Ethereum

Ethereum’s Centralization Is Criticized By Vitalik Buterin

Following the implementation of the Ethereum Merge on the network for a few months, the terms “censorship,” “centralization,” and “control” have become popular in the Ethereum community.

Ethereum's Centralization Is Criticized By Vitalik Buterin 3

The direction the network is going in raises suspicions, and people have that feeling when confronting Vitalik Buterin, so those accusations are not without merit.

Who is Vitalik Buterin’s adversary?

Ethereum's Centralization Is Criticized By Vitalik Buterin 4

The Ethereum community was questioned by a user going by the handle mr.y on Twitter about the internal governance structure, decision-making process, and roadmap formation.

The user claimed that it is difficult to describe a network as really decentralized when its faith is decided by just one individual, which is why they started a discussion in which they attempted to learn exactly how the Ethereum roadmap is made.

Some users and programmers believe that Vitalik Buterin collects data from programmers, enthusiasts, and validators before reaching a consensus that serves as the cornerstone of a roadmap in the future.

The user, however, questioned the aforementioned strategy and asked Buterin to elaborate on how precisely the Ethereum founder solicits feedback on the blockchain’s future from groups other than the core team.

Surprising answer – Ethereum

Before Buterin responded to the inquiry, it was supposed that he spoke with users through private messages and conferences as it is a practical approach to gather information and subsequently reach an agreement on the network’s future.

The community’s response to Buterin’s statement that one of his techniques of reaching a consensus on the network is “passively reading Twitter and Reddit like everyone else” was divided because establishing an opinion based on an algorithm-driven suggestion feed could be, to put it mildly, wrong.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

Best Cryptos to Invest in December 2024: Qubetics Surges Past $2.6M as Solana Records Big Whale Pump and Polkadot Aims for $6

Best Cryptos to Invest in December 2024: Qubetics surges past $2.6M, Solana’s whale pump ignites…

39 minutes ago

Bitcoin Trader Turned $100M in His 20s—Now Reveals 5 Altcoins to Build a $50M Portfolio, With Memecoins Leading the Way!

As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…

2 hours ago

Which Crypto Will Explode in the 2024-2025 Bull Run?

With the crypto market reaching new peaks, many are eager to discover digital currencies poised…

2 hours ago

Dogecoin and Shiba Inu Approach $1, but All Eyes Are on XYZVerse’s Push to $10!

XYZVerse, blending sports passion with meme energy, is set to make a significant impact, uniting…

2 hours ago

Will Bitcoin Crash or Soar Past $105K in 2024?

Will Bitcoin Crash?" seems to be one of the most controversial questions, as the price…

4 hours ago

The Best Crypto for Passive Income? 10% Weekly Gains and 20% Final Surge—Qubetics Mirrors Cosmos’ Early Success!

There’s always that one coin people wish they hadn’t overlooked. For many, Cosmos ($ATOM) is…

4 hours ago

This website uses cookies.