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Billionaire Avalanche backer Su Zhu stirs up controversy after Ethereum criticism Billionaire Avalanche backer Su Zhu stirs up controversy after Ethereum criticism

Billionaire Avalanche backer Su Zhu stirs up controversy after Ethereum criticism

The CEO of Singapore-based Three Arrows Capital Limited said he "abandoned" Ethereum citing issues related to the network's expensive transaction fees.

Billionaire Avalanche backer Su Zhu stirs up controversy after Ethereum criticism

Cover art/illustration via CryptoSlate

Crypto billionaire Su Zhu took to Twitter yesterday to criticize Ethereum, the worldโ€™s second-largest blockchain by market cap, setting off controversy in crypto circles and its appeal for investors and developers alike.ย  Yes I have abandoned Ethereum despite supporting it in the past.

Yes Ethereum has abandoned its users despite supporting them in the past.

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