Categories: Ethereum

Vitalik Buterin absent from Ethereum’s next upgrade

Click here to view original web page at finance.yahoo.com

The first part of Ethereum’s next update, codenamed Istanbul, is getting ready to launch on October 16. Ethereum developers finalized the approved updates on Github two days ago, greenlighting six changes to its code. The mainnet upgrade promises to make the network more efficient, among other things.

But this time, one thing was missing. The co-founder of Ethereum, Vitalik Buterin, was notably absent from its development.

“This happened with zero involvement from The Great Dictator,” Buterin tweeted today, sardonically acknowledging the criticism he has received over his previous levels of involvement in Ethereum’s development. The comment also nods to complaints that his involvement makes Ethereum centralized—as he tweeted back in November 2018.

Since then, he has distanced himself from the project as it gears up towards Ethereum 2.0. Buterin has pointed out that much of the research for Ethereum is being done by others, including Danny Ryan, Justin Drake, and Hsiao-Wei Wang. Istanbul’s development was lead by Péter Szilágyi and his team.

But some in the Ethereum community felt Buterin’s absence was a drawback. Szilágyi said that his absence is not a feature. “[Buterin] has a brilliant mind and I'd much rather have him pinch [sic] in on ideas than keep him away due to politics,” he tweeted.

But Buterin isn’t going anywhere. As he clarified last October, “‘detaching’ meant detaching from needing to participate,” not withdrawing completely. He later said he had no plans to stop posting blog posts or proposing code changes to the Ethereum blockchain in Github, where the open-source code is stored.

Istanbul’s second update, to be released sometime early next year, will contain another bout of changes. The proposed updates include the divisive ProgPoW, also known as Programmatic Proof-of-Work, an algorithm designed to reduce the advantages specialized mining software has over regular hardware in order make mining more accessible.

But the proposal is still being debated, showing the hallmarks of a system where nobody is truly in charge. Ethereum might not be perfectly decentralized but it’s on the right track.

Update [August 21, 16:12 UTC] This article was amended to correct ProgPoW from Progressive to Programmatic Proof-of-Work.

cinerama

Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Share
Published by
cinerama

Recent Posts

Bitcoin Is the Fraud? JPMorgan Metals Desk Fixed Gold Prices for Years

Risk Disclaimer - By using this web site you agree to its terms and conditions. All materials, including but not… Read More

1 hour ago

Thai Crypto Scene Still Reeling From Top Exchange Bailout

Thailand’s vibrant digital asset scene was shaken earlier this month when its most popular exchange unexpectedly announced an imminent closure.… Read More

1 hour ago

A Blockchain-Enabled SIM Card? How This Could Change Our Mobile Experience As We Know It

Distributed, Decentralized, Disintermediating While still in its infancy with regards to proven capabilities and real-life adoption, blockchain technology remains one… Read More

1 hour ago

Blockchain privacy explained

Blockchain does not require user identification in the same way as other technologies. Unlike the Internet, where users are tracked… Read More

1 hour ago

Bitcoin mining hurts our climate

Transcript You can enable subtitles (captions) in the video playerBitcoins hold the potential to revolutionise our economy in so many… Read More

1 hour ago

Chocolate Not Drugs the Future of Bitcoin Commerce

- Tim Tams sold for BTC on Online Blockchain's new crypto marketplace site - LONDON, Sept. 17, 2019 /PRNewswire/ --… Read More

1 hour ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More