Paradigm executives call for accelerating Ethereum development, urging more than one major upgrade release per year.

Odaily Planet Daily reports that Matt Huang, co-founder of crypto VC Paradigm, along with CTO Georgios Konstantopoulos and partners Dan Robinson and Charlie Noyes, have called for an acceleration in Ethereum's development speed. They stated: "There is reasonable debate about where Ethereum's north star should be. But regardless of where you think Ethereum should go, it would be best to get there faster... We believe Ethereum should focus on reaching possible effective boundaries, and then hypothetically discuss how we will make choices between values once those limits are reached." The article directly urges Ethereum to speed up its development, suggesting that significant upgrades should be released more than once a year, while opposing the idea that the best way to protect Ethereum's decentralized status is to slow down or 'stagnate' core protocol development. They pointed out: "The core development process is one of the main mechanisms for off-chain governance in Ethereum's social layer, reflecting the opinions of engineers, researchers, validators, and institutions. Stagnating the core protocol means abandoning that governance mechanism and Ethereum's ability to respond to market structure changes in areas such as L2 and MEV." The authors also proposed several "uncontroversial improvements" that they believe should be deployed quickly rather than postponed to accommodate annual major upgrades. Some of the changes include repricing L1 opcodes to scale Ethereum without modifying the block gas limit, improving the user experience of batch transactions through further development of the account abstraction framework, and further developing rollups to meet growing demand. Paradigm also emphasized its work on Reth, a client that currently accounts for 2% of Ethereum's execution clients. According to Client Diversity data, the Geth client has a 43% market share, while the second place Nethermind holds about 36% market share. The article stated: "We intend to build Reth as an SDK for building 'EVM core' nodes, allowing researchers and engineers to experiment and innovate. We invite the research community to collaborate with us in using Reth to prototype new features for Ethereum's performance, censorship resistance, and future development." (The Block)