According to BlockBeats, at the roundtable discussion on the theme of "Why SOL Will Flip ETH" held on the first day of the TOKEN2049 main venue, Kyle Samani, co-founder and managing partner of Multicoin Capital, expressed his views on the development of Ethereum.
Samani pointed out that Ethereum has been launched for 9 years, but its community has developed slowly and has never been able to clearly define its own position. He emphasized three key nodes in the development of Ethereum: DeFi Summer, the launch of the new roadmap in October 2020 (which is unfavorable to DeFi), and the transition from PoW to PoS in 2022.
Samani specifically mentioned that Ethereum had planned to switch to PoS before the mainnet was launched in 2015, but it took seven years to actually achieve it. He believes that the Ethereum community has not been able to clearly define its own development direction, which is the main reason for its slow development.