Post
Topic
Board Altcoin Discussion
Re: Ethereum the future home for cbdc's?
by
vv181
on 29/08/2022, 15:29:40 UTC
As he said: Ethereum is really a betrayal of the whole crypto revolution of the Satoshi revolution the essence of crypto cryptography and cryptocurrency is to verify not to trust but the way Ethereum is regulated is to make sure that you trust people like vitalik and joe Lubin.

IMO, Ethereum doesn't represent cryptocurrency as a whole. Yes, ETH is the one that thrives for a smart contract program, and it does successfully built such kind of platform. Nevertheless, it doesn't have to adhere to the root essence of "don't trust, verify". Regarding centralization, well, ETH already has issues back then when they revert the blockchain, and the main thing is, ETH userbases are mainly ignoring any decentralization, so it is expected to see how ETH will become.