Connect with us


Ethereum [ETH]’s Vitalik Buterin is NOT QUITTING Ethereum Foundation anytime soon

Anvita M V



Ethereum [ETH]'s Vitalik Buterin is NOT QUITTING Ethereum Foundation anytime soon
Source: Unsplash

There has been a lot of confusion looming around in the Ethereum community. This was in the wake of speculative news revolving around the Co-Founder of Ethereum, Vitalik Buterin deciding to leave the Ethereum community.

The news first surfaced way back in May 2018, when Buterin posted a screenshot on Twitter of a recruiter from Google asking him if working in their company made sense to him now or in the future. The Co-Founder also conducted a poll asking his followers – “Should I drop Ethereum and work for Google.” A majority of the Twitterati voted a ‘No’ in response. The tweet originally posted on 20th May 2018, now stands deleted.

In the past few days, the news of Buterin exiting Ethereum has cropped up from the surface again. In a discussion thread on Twitter, a cryptocurrency enthusiast by Twitter handle, Raz shot a question at Vitalik Buterin. He said:

“@VitalklButerin any thoughts on how you will eventually detach yourself from the project?”

Minutes later, Buterin responded to Raz where he stated that the move was already in progress. The tweet read:

“Already in progress; watch the repos, even much of the research is being done by @dannyryan, @drakefjustin, @icebearhww and others.”

In a follow-up tweet, Buterin also stated that Ethereum can continue to survive in his absence. He said:

“I think ethereum can absolutely survive me spontaneously combusting tomorrow at this point.”

Vitalik’s comments reeled the whole Ethereum community. The community misunderstood Buterin’s tweet with them asuming that the co-founder was exiting the Ethereum Foundation. Many also discussed the possibility of the Foundation surviving in his absence.

Serpent, a Twitterati commented:

“I’m sorry to see Vitalik leave Ethereum. I’ll be watching for his next creation which will probably be a decentralized system that will repel Wall St. Enjoy your personal time Vitalik and thank you.”

A day later Buterin took to Twitter to respond to the community and clear the air around the matter. He clarified in his tweet that he had no intentions of leaving the Ethereum foundation anytime soon.

His tweet read:

“To be clear, “detaching” meant detaching from *needing* to participate. No actual plans to disappear any time soon.”

Subscribe to AMBCrypto’s Newsletter

Follow us on Telegram | Twitter | Facebook

Anvita Mysore Vadiraj is a full-time content writer at AMBCrypto. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies.


Ethereum [ETH]: ProgPow audit may not be completed before Istanbul





Ethereum [ETH]: ProgPow audit may not be completed before Istanbul
Source: Unsplash

Programmatic Proof-of-Work [ProgPow] has undoubtedly been one of the most controversial upgrades of Ethereum. The algorithm that promises to ward off ASIC mining would probably not make it till after the Istanbul hardfork. A blog post titled ‘ProgPow Audit Delay Issue’ published by Hudson Jameson, a member of EF, stated that they encountered problems with ProgPow audit.

Hudson Jameson explained the situation,

“We had a hardware partner who specialized in ASICs who was going to work with Least Authority to perform the hardware parts of the audit. They are no longer participating in the audit so we are looking for other auditors for the hardware portion.”

Further, Jameson stated that there were “some good candidates” to fill in the position, however, it would “effectively delay” the start of the audit even further than what they had anticipated. This was the sole reason the team was uncertain whether the audit would be ready before the Istanbul hardfork.

Along with this, the member also spoke about the funding pertaining to ProgPow miner, where he remarked,

“On top of that I am not sure if anyone has sorted the funding situation in order to build an open source ProgPoW miner.”

Due to these problems, Hudson presented two options, first, delay “ProgPoW until the hardfork after Istanbul”, and second, let ProgPow have its own hardfork once the audit was completed. Hudson further stated that “this was not an ideal situation at all, but despite our best efforts, it is what we have before us”.

McDogger, a Redditor said,

“I personally would prefer a third option (stop with the audits, drop progpow and spend time/ money on Eth 1.x finality) but if I had to chose than it’s certainly option 1. Progpow […] doesn’t deserve it’s own – contentious, because it’s just one change and not many other improvements – hardfork.”

The initial announcement was made on Ethereum Cat Herders Update #9, where Pooja Ranjan, a EF member, stated that “logistical issues” were the reason for the delay of ProgPow audit, adding that the timeline for the start and end of the audit were not even decided yet.

Subscribe to AMBCrypto’s Newsletter

Continue Reading