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Ethereum
He specifically pointed to Paradigm, an investment firm, as an example of a player that could present long-term risks if its role continues to grow unchecked.
Carrone stated in a post on X that although Paradigm has made useful contributions, like funding tools and hiring key developers, its profit-oriented goals could eventually shift Ethereum away from its original purpose.
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He warned that relying on a single group, especially one driven by business interests, could lead to decisions that do not align with the community’s vision.
He explained that Ethereum’s strength comes from being decentralized, and that means no organization should have too much say over how it develops.
When a company begins to shape important technical parts of the network, it risks moving priorities toward financial outcomes rather than what benefits users and developers.
Carrone stated that his criticism is not just about Paradigm. It is about any situation where a single fund becomes deeply involved in core areas of Ethereum’s ecosystem.
According to him, even well-meaning support can slowly create a system where decisions reflect corporate strategy instead of community needs.
Recently, the Ethereum Foundation created a new team, called the "Privacy Cluster". What is the team aimed for? Read the full story.
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