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From what I've seen, this is inaccurate FUD. If I'm wrong, I'd appreciate examples with links. Some specific responses: 1.) All blockchains are having issues
by berberous 9y ago
From what I've seen, this is inaccurate FUD. If I'm wrong, I'd appreciate examples with links.
Some specific responses:
1.) All blockchains are having issues with scaling, including Bitcoin. Vitalik is working hard on scaling (see, e.g., his recent work on sharding and Plasma). I am not saying he will necessarily be successful. It's possible a newer competitor (like EOS, Cardano, Ripple, Stellar Lumens, IOTA, etc.) may have a better approach to scaling, although a lot of those competitors are overhyped, do not have a working mainnet yet, or have used other tradeoffs (e.g, security or centralization) in order to provide scalability. I'm not saying Ethereum is the best project, I'm saying that Vitalik seems like an honest, hardworking, direct, technical guy who avoids hype/FUD more than most in this space.
2.) "They are on the verge of doing another hard-fork to effectively revert some transactions and move some stuck ETH." What is this referencing? The Parity folks proposed something along these lines, but the community was not in favor and I believe it's been dropped. I have not seen Vitalik or the other Eth devs push this.
3.) Vitalik has urged people to be cautious of these overhyped valuations and ICOs. He has advised projects that are technically interesting, without endorsing the ICO raise itself or their valuations. I don't personally see a problem with that, although perhaps people differ.