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# Ethereum’s Own Architect Just Admitted the Whole Strategy Failed

**[Coins Bench](https://daily.dev/sources/coinsbench)** · 8 min read · 0 upvotes · 0 comments

## Summary

Ethereum researcher Dankrad Feist, the architect behind Dank Sharding, publicly argued that Ethereum's neutrality-first strategy has failed and proposed a $1 billion ETH-denominated fund to fight for the network's competitive position. The post analyzes the context: ETH is down 44% over two years while BTC is up, the Dencun upgrade collapsed ETH burn by cutting L2 fees 90%, Coinbase's Base kept $94M in profit while paying Ethereum only $4.9M, and at least eight senior departures have hit the Ethereum Foundation. Feist's proposal calls for a perpetually funded advocacy organization economically aligned with ETH's price. The piece frames this as a civil war between those who want Ethereum to 'fight' commercially and those who defend its neutral protocol-steward identity, with Vitalik notably silent.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://coinsbench.com/ethereums-own-architect-just-admitted-the-whole-strategy-failed-285f739e5ae5>

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Tags: [#crypto](https://daily.dev/tags/crypto), [#blockchain](https://daily.dev/tags/blockchain), [#ethereum](https://daily.dev/tags/ethereum), [#decentralization](https://daily.dev/tags/decentralization)

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