Polkadot in Focus Since Afri Left Ethereum


A brief review of previous spikes of similar topic.


February 19th:
An ETH Core developer and Parity release manager, Afri Schoedon announces he’s quitting Ethereum, after some accused him of conflict of interests over his recent comments.

Afri criticized Ethereum’s roadmap and praised Polkadot, an interoperability protocol developed by Parity, which some claim stands to benefit from a slow Ethereum network.


March 9th:

Drama in the r/ethereum subreddit, as Ryan Zurrer (u_rzurrer) is accused of conflict of interests and called to step down as the subreddit moderator.

Among other things, some claim Zurrer tried poaching ETH developers for Polkadot, publicized Ethereum’s shortcomings and questioned the future of the platform.

Zurrer lamented the ETH community’s “maximalism”, saying that “projects can and will deploy in many ecosystems and that is great for the space generally”.


April 12th:

A pseudonymous developer has begun working on Dothereum — a copy of Ethereum built atop Polkadot’s technology.

Some have speculated that Afri has taken his talents to DOT, as EthHub‘s Eric Conner has suggested he’s behind the new project’s Twitter and Reddit pages:

soc1c is the only moderator of /r/dothereum. No other evidences at this moment.


Few interesting comments on reddits:


There are rumors it's Web3 funded, but u/web3jp says its not so its likely that's just a rumor. There isn't a solid connection between s0c1c and afri, atleast AFAIK. Someone said they confirmed it somehow but it was through some twitter thing that I didn't bother to check myself so it could've just been a lie. All I know is its just shady. And smells fishy.


Not sure what all is confirmed or not, but what seems to be confirmed is Afri is working on "Dothereum" which is a fork of Ethereum on Polkadot, yes. He made the post he was stepping down as an r/ethereum mod, meanwhile he *allegedly* is now posting under another pseudonym on reddit u/s0c1c, who created the subreddit r/Dothereum 8 days ago.


You know what, I feel like we deserve an apology. We all knew Afri was attempting to disrupt the community while pledging allegiance to Polkadot. Yet the core devs placed blame on us. Now we have Dotethereum created by, you guessed it, Afri. A chain that will fork off of Ethereum in order to retrieve lost funds. Just as we suspected.


We really don't know much this is largely speculation. Even if Afri is creating an eth fork, who cares? Be aware of it but don't freak out. Be confident in ourselves. You can be skeptical of Afri and still not appreciate the pitch fork mob that handles the situation with extreme negativity.


The most significant, as a sentiment:


Long time Etherean (since 2016) but I'm starting to wonder if I backed the wrong horse. The never ending drama with Parity, Afri, scaling delays, ect is really starting to take it's toll on me. I will be buying a lot more Bitcoin this year once the ratio goes up, just in case I'm wrong.


Guesses around the fork and price:

  1. Its a little confusing what it would be. It might be what is called a Hardspoon. Basically a snapshot of the ETH chain, but then implemented on the polkadot chain. It would be similar to a hard fork in that people holding ETH would then have DOT/DETH (whatever it will be called) on the Polkadot chain.
  2. Just a testnet right now. Supposedly end of this year is when this would all go down.

Another interesting wrinkle is where/when they decide to snapshot ETH. It would probably be announced at what block height they will do it. Could cause a nice run on ETH if people value the new DOTs.


How do you think, will it bring crypto prices up or down?


Thanks for reading!

If you enjoyed this insight please leave a like, join discussion in the comments and share it with your friends!

0

Conversations (0)

No comments yet
Be the first to comment