According to The Block, the developers behind Akula, an Ethereum client implementation, have decided to scrap the project because they cannot compete with a newly announced rival project called Reth that has similar features and is run by crypto VC firm Paradigm. Akula is a high-performance Ethereum client written in Rust. Ethereum clients are software applications that allow nodes to read blocks on the network and interact with smart contracts. Ethereum core developer Artem Vorotnikov began building the project as an open-source client implementation in 2021 with a small team of developers. 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.