The Deceptive Funding and Development of Ethereum: Unveiling ConsenSys’ Role
At the center of Ethereum’s development lies ConsenSys, a blockchain software technology company. Renowned blockchain expert Mr. Huber has shed light on the intricate connections and operations of ConsenSys, revealing a carefully crafted funding and development strategy.
Key Points:
– ConsenSys used shell companies to develop Ethereum, concealing the identity of key investors and the route of funding to alleviate concerns and fears.
– Swiss ConsenSys AG and Joseph Lubin have played significant roles in supporting the Ethereum Foundation through tax-deductible donations in Switzerland. These donations were then funneled back to US-based ConsenSys Inc. as project sponsorships, resembling a form of “money laundering.”
– Joseph Lubin, co-founder of Ethereum and head of ConsenSys, has been instrumental in crafting this sophisticated funding web, avoiding public scrutiny and outcry.
– ConsenSys’ extensive reach within the Ethereum ecosystem raises questions about transparency, accountability, and the nature of relationships within the crypto sphere.
– The complex network of organizations and funding routes underlying Ethereum illuminates the influential role of ConsenSys as the platform continues to grow.
Hot Take: Uncovering the Hidden Web of Ethereum’s Development
The revelations about ConsenSys’ involvement in Ethereum’s funding and development highlight the complexities and potential lack of transparency in the crypto industry. As Ethereum continues to evolve and gain prominence, it becomes crucial for the community to examine and address these concerns to ensure a more open and accountable ecosystem.
By
By
By
By
By