Vitalik Buterin, the founder of Ethereum, feels his influence on the ETH has decreased in recent years. Buterin acknowledged in a recent interview that there are many people in the Ethereum community that even he has to “convince to push in a particular direction.”
“I feel like my influence in Ethereum keeps decreasing every six months. I have less now than I did six months ago. Six months ago, I had less than I had a year ago. And a year ago, I had less than I had 18 months ago. These days the number of people that even I have to convince to push in a particular direction is significant. If you watch some of the EIPs that I personally promote, some of them don’t even make it. So for a lot of them you have to try pretty hard to satisfy all people’s concerns.“
“So what’s the biggest thing you’ve pushed that isn’t getting adopted?” the interviewer asked.
“EIP-4488 is one example. If I had more control it would have been in Ethereum already,” Buterin answered.
EIP-4488 was defined as “a fairly technical change” that would result in a short-term decrease in the price of rollups.
Because of the numerous stakeholders that have a role in the decision-making process, Vitalik Buterin said in the interview that implementing major changes to the Ethereum protocol is getting more difficult. Today, protocol choices “tend to be done” through a bi-weekly call known as the “all-core devs call,” in which everyone must agree to move forward with a proposal.
“Even at the beginning, the research team has to agree. And then in the later stages, the core developers, the people actually writing the code, have to agree as well,” Buterin said.
He went on to say that the Ethereum process is “definitely more vetocratic” than it was three years ago, and “definitely much more vetocratic” than it was six years ago, when “we could get a change accepted and it would get included very quickly.”
“Even now, I feel like the window is closing on substantial things. It’s getting harder to do big things even today,” he said.
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 CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Hazel
CoinCu News
vitalik buterin vitalik buterin vitalik buterin
The hype around PropiChain’s token presale is due to its innovative integration of NFTs and…
UK pension fund Cartwright advised the country's first defined benefit pension fund to allocate 3%…
a16z and Coinbase have pledged substantial funds to crypto PAC Fairshake, aiming to support crypto-friendly…
Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the crypto market, but experts warn that…
Discover the future as the Dogecoin price aims for a $0.7 comeback and discover why…
Willemstad, Curaçao, 4th November 2024, Chainwire
This website uses cookies.