Vitalik Buterin created a 'fellowship of the ring' to build ethereum. But its founders are now competing for crypto dominance. | Crypto Craft

  • Vitalik Buterin created a 'fellowship of the ring' to build ethereum. But its founders are now competing for crypto dominance.

    From markets.businessinsider.com

    Vitalik Buterin has compared the eight founders of the ethereum blockchain to JRR Tolkien's close-knit "fellowship of the ring", according to the Financial Times. Yet, the story of the group is one marked by feuds and competition, with two members splintering off to create ethereum rivals cardano and polkadot. Buterin recently said choosing seven other founders "nondiscriminately" to build the network was his biggest regret. The 27-year-old is one of the most famous figures in crypto, having come up with the idea for ethereum - a cryptocurrency network on which decentralized applications can be built - in 2013. He ... (full story)

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Not-KPMG
Sep 20, 2021 1:06pm
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Quoting Yossuan
Bitcoin still on PoW and its limited like gold, so cant replace the money, divisibility cant help as u can see from the past (gold standard), so Bitcoin currently only eating the planet.. ....

Hi dumpferster

I asked smart people to comment, not you

Explain how bitcoin is eating the planet mumumbo??

You spell like a 2 year old . ... But try


About divisibility. Who gave you this word???

But let's see....
21000000 bitcoin.

100 000 000 fractions due to decimal place. Satoshi you know??

2 100 000 000 000 000 total divisibility down to a Satoshi.



Hmmm



Looks very divisible
Reply
Not-KPMG
Sep 19, 2021 2:20pm
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Ethereum is PoS so it's bad now.

Inflation too high.


Bitcoin does same work but better...
Reply
Not-KPMG
Sep 19, 2021 2:21pm
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Let's see how many dumbos read but don't comment - not enough braincells


?


5 now
Reply
Yossuan
Sep 19, 2021 3:31pm
Permalink
Bitcoin still on PoW and its limited like gold, so cant replace the money, divisibility cant help as u can see from the past (gold standard), so Bitcoin currently only eating the planet and its not good for anything right now, but it can change over time, maybe could become the new gold. But for this, the Ethereum network must perform well, as the possibilities in blockchain are mined by Ethereum and similar cryptos. So when you talk against Ethereum, you also talk a bit against Bitcoin, be mind.
And anyway, you play your mind here like in preschool. Comment something intelligent if you want to get reactions.
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