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Ethereum founder Buterin reveals his biggest regret

Şükriye Akdeniz

Sep 3, 2021

Ethereum co-founder Vitalik Buterin talked about a mistake he made when Ethereum was founded, “I wish I hadn't,” he said

The project, founded by Buterin, has managed to become the most valuable altcoin in the market in just five years. However, in addition to the size of the project, it is inevitable that it will have many problems.
Buterin answered questions at a question-and-answer event on Twitter. One of the questions was what was Buterin's biggest regret during the time he founded Ethereum. Buterin talked about his biggest regret during this process.
Ethereum has eight co-founders
Buterin said that Ethereum has 8 co-founders. He added that he did not really take the necessary care in choosing these founding partners. It also didn't take much time to put them together.

The names of the eight founding partners are as follows; Vitalik Buterin, Mihai Alisie, Anthony Di Iorio, Jeffrey Wlicke, Charles Hoskinson, Amir Chetrit, Joseph Lubin, and Gavin Wood.
Although some of the founding partners have left the project, their influence continues.
Having so many founders hasn't always been easy for the Ethereum project. There were many problems. However, the most prominent of these problems was the issue of whether the Ethereum company will be a non-profit company. The founding partners could not agree on this. After this disagreement, mathematician Charles Hoskinson left the group. Hoskinson later founded Cardano. Now the third-largest cryptocurrency project by market capitalization, Cardano is one of Ethereum's biggest competitors.
Buterin must not have anticipated how difficult it would be to have a large number of co-founders. “Coordinating people tightly in small groups is harder than I expected,” Buterin said.
“You can't get everyone to sit in a circle, see each other's inherent goodness and get along. Especially when it comes to major incentive conflicts…”
Adding that the delays in the ETH 2.0 project are not technical, Buterin said that the problem is actually about people. This situation led to various internal conflicts. He then added, "If you're building a team, it's important to know who you're working with."

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