Is Institutional Adoption Ethereum’s ‘Worst Enemy’?

Ethereum’s biggest threat might actually be what most see as its next milestone — institutional adoption. At least that’s what pcaversaccio, a pseudonymous analyst at blockchain security firm Seal 911, suggested recently on X, warning that traditional finance could tame the network’s open, cypherpunk spirit.

In a late September post, pcaversaccio argued that as bigger finance players enter the ecosystem, the more “influence they wanna have on future hard fork decisions,” treating compliance as a feature rather than a constraint.

“Look, you can go all mainstream, but we should actually celebrate it when Ethereum isn't chosen by tradfi clowns. That means we're doing something right. I won't let Ethereum be tamed, neutered, or turned into just another corporate playground. Never,” pcaversaccio wrote.

To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io