CandleFocus Vitalik Buterin and Ethereum need Satoshi Nakamoto mind on digital finance
2025-02-03
Author: Content Editor
The article discusses the problems faced by Ethereum, once hailed as the world's most innovative blockchain, and its founder Vitalik Buterin. It argues that Ethereum's ambitions and decision-making processes have led to a centralization of power within the Ethereum Foundation. Unlike Bitcoin, which operates under a decentralized model, Ethereum's decisions are largely influenced by Buterin. The article also highlights Ethereum's scalability issues, high gas fees, and lack of adoption compared to Bitcoin. It suggests that without a radical change in governance, Ethereum may not remain relevant in the crypto conversation.
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