Ethereum supporters used CoinDesk’s Consensus conference in Toronto to respond to questions about the network’s leadership and development roadmap. The discussion came as Ether prices had declined and some developers had moved toward competing platforms, adding pressure to the broader debate around Ethereum’s direction.
The report’s headline noted that “V God” quietly liked the development, while Ethereum’s L2 ecosystem had pushed transaction fees below one cent. Supporters cited that fee reduction as a key example of how Ethereum’s scaling strategy is producing concrete results, especially through layer-2 networks designed to lower transaction costs and improve usability.
Josh Stark of the Ethereum Foundation and Paul Brody, EY’s global blockchain leader, presented an optimistic view of Ethereum’s future at the event. They emphasized the network’s innovation and scalability, while acknowledging the challenges around price performance and developer migration. According to the report, they remain confident that the market will eventually recognize Ethereum’s deeper value. The Ethereum Foundation is also undergoing a leadership restructuring aimed at strengthening its strategic focus.