co-founder of Ethereum Vitalic Buterineexpressed his concerns about the future of blockchain in a recent interview. Speaking at the ETHDubai event, Buterin received a mixed response from the community.
Vitalik Buterin talked about his vision for Ethereum and emphasized that the project has a power of change. According to Buteri, Ethereum should exist to eliminate inequalities and facilitate access to finance for people who do not have or are unable to access the traditional financial system.
Ethereum Is Moving Away From Vision According To Vitalik Buterin
Despite all the developments, Vitalik Buterin thinks that the project has recently moved away from his vision. At the center of Buterin’s criticism was the NFT market, which caused high transaction fees on the network. While rival blockchains such as , , , , continue to increase their market share, Ethereum still maintains its dominance in smart contracts platforms.
Vitalik Buterin, EthereumHe wants to find solutions to real world problems. He thinks that this goes through basic topics such as fair voting systems, city planning and universal basic income. Ethereum also stated that it could help big tech companies like Meta and Twitter establish their monopoly on users.
Sergej Kunz, co-founder of 1inch Network, shared his views on the subject. Kunz stated that although there are “scam” projects created to make money from retail investors, there are also projects that need financing.
He is also an Ethereum co-founder. Charles Hoskinsonexpressed his belief in decentralization in a recent speech at Binance Blockchain Week.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.