Ethereum rallies 5% as Vitalik Buterin addresses concerns raised by ETH community

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Ethereum (ETH) saw a quick rally on Friday, posting a 5% gain as its co-founder, Vitalik Buterin, responded to recent criticisms from the crypto community.

Ethereum developers have seen harsh criticism from several crypto community members following its slow price growth. Vitalik Buterin has responded to these criticisms, stating how developers have been addressing some of the concerns of community members. Ethereum could see a further rise as it outperforms Bitcoin for the first time in May. Ethereum saw a quick rally on Friday, posting a 5% gain as its co-founder, Vitalik Buterin, responded to recent criticisms from the crypto community.

There is a near-unlimited number of blockchain projects aiming for the niche of ‘we can be super-fast, we'll think about decentralization later.’ I don't think Ethereum should be one of those projects, said Buterin. We should have deep respect for the properties that make Ethereum unique, and continue to work to maintain and improve on those properties as Ethereum scales, he added.

 

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