Ethereum is reportedly grappling with internal conflicts and centralization issues, according to insights from Péter. The Ethereum Foundation's compensation policies have led to dissatisfaction among employees, resulting in departures and potential protocol manipulation. Additionally, concerns have been raised about the concentration of power within Ethereum, with Vitalik Buterin's influence deemed excessive. Successful projects are often backed by a small group of 5-10 individuals and 1-3 venture capital firms, creating a power circle centered around Buterin. Péter expressed difficulty in navigating the current Ethereum landscape, citing an uncertain future.