The Ethereum Foundation launched the Argot Collective — a long-term, non-profit organization for Ethereum software development.

However, the initiative has sparked controversy, especially among proponents of the Vyper programming language.

Curve Finance Founder Michael Egorov Slams Ethereum Foundation

The Argot Collective shared the announcement, revealing a structure to support Ethereum-related projects for up to a decade, with the backing of long-term grants. Based on the blog, Argot’s mission is to foster a non-hierarchical, democratically governed environment that promotes software development for the Ethereum ecosystem free from commercial pressures.

Argot will focus on several projects, including Solidity, Fe, and other Ethereum tools. It will provide ongoing support for these languages to enhance Ethereum’s developer environment. The Argot Collective is designed to “eliminate rent extraction or exploitative profit-seeking.” It will also serve as a counterbalance to finance-driven entities within the Ethereum community.

Read more: A Deeper Look into the Ethereum Network.

Notably, Fe is a safety-focused Ethereum smart contract language that uses Vyper as a foundation. Vyper is also a contract-oriented programming language that targets the Ethereum Virtual Machine (EVM). The absence of funding for Vyper raises red flags for developers who rely on it.

The Foundation’s critics argue that Vyper’s lack of funding could undermine security and usability for projects that depend on it, making it more difficult to maintain and develop. Nevertheless, the Ethereum Foundation seems to overlook this.

“A group which was deciding to fund projects within Ethereum Foundation (now independent). With a focus on languages (c), they did not fund Vyper (used by Curve

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Author: Lockridge Okoth