Ethereum (ETH) node project Akula shuts down in wake of Paradigm competitor

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<b>Ethereum (ETH)</b> node project Akula shuts down in wake of Paradigm competitor (ETH) node Akula shuts down in wake of competitor" decoding="async" loading="lazy" />

The developers behind Akula, an Ethereum (ETH) client implementation, have decided to scrap the project because they cannot compete with a newly announced rival project that has similar features and is by a well-known cryptocurrency VC firm.

Akula is a high-performance Ethereum (ETH) client written in Rust. Ethereum (ETH) clients are software applications that allow nodes to blocks on the and interact with smart contracts. Ethereum (ETH) core Artem Vorotnikov began building the project as an open-source client implementation in 2021 with a small team of developers.

Only this development work is now at an end, as reported by an announcement announced on Wednesday. The developers will no longer maintain or run the project, but the code is still available because it’s open source. The notice cited the emergence of an identical node client by a team with access to better financing but did not the project.

“Sadly, we cannot outcompete multibillion VCs who copy-paste our architecture and code,” said Vorotnikov in a tweet on Wednesday.

This rival project is believed to be Reth, a Rust-based Ethereum (ETH) client run by the cryptocurrency VC outfit Paradigm. Vorotnikov shared screenshots showing Paradigm’s Georgios Konstantopoulos asking highly about Akula. At the time, Vorotnikov asked what Paradigm was building, assuming it would be built on Akala, but received no response.

After that conversation, the developers of Akula heard that Paradigm was indeed working on its own project. As a result, they decided to discontinue work on Akula because they figured the competitor would quickly match and surpass it. “We do not see how Akula will be able to attract future financing from (and this is how it is funded now), and consequently, it does not make sense to spend our scarce on it,” the notice stated.

Vorotnikov added that he will take a step back from Ethereum (ETH) development for the foreseeable future. He had likewise been contributing to Erigon, an Ethereum (ETH) client written in Go.

Following Akula’s statement, Konstantopoulos announced Reth and provided some core details about it. He claimed Reth is not a copy or a rewrite of any other client implementation, adding, “Reth does not include code from any existing client but stands on the shoulders of giants including Geth, Erigon and Akula.”

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