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Author Topic: vitalik's contribution is also great  (Read 319 times)
Gases (OP)
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September 16, 2021, 09:19:03 AM
 #1

I feel that vitalik created blockchain 2.0, which should be regarded as a milestone in the currency circle. In the world of blockchain, his contribution is second  after Satoshi Nakamoto.
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September 16, 2021, 09:47:06 AM
 #2

I'm not sure whether Vitalik Buterin comes second after Satoshi Nakamoto. Bitcoin is the first cryptocurrency and it is adopted much more than the rest of the coins in the market. On the other hand, Ethereum is actually at a better level in terms of development I think. Ethereum is still being improved a lot and Ethereum 2.0 will bring great things to the investors and users I believe.

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September 16, 2021, 10:22:27 AM
 #3

I'm not sure whether Vitalik Buterin comes second after Satoshi Nakamoto. Bitcoin is the first cryptocurrency and it is adopted much more than the rest of the coins in the market. On the other hand, Ethereum is actually at a better level in terms of development I think. Ethereum is still being improved a lot and Ethereum 2.0 will bring great things to the investors and users I believe.
Bitcoint is not really the first cryptocurrency but the first one that many people are now using. You can do some research that I am right and even some higher ranks in this forum are also discussing this one before. Vitalik created eth where many people did used it since it is faster to confirmed than bitcoin.

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September 16, 2021, 12:27:17 PM
 #4

He is an amazing person who give big contribution for cryptocurrency world. I also tend to believe anything he says regarding cryptocurrency, it's help me a lot for taking decision for trading. There are so many people who trying to create the same company like him and some of them are already success, I think it proof that his ideas are very good. Now I holding ETH and other similar cryptocurrencies such as TRX and etc. I think the bullish market don't really starting yet but I can get 200% profit if I sell some of my cryptocurrency that I bought few weeks ago. I like how ETH company work so I also invest in similar companies too.

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September 16, 2021, 01:39:05 PM
 #5

He's the total opposite of Satoshi as his identity is very known amongst the community not to mention that he created the 2nd largest crypto in the cryptospace which is Ethereum. But we need not glorify this people too much, it's not like they don't deserve it but it's not really good that we worship people because when they do something that we don't like or is against our morals, we will only get our image of them destroyed.
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September 16, 2021, 03:19:05 PM
 #6

He did well. Only wish he didn't allow Ethereum to be centered around him or anyone else that it becomes difficult for him to realize that certain proposals and decisions they've taken could centralized Ethereum and make it difficult for anyone interested in it to easily run  and fully participate in the Network.
 I think he should also consider building Ethereum horizontally rather than vertically to avoid building Tower of Babel which would only work if it's centered around a king

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September 16, 2021, 03:29:38 PM
 #7


His contribution isn't discredited at all. Eth had made cryptocurrency speed up its development that new investors in crypto knew more of Eth than Bitcoin.Some of them even prefer Ether alone as their investment.

Many comes after him like Dan Larimer or Sasha Ivanov or even Justin Sun they all contributed in the crypto industry.

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September 16, 2021, 04:07:06 PM
 #8

You mean the Ethereum Blockchain 2.0, in fact vitalik did not make it, but vitalik is forced to these updates due to the many problems that the Ethereum network suffers from, the problem of congestion and high fees became unbearably annoying, yesterday I sent about 0.00118ETH and surprisingly the fees were 0.0012 ETH!! !! Can you believe this nonsense??!! The fees are more expensive than the transaction itself!!! This is like if you want to buy a pizza for  10$, for example, and then they tell you that the price for home delivery is  20$!! This is complete nonsense.
Therefore, I say updating to Ethereum 2.0 is not an option, but rather it has become a necessity to get rid of these problems.


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September 16, 2021, 04:37:00 PM
 #9


His contribution isn't discredited at all. Eth had made cryptocurrency speed up its development that new investors in crypto knew more of Eth than Bitcoin.Some of them even prefer Ether alone as their investment.


I think he is a crypto legend that has shown his face and commitment to further improve on the blockchain. He has made etheruem very popular and that is an achievement to write his name in the anals of crypto history. It has given challenge to bitcoin and really preferred because of confirmation speed.
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September 16, 2021, 06:12:32 PM
 #10

Ethereum 2.0 will bring great things to the investors and users I believe.
You probably don't know that ETH 2.0 is live and all the expected great things are there. But the problem of high fee is still there though ETH 2.0 wasn’t supposed to be fixing the issue. I was trying to send a token other day and I was surprised to see the fee is above $20 for a faster confirmation. This problem still exists and no good solution is proposed either; not at least to my known. Do you think people will adopt this with such ridiculous fees? I doubt.

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September 16, 2021, 06:34:21 PM
 #11

I feel that vitalik created blockchain 2.0, which should be regarded as a milestone in the currency circle. In the world of blockchain, his contribution is second  after Satoshi Nakamoto.
Vitalik no doubt has contributed a lot to the crypto-verse and that also very early when no one was really into cryptocurrencies, but he definitely can't be said second to Satoshi, number 1 is number 1 because of the all-new technology that Satoshi brought in which was really impossible for anyone to think, others are just adding on their inputs on a technology that know is common, If we see that way even Ethereum has so many problems and coins like SOLANA are trying to solve that issue thus making a better blockchain so ideally, they should be on number 2, also other people who might not be active in blockchain development but have ensured the existence of this community can be said to be number 2 also.
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September 16, 2021, 07:15:01 PM
 #12

No one is discounting or downplaying what Vitalik has created for the cryptospace. A lot of other fresh and cool ideas sprung from ETH's compatibility with a lot of things. Then again, most of the major decisions related to ETH have been influenced mostly by his views, and that, to me, feels like centralization is slowly creeping up on the said cryptocurrency. Also, the fees are still insanely high on some small transactions that it's becoming a nuisance when you need to use their blockchain in order to move funds around. ETH is a great creation but definitely still far from perfect IMO.

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September 16, 2021, 09:07:34 PM
 #13

No one is discounting or downplaying what Vitalik has created for the cryptospace. A lot of other fresh and cool ideas sprung from ETH's compatibility with a lot of things. Then again, most of the major decisions related to ETH have been influenced mostly by his views, and that, to me, feels like centralization is slowly creeping up on the said cryptocurrency. Also, the fees are still insanely high on some small transactions that it's becoming a nuisance when you need to use their blockchain in order to move funds around. ETH is a great creation but definitely still far from perfect IMO.

Definitely, there will always be flaws in the system and people will always have a say to every platform we encounter. But yes, ETH has contributed in revolutionizing the blockchain technology, where a lot of its competitors nowadays are basing from their technology. And up until now, ETH dev team are still innovating how to cater the community in a better way. Right now, the gas fees may still be unacceptable to many but I believe, sooner or later, they will address this issue as other networks are now competing with them, and the selling point is cheaper fees compared to eth network.
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September 16, 2021, 09:44:45 PM
 #14

~snipe~
And you wonder why is this? Why does the congestion and high fees happen?
I admire the work Butterin Vitalik has been doing and continues to do but every now and then, following the liquidity on a product, there is bound to be problems, updates and more ideas about it. When I came into crypto, most projects where been hosted on ETH blockchain because, it was having less fee and everything seemed to be executed just right.  It was a shift and with increased validity and increased fee, the shift has turned towards Binance SmartChain and it would continue. So, I think the subject title is still in line.

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September 17, 2021, 07:34:07 AM
 #15

Vitalik Buterin is Ethereum's inventor and his contribution to it is of course really big. Thanks to him, Ethereum has been developed to this level so far and it is still being improved more. We expected Ethereum 2.0 to bring good things to people. But we still witness high fees and slow transfers. In this case, Ethereum 2.0 doesn't mean too much thing to me as an investor. They should be able to solve these problems in the near future.

R


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September 17, 2021, 07:53:20 AM
 #16

Vitalik Buterin is Ethereum's inventor and his contribution to it is of course really big. Thanks to him, Ethereum has been developed to this level so far and it is still being improved more. We expected Ethereum 2.0 to bring good things to people. But we still witness high fees and slow transfers. In this case, Ethereum 2.0 doesn't mean too much thing to me as an investor. They should be able to solve these problems in the near future.
Having ethereum's issues about high gas fees and slow transactions are still the concerns of the users and yet, still unsolved up to the present. But  don't we think having ethereum alone and its smart contract that most of the projects have been using is already a great contribution of Vitalik? There are a lot of projects have been out in the market today and some have really potentials but i don't think they can be totally compared with ethereum's achievements. So i do agree on OP that Vitalik has made a great contribution and is now even more developing to its more advantage so that it will be more useful to its users. Understand that it has really its own back logs but i know it will be resolve in the near future.

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September 17, 2021, 08:44:09 AM
 #17

I agree that he did important stuff, and placing him second after Bitcoin dev team (not Satoshi alone, but also people who worked on the network from the early days) is fair. Ethereum is not just a #2 cryptocurrency. It introduced smart contracts and the concept of a cryptocurrency that is also a platform for many other projects. Tons of ICOs were created based on Ethereum, and at least most NFTs are Ethereum-based. We can have different opinions on whether ICOs and NFTs were good or bad, but they were definitely a huge deal for the crypto industry during their hype times, and the market would not have been the same without Ethereum.

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September 17, 2021, 11:08:07 AM
 #18

I feel that vitalik created blockchain 2.0, which should be regarded as a milestone in the currency circle. In the world of blockchain, his contribution is second  after Satoshi Nakamoto.
I don’t think anyone is discrediting Vitalik’s achievement in the crypto and blockchain industry. He has done a lot and we should applaud him for that. Before, we had Ethereum, there has been so many other cryptocurrencies that came before it, such as Litecoin, dogecoin, and the rest of them. But ethereum is the first smart contract we had in the crypto currency and blockchain industry.

Until now, it has remained as one of the top alternative coins in the market, and has steady maintained its number one position in altcoins market, and the 2nd biggest cryptocurrency in general. So, Vitalik did very well and no one is doubting that.

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September 17, 2021, 02:21:07 PM
 #19

I feel that vitalik created blockchain 2.0, which should be regarded as a milestone in the currency circle. In the world of blockchain, his contribution is second  after Satoshi Nakamoto.
I don’t think anyone is discrediting Vitalik’s achievement in the crypto and blockchain industry. He has done a lot and we should applaud him for that. Before, we had Ethereum, there has been so many other cryptocurrencies that came before it, such as Litecoin, dogecoin, and the rest of them. But ethereum is the first smart contract we had in the crypto currency and blockchain industry.

Until now, it has remained as one of the top alternative coins in the market, and has steady maintained its number one position in altcoins market, and the 2nd biggest cryptocurrency in general. So, Vitalik did very well and no one is doubting that.
Vitalik has definitely contributed much in crypto because ethereum's smart network has been very useful and reliable to the different projects that have been rampant in the market. And yes, no one is doubting that. And because of the potentials of ethereum, aside from being a smart network, its also being used nowadays as a currency to those who accept ethereum payments.

Not just Satoshi Nakamoto but also Vitalik Buterin should be applauded because of their great contributions in crypto. Without bitcoin and ethereum, crypto space may not still be acknowledge this time.

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September 17, 2021, 07:14:22 PM
 #20

I feel that vitalik created blockchain 2.0, which should be regarded as a milestone in the currency circle. In the world of blockchain, his contribution is second  after Satoshi Nakamoto.
As long it would really be beneficial and that really revolutionary then it would really be significant but still nothing can beat out on what that the first do able to achieve.
Yes, he could make that contribution but i dont think that it would really be having the same impression on what Satoshi had done because nothing can beat out the first
even though in terms of technical aspect then it might be something that ahead but support or the community will always look on whose first.

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