Alliance core builders: Ethereum should reduce hackathon investments and shift towards supporting application and infrastructure development.

Wu stated that Jacob Franek, a core builder of Alliance, tweeted that if the Ethereum community wants to reverse the current trend, it must support developers who are building excellent applications. 1. Hackathons are usually not designed for serious product developers; they rarely produce high-quality products. The Ethereum community has invested too much in hackathons. 2. More funding should be directed to accelerators, incubators, ecosystem venture capital funds, and growth funds, rather than primarily investing in fundamental research. 3. Expand the Ethereum Mainnet (L1) and fix the composability of layer two networks (L2).