Even before flying into Denver, Colorado last Wednesday, I fully expected the fractured morale in the Ethereum community to be reflected in ETH Denver's attendance numbers
Twenty-five thousand enthusiastic fans from all over the world converged on the Mile High City last week, but murmurings of a leadership vacuum at the Ethereum Foundation persisted.
Breaking Down ETH Denver: The Good, The Bad, and The WeirdEven before flying into Denver, Colorado last Wednesday, I fully expected the fractured morale in the Ethereum community to be reflected in ETH Denver’s attendance numbers, but a record 25,000 people showed up, with an additional 5-10,000 fans only attending side events, according to public relations firm Yap Global.
The conference, originally started in 2017 as an Ethereum hackathon event by John Paller, acted this year, as a barometer I used to gauge the extent of simmering tensions between supporters and detractors of Ethereum Foundation President Aya Miyaguchi.
Although there was a hint of reduced enthusiasm, especially with the network’s archnemesis Solana recording its best year in 2024 while Ethereum floundered, the average ETH Denver attendee I spoke with neither knew nor cared about Miyaguchi’s “infinite garden,” and how her critics have blamed her for the platform’s technical lethargy and ether (ETH’s) dismal price performance.
“I actually don’t know what’s going on with Ethereum,” said Natalie when I asked her about the foundation’s issues. But after explaining the situation to her, she suggested more decentralization and less focus on a single individual.
“We should have decentralized leadership,” Natalie said. “I don’t think there should be power in just one person.”
But occasionally, I would run into a disgruntled attendee who would not only articulate what was at the heart of Ethereum’s woes but would also offer solutions to put the network back on track.
“Maybe if the developers were paid in ETH they would care more about the price of ETH,” said Ethan Baker, referring to the Ethereum Foundation’s policy of paying its staff in fiat versus ETH. “I think the
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