Vitalik Buterin participated in EDCON 2023, a conference focused on the development of Ethereum, and attracted attention both for his traditional costume from Montenegro, the country that hosted the event, and for his speeches.
While he once referred to Solana as a project with a bright future, the creator of Ethereum has now mocked its competitor by pointing out centralization issues.
Both Ethereum and Solana are down this Wednesday (24). Quoted at $1,785, ETH is showing losses of 3.8% on day. SOL, quoted at US$19, is down from 4.9% on the daily chart against the US dollar.
Vitalik Buterin mocks Solana at the event
Apart from being known as a prodigy developer, having created Ethereum when he was just 19 years old, Vitalik Buterin is also known for his irreverent style.
Although he is a billionaire, Buterin always wears a kitten watch on his wrist instead of a Rolex. In addition, he has also appeared in a unicorn costume.
Already this week, the creator of Ethereum appeared at an event in a traditional costume from Montenegro, which again surprised everyone.
What stood out, however, were his speeches. In a mocking tone, Buterin claims to be Anatoly Yakovenko, co-founder of Solana, and talks sarcastically about the benefits of SOL.
“So I’m Anatoly, I’m from Solana, and today I’m going to tell everyone why the most scalable blockchains rely on nodes running on powerful servers.”
BREAK: @VitalikButerin introduces itself as @aeyakovenko
“Solana is the most scalable blockchain”.
Vitalik loves Solana!
— Step Data Insights (@StepDataInsight) May 23, 2023
Although the creator of the tweet points out that “Vitalik loves Solana” for being “most scalable blockchain”is the message from the creator of Ethereum clearly a mockery of the centralization of network nodes.
Vitalik Buterin is also concerned about Ethereum
As Ethereum was about to break the $2,000 resistance, the Ethereum Foundation sold BRL 30 million worth of ETH on the market, creating massive selling pressure, mostly psychological. After all, many interpreted the sale as a sign of pessimism from the team behind the project.
In a publication titled “don’t overload the Ethereum consensus” posted on Sunday (21), Vitalik Buterin mentions some of the limitations and dangers of ETH, such as the practice of turn off again by third-party projects.
Finally, many believed that Ethereum would have a new future after The Merge update. But even with massive ETH burns, making it deflationary, the price remains under pressure and without encouraging investors.
Source: Live Coins

Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.