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Ethereum [ETH] co-founder’s Consensys seeks massive investment from external sources after significant layoffs

Vitalik Buterin, the Creator of Ethereum, recently spoke about the development surrounding Ethereum 2.0, the final stage of Ethereum, on a Reddit thread dedicated to him.

Yagan, a Redditor, stated that Vitalik Buterin had proved that he was “determined to move forward as a person and as a leader” irrespective of the FUD surrounding Ethereum over the past several months. The Redditor stated,

“Cheers to Vitalik and cheers to his supporters. Cheers to ethereum and cheers to the community that can see the ‘bigger picture’. Congrats on all you have accomplished Vitalik and thank you for being an inspiration to many.”

To this, another Redditor with the username Dont_hate_scienceguy, replied stating that he would sell-out his coins, the day Buterin exits the Ethereum ecosystem. He also added that he has “never had less faith in the [Ethereum] team, than I do after this dothereum nonsense”.

Dothereum is one of the new projects gaining the attention of the Ethereum community. It is a project that is similar to Ethereum, but is built on Polkadot. Some have speculated that Afri Schoedon, a former Ethereum developer, is a part of this project.

This comment caught the attention of Buterin as he replied to the Reddit user by stating that the “the team” in question was “larger and broader” than he or she thought. He further stated that the developers at Prysmatic Labs, Lighthouse, and all the other teams have not delayed the “progress of eth2” even by a single day. He said,

“While I get frustrated with the antics of the “chattering classes” myself, it’s important to keep in mind that Prysmatic, lighthouse, the eth2 research team, etc etc are all continuing work right on schedule, and the recent governance noises, while loud and annoying, did not delay the progress of eth2 by even a single day.”

Buterin further stated that even State Channel, Plasma, ZK roll-up, and 1.x rent proposals were “steadily moving forward”. He added that the current 1.0 clients were also regularly upgraded so that they could “better handle” the load of the current chain. He went on to state,

“[…] a huge victory a few months ago in dropping uncle rates as well as constant improvements in block propagation. When you’re making a bet on the ethereum ecosystem, it’s those silent armies you are betting on.”

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