Tuesday, October 19, 2021

Vitalik Buterin: I Was “Dead Wrong” When I Thought Ethereum 2.0 Will Launch Within 1-2 years

Vitalik Buterin, the co-founder of Ethereum (ETH), has recently stated that he never knew he could eventually be wrong when he confidently thought Ethereum 2.0 would launch within 1 to 2 years.

Buterin made this known during an AMA session on Twitter, where he allowed the limited people he’s following on Twitter, including Billionaire Elon Musk, to ask anything crypto or non-crypto related.

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Vitalik Buterin tweeted, “Doing a random twitter experiment just on this day. Only the 268 people I follow can reply to this tweet. Feel free to ask things and I’ll talk about anything crypto or non-crypto related.”

I Was Confident That Ethereum Will Move to Proof of Stake Within 1-2 years

The AMA session attracted tons of questions from influential persons within and without the crypto ecosystem.

Read Also: David Gokhshtein Says Ethereum (ETH) Is Poised To Hit $14,000 and Dogecoin (DOGE) To $1

A notable question regarding something he had a lot of confidence in but later turned out he was wrong came from Taylor Monahan, founder & CEO of MyCrypto.com.

Monahan asked, “What’s something you had an insane amount of confidence in, only to have it turn out you were dead wrong?”

In response, Vitalik Buterin, “Ethereum will move to proof of stake within 1-2 years”

Hardest Lesson Learned Through Ethereum Experience

Emin Gün Sirer, founder and CEO of Ava Labs, also asked of the hardest lesson he learned through the journey of Ethereum development:

“What’s the hardest lesson you learned through the Ethereum experience?”

Read Also: Van de Poppe Analyzes Possible Bullish Future of Bitcoin (BTC), Ethereum (ETH), Cardano (ADA)

In response, Vitalik Buterin wrote, “People are harder to tightly coordinate in small groups than I expected. You can’t just get everyone to sit around in a circle, see each other’s inherent goodness and get along, especially when huge incentive conflicts are at play.”


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Solomon Odunayo
Solomon Odunayo is a cryptocurrency journalist with over 3 years of experience in the crypto industry. He's sternly interested in covering developments of emerging and established blockchain projects.

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