My view is that the ETH community and the Ethereum Foundation are two different entities.
Ethereum the cryptocurrency was simply a vehicle to raise money, primarily from the public, to pay for the development of Ethereum the platform and support the EF. Owning ETH is not like owning stock in the EF and profits that the EF earn from projects in the corporate world are not payable to ETH holders (making the currency less valuable than a stock).
The Ethereum Foundations source of income in the future will come primarily from joint projects with the corporate world and involve private blockchains. As such ETH holders will receive no net benefit from the EF.
This isn't to say that a certain quantity of Dapps won't be developed for the public chain; but, a short investigation of what's currently available and being developed is unimpressive.
The target of the EF has always been the corporate world and they created ETH the cryptocurrency to fund that. In the long run they will offer less and less to the ETH community.
Ethereum the cryptocurrency was simply a vehicle to raise money, primarily from the public, to pay for the development of Ethereum the platform and support the EF. Owning ETH is not like owning stock in the EF and profits that the EF earn from projects in the corporate world are not payable to ETH holders (making the currency less valuable than a stock).
The Ethereum Foundations source of income in the future will come primarily from joint projects with the corporate world and involve private blockchains. As such ETH holders will receive no net benefit from the EF.
This isn't to say that a certain quantity of Dapps won't be developed for the public chain; but, a short investigation of what's currently available and being developed is unimpressive.
The target of the EF has always been the corporate world and they created ETH the cryptocurrency to fund that. In the long run they will offer less and less to the ETH community.
The Ethereum is just 1 year old. If you count from the ICO period, it is just two years old.
So it is impressive that there are already some DAO for the main chain.
Hi
I also feels Etherurm still have great future. And comprision with age it's already achieve lot of success.
Etherurm still flrorishing and will. Everything have some tough phase as Etherurm feeling right now!
Thanks!
