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Vitalik Buterin Says People Difficulties Not Technical Difficulties Slowed the Ethereum 2.0 Rollout

The cofounder of Ethereum, Vitalik Buterin, recently discussed the highly anticipated full transition from a proof-of-work (PoW) consensus model to proof-of-stake (PoS) as its replacement. Buterin admitted at Hong Kong’s Startmeup HK 2021 Festival that the transition was taking too long and highlighted that it wasn’t technical problems but “related to people.”

Buterin: If You Build a Team, It Is Important to Know Who You Are Working With.

Vitalik Buterin has discussed the anticipated Ethereum 2.0 transition during the Startmeup HK 2021 Festival in Hong Kong this past week. The Ethereum cofounder detailed that he understood the changes were taking a long time and said that it was mostly people deterring the improvements.

“One of the biggest problems I’ve found with our project is not the technical problems, it’s problems related with people,”

Buterin said during his interview with Forkast news. “Ethereum is now in a better economic position, but it took us five years to get to where we are now. We have a lot of internal team conflicts in these five years. If you are building a team, it is important to know who you are working with.”

When Buterin was asked about Ethereum 2.0, he said that the developers have been calling it by that name less and less these days.

“We actually call it Ethereum 2.0 a bit less because we want to emphasize that, this isn’t throwing out the existing Ethereum platform and making a totally new one. It’s a much more kind of incremental set of changes,” the programmer remarked.

Ethereum founder Vitalik Buterin admitted that the much-anticipated Eth2 is taking too long.

The platform has been criticized for its high transaction fees, technical difficulties, and issues with PoS.

Ethereum developers will make both Eth1 and Eth2 coexist together to improve the scalability of the chains.

Eth1 will not go extinct.

Vitalik Buterin also noted that its first project Eth1 will not be scrapped completely, even after the launch of Eth2. Rather, the plan is for developers to make gradual changes that will allow both chains to coexist effectively.

He stated that the scalability of the network will improve more when both of the platforms are stacked on top of each other. This will provide the level of scalability the large-scale enterprises are looking for.

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