Ethereum Founder Vitalik Buterin Says His Creation Can't Succeed Unless He Takes a Step Back

An anonymous reader shares a report: When you ask him about the challenges facing the blockchain system he founded five years ago, Vitalik Buterin often launches into a rapid-fire lecture full of Ethereum-specific jargon. But ask him about his own role in the technology's future, and he quickly becomes more circumspect. There's no doubt that Buterin, 24, is still the guiding light for the idealistic community that has sprung up around his creation. That's been front and center this week in Prague, where thousands of developers, investors, and entrepreneurs have gathered for Devcon, the annual "family reunion" organized by the nonprofit Ethereum Foundation. The most popular discussion topic is Buterin's vision for "Ethereum 2.0," a future iteration meant to be capable of operating efficiently at a much larger scale -- and appeal to a much broader user base -- than it can today. But in a conversation with MIT Technology Review on the sidelines of Devcon, Buterin said it's time for him to start fading into the background as "a necessary part of the growth of the community."

Re:

[zidium]

You posted on the wrong thread, buddy...

https://news.slashdot.org/stor... [slashdot.org]

I agree

[110010001000]

The only thing keeping me from putting all my money into Ethereum is Vitalik Buterin. He needs to chill out.

Re:

[Pinky's Brain]

At least he treats it as a tool to accomplish a goal other than keeping an investment scam going as long as possible. That earns him some respect.

Not that I think the goal is worth going after, I think that governments will at some point will stamp out unregulated currency transfers ... so what's the point of making a system to do so in the most complex way possible? Cryptocurrency will be e-gold v2.0, regardless of whether it's an unscaleable power hungry POS.

Re:

[Pinky's Brain]

All the developers who got in early on Bitcoin/Ethereum/etc will have diversified their assets by now, that doesn't necessarily stop them from coding or being part of the project. It was their hobby to start with and billionaires still have hobbies.

No

[nwaack]

Your creation can't succeed because it's a pile of fake, useless crap.

Re:

[sjwest]

I have no idea how you 'make' Ethereum since most of web pages i once quickly looked at (dns has something to do with it) where written in Cyrillic and used shady software . Still have no idea.

translation

[iggymanz]

Etherium is going to crash, don't be a bag holder, get out!

When even the founder is jumping ship

[melted]

When even the founder is jumping ship you know it's going down. Cryptocurrencies have been around for 10 years and they have a big fat zero to show for it and aren't used for anything other than buying drugs on darknet. Epic fail.

Good

[inking]

Now that Vitalik has made a ton of real money from his very successful brand of make believe money, I absolutely support his idea of going out there and building something that will actually contribute to the gross domestic product. Maybe he could start a hat-making company or something.