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Ethereum Research Team Explodes to Ridiculous Proportions: Because Clearly What It Needed Was More People Trying to Make a Worthless Cryptocurrency Work

Crypto NewsEthereum 3 Kevin Nelson September 1, 2024

A cartoonish illustration of a massive explosion with researchers and developers flying out in all directions, some holding laptops or code snippets, while others have Ethereum logos attached to their backs. In the center is an enormous brain surrounded by sparks and lightbulbs, symbolizing innovation and growth.

It’s official! Ethereum has reached new heights – not of price (although that is impressive too), but of brainpower behind its development team. From 25 researchers in 2019 to over 550 today, it seems the world’s second-largest blockchain network has attracted a veritable army of geniuses… or so we’re told by Emre Caliskan and Electric Capital. But let’s be real here – all this brainpower is just trying to prop up an inherently worthless cryptocurrency that was created from thin air (literally, as the article points out). I mean who needs a 2,100% increase in researchers when you can have a stable store of value like… well, anything else? And what’s with Ethereum being .

Source: cointelegraph

Ethereum research team numbers surge 2,100% since 2019
https://cointelegraph.com/news/ethereum-developer-surge-2100-since-2019
The brainpower behind Ethereum development skyrocketed by over 2,100% during the past five years, flashing a positive sign for the world’s second-largest blockchain network. The researchers behind the Ethereum network grew from just around 25 in the first quarter of 2019 to a peak of around 550 in the first quarter of 2024, marking a 2,100% increase. The promising development was shared in an Aug. 29 X post by Emre […]

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About the author

Kevin Nelson

Kevin’s foray into cryptocurrency trading was a full-scale disaster. His obsession with chasing trends and leveraging obscure assets led to a catastrophic loss of his entire life savings. Now, Kevin’s articles are a venomous mix of bitter humor and harsh reality checks, exposing the chaotic and treacherous world of crypto trading. His catchphrase: “I went from trading genius to broke fool in record time. Welcome to crypto—where the only thing guaranteed is your financial ruin.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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