Charles Hawkinson: too much depends on Vitalik Buterin in the development of Ethereum

20.04.2020 / Payment system news

The development of the Ethereum cryptocurrency platform is heavily dependent on decisions made by one of its creators, Vitalik Buterin, said network developer and Cardano (ADA) head Charles Hoskinson.

Criticism of the development of the project is also based on the fact that the plans often offered by company management to upgrade options are too optimistic and impossible to implement. “It seems to me that Ethereum marketing was not good at managing expectations. The processes that will take 5, 10, 20 years, be it the decentralization of the Internet, the creation of a new symbolic economy, scalability – are very complex, and each of them requires focused scientific and engineering work. And the Ethereum community often has only this crude faith that somehow everyone will get out of the way and everything will be done in a matter of months or years, not decades, ”Charles Hoskinson emphasizes.

According to him, the network is the first such project of Buterin, but despite all the difficulties with introducing some updates, the project is one of the most optimal on the market and is one of the main competitors of Cardano, concluded Charles Hoskinson.