Ethereum Node Project Due To Competition From Paradigm, Akula Has Closed

Akula, an Ethereum client implementation, has been abandoned by its creators because they are unable to compete with Reth, a recently unveiled competing project with identical functionality that is managed by the crypto VC firm Paradigm.

Rust-based Akula is a high-performance Ethereum client. Ethereum clients are computer programs that give nodes access to the network’s blocks and let them communicate with smart contracts. With a small group of developers, Ethereum core developer Artem Vorotnikov started constructing the project as an open-source client implementation in 2021.

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

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

The creators of Akula learned that Paradigm was definitely working on its own project after that conversation. They thought the opponent would swiftly match and surpass it, so they decided to stop working on Akula.

“We do not see how Akula will be able to attract future funding from grants (and this is how it is funded now), and consequently, it does not make sense to spend our scarce resources on it” the announcement stated.

In the near future, Vorotnikov said he will take a break from working on Ethereum. Additionally, he had been making contributions to Erigon, a Go-based Ethereum client.

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