As Discussions Grow in Ethereum, Comment from Buterin “Bitcoin and Ethereum Sucks”

Ethereum, which fell to the lowest levels after 2017 with the last price decline, continued its losses last week with the claim made by Stellar’s consultant and Bitcoin Core developer Jeremy Rubin.

Rubin is used in the Ethereum network. Claiming that gas is unnecessary, he shared a long article explaining that Ethereum’s four big problems are lack of software power, unnecessary contracts, unpriced tokens and ETH will go to zero if the transition to Proof of Stake is not completed.

Twitter and the crypto world on Reddit discussed the future of Ethereum and Rubin’s claims after this article, while Vitalik Buterin, the founder of Ethereum, responded to Rubin’s statements with an article he shared on Reddit.

Reddit’ Vitalik Buterin, who added a comment under the post in the first post, stated that Rubin skipped critical details and did not use important economic terms properly, but agreed with most of Rubin’s claims, Ethereu He stated that m may not have a long-term life process in its current state. However, Buterin stated that with the changes to be made in the Ethereum protocol, the use of Ethereum (ETH) at all levels will be encouraged, and therefore Rubin’s discourses will be useless.

The consensus in Jeremy Rubin’s Proof of Stake model of Ethereum While criticizing the mechanism and recommending a new system, Vitalik Buterin stated that these criticisms are meaningless and that the mechanism that Rubin stated is disconnected from the realities of the Ethereum network.