh Mehta, public goods and governance lead at the Ethereum Foundation, Ethereum’s strong, community-driven culture focused on openness, transparency and challenging authority is Ethereum’s core strength.
In an interview with Benzinga, Mehta said this unique culture attracts top-tier talent and fosters innovation, giving Ethereum a significant advantage over competitors.
Mehta emphasized that Ethereum’s strength lies not just in its technology, but in the collective values of its contributors.
“Ethereum wins because of its community,” Mehta stated, highlighting the presence of “top notch teams all working in the same ecosystem, sharing similar values of openness, transparency and rebelliousness against authority.”
He contrasted Ethereum’s culture with that of other …
Full story available on Benzinga.com