Vitalik Buterin does not move away from Ethereum


An article title in Review of MIT technology announces Vitalik Buterin saying that Ethereum can not succeed unless it takes a step back. Tone Vays almost wet his pants with joy for the imminent departure of Vitalik, before being put directly by the man himself.

Out of tune

Vays jumped on the title to complain about the bitcoin not competing with the meaningless platforms and suggested that Buterin would "pull a Dan Larimer". (He previously criticized Larimer, the Founder and CTO, on the EOS platform).

Buterin was quick to point out that he is not leaving the platform, and that critics criticize, whatever he does. He suggested that the title was misleading, and that the subtitle gave the most correct emphasis: that Ethereum must stop depending on him if he wants to be truly decentralized.

Spontaneously combative

Buterin spoke of detaching himself from the first Ethereum project. Recently, last month, he suggested it was "Already in progress."

Although the language is a little ambiguous, it makes clear that its intention is that Ethereum survives if it fights spontaneously. (Because he can not imagine such a macabre disappearance).

Vitalik is still actively involved in the development of Ethereum, although he is deliberately trying to reduce its importance. Of course, it is not healthy for the fate of a whole platform to rest in the hands of one man.

Ethereum 2.0

Buterin was talking Review of MIT technology at the Devcon in Prague, the annual meeting organized by the Ethereum Foundation. The main topic of the discussion was Ethereum 2.0, a future update that deals with problems of downsizing, among other things.

A key part of this is the transition from a "proof of work" protocol to a more energy-efficient "proof-of-stake" algorithm. Other improvements include methods known as sharding and plasma to improve current transaction limits. By allowing users to perform certain transactions without writing them all down to the blockchain, the network will be able to handle multiple volumes.

It is not surprising that Buterin was instrumental in designing and implementing these changes. Although it may be aimed at detaching itself from the project, it is very far from being detached.

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[Disclaimer: Any opinions expressed in this article are purely those of the author and do not necessarily reflect those of Bitcoinist.]

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