How Vitalik Buterin is killing Ethereum

[tsaroz]

Super interesting article from someone accusing Vitalik Buterin of being both father and murderer of Ethereum: https://cryptotradernews.com/insights/how-vitalik-buterin-is-killing-crypto/


I mean, if you think about it, ETH has been on a very UNUSUAL and SLOW pace compared to its competitors... Something is for sure happening.

Thoughts?

Not at all. Though Vitalik is the founder and guardian of Ethereum, his role for the development of the crypto is not a huge one.
There are many developers and miners working for the so called transition to POS and Vitalik alone doesn't have any power to drive the path of Ethereum.
So, he just not talks about ethereum but thinks for every cryptos.

[HanaTenun]

Not at all. Though Vitalik is the founder and guardian of Ethereum, his role for the development of the crypto is not a huge one.
There are many developers and miners working for the so called transition to POS and Vitalik alone doesn't have any power to drive the path of Ethereum.
So, he just not talks about ethereum but thinks for every cryptos.

you are right, the development that is done I think must be done. there is only vitality there but there are many people who participate in the process of the construction carried out. we'll see how the market will progress and respond.

[Metall303]

I think that Vitalik Buterin has a very wight vision and his views on the development of ETH go very far 5-10 years ahead. that is why he does not think about the price of this coin and does not think about what people will say about him. he just doing his job and he is no hurry

[wenwen]

I think that Vitalik Buterin had a crisis. No one could offer a good idea for the development of the project. He knew that the market falls and gradually began to move away from their offspring. Now a huge number of projects are leaving the ETH platform. I think that soon Buterin, too, leave team Ethereum so as he lost grip of leader.

[Olatunjex]

I found it strange and unbelievable that vitalik would want to kill what he has be building for almost four years, ethereum is one of the most popular blockchain project out there and the devs aren't relying yet.

[JustAnotherSandman]

Proof-of-stake is going to take out the "small" miners and put it ALL in the hands of those conglomerates that have already hurt so many altcoins. 32 ETH stake? C'mon! Fluctuating return? Laughable!

[OptimusPrime_3]

Sorry to say but your finding is very irrelevant to be sincere. Ethereum has been slow in growth right from time so your post is baseless and you can't compare ethereum which has maintained its 2nd position in the market with its competitors

[dimonarka]

It is impossible to compare ETH with other large tokens, since a number of projects are being launched on the basis of this token, and about the accusations towards Vitaly Buterin, I think that they are not appropriate because this person did too much to develop this project and raised it to the top cryptocurrency very few in the market. And I think that soon we will see the growth of this token.

[styca]

Super interesting article from someone accusing Vitalik Buterin of being both father and murderer of Ethereum: https://cryptotradernews.com/insights/how-vitalik-buterin-is-killing-crypto/


I mean, if you think about it, ETH has been on a very UNUSUAL and SLOW pace compared to its competitors... Something is for sure happening.

Thoughts?

I think the article is stupid. He's saying that moving from PoW to PoS is the same as "killing crypto". It's nonsense. PoW isn't sustainable in the long-term, of course it isn't. And it's not like everyone has been thinking that ETH will remain PoW forever - we've all known for years that it would move to PoS. Apart from the author of the article apparently, to whom it has come as a huge and shocking surprise. It's absurd. The article is just ridiculous click-bait.

[Script3d]

ethereum died the day they centralized it with their 70 million premine and they put the last nail in its coffin when they killed their blockchain's immutability by rolling back a huge number of transactions. the fact that its price got pumped after all this only proved that dead coins can also be pumped and dumped.

It's interesting to know the dark side past of ethereum, i didn't even know ethereum is premined until i read your post, but regardless of what happen people still support ethereum and will probably continue to support.

[pundit]

I do not think ETH is losing its ground, ETH still trading at good price around 3X of its lowest value in this market crash, BTC growth is almost same rather its low than ETH.I do not know what made auther to publish this article about Vitalik, he may have other plans in his mind. I have seen ETH growing from few dollars to $1400 in a short span of time. Ethereum network is still faster then other networks and still most of the new projects are being launched on ETH blockchain. I think ETH will be back to its highest value and will grow much faster.

[beeelzebub]

i think the first suspicions about the ethereum network started when the cryptokittens or some other shit game became famous, somewhere around december 2017 as far as i can remember.. but eth is still in the second biggest place in marketcap and imo will be the second place for a long time.

[premiumproductss]

I am not comfortable with a minimum staking requirement, that is 32 ETHs.
How many of us could utilize it?

[redsun114]

Super interesting article from someone accusing Vitalik Buterin of being both father and murderer of Ethereum: https://cryptotradernews.com/insights/how-vitalik-buterin-is-killing-crypto/


I mean, if you think about it, ETH has been on a very UNUSUAL and SLOW pace compared to its competitors... Something is for sure happening.

Thoughts?

Well I won't blame it on him totally, it is very possible for one to know how to create something but don't know how to manage it which might be the case here, he is a great developer and we all know that, but I don't think he is so good when it comes to making people and projects, so it is telling on everyone who is a fan of ethereum, though if he can just try to speed up things a little bit and then create an hype for the coin once more, I believe people will run back to ethereum blockchain, because a lot of persons have left already.

[Ucy]

https://cryptotradernews.com/insights/how-vitalik-buterin-is-killing-crypto/
I wonder where the Ethereum team expects about $10,000 of staking funds to come from. .. from clean energy or otherwise? Money does not appear from nowhere. It takes alot of clean/dirty energy to produce $10,000 in real world. This contradicts the lean energy thing  they seek to achieve with PoS.

So with PoS, it is going to cost little energy to generate value or to mine huge amounts of Ethereum in a short time. Doesn't this violate natures law?                  Would they still require miners to lock up their funds. Wouldn't this lead to Ethereum being unprofitable and risky to mine in the long run?

[kenelmark]

In my opinion, cryptokittens showed that Ethereum as a network is no good. The load simply does not pull out.

Can you explain more fully why the cryptokittens says that Ethereum is a bad network? because I see generally in crypto the use of the Ethereum platform is very much, so the highest volume in the marketcap is held by Ethereum.

[profitgenerator212]

If Ethereum is dying out of the Vitalik wrongs choices why is it not reflecting on the price because it is still the leader of the altcoin markets. Sometimes, all these publications should be taken with a, pinch of salt. It might just be a FUD

[jackflag]

so that they don’t say there, I still believe that ethereum is the best coin among altcoin and I will continue to invest in it.

[jvdp]

Number of usages on smart contract developers is highly taking charge on ERC20 platform only.

Other competitors are does not marking like ethereum made in this marketplace. I am not sure why this kind blame is putting over the head of Vitalik and saying he killing the own idea and all worst idea.
He started just as article writer and made the trademarket level crypto industry, follow his foot prints to grow yourself.

[Toraynt]

Vitalik Buterin can't kill the ether because he's the creator of this whole project and he's the one who brought the ether to such heights, so it's silly to say that Buterin kills the ether