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Tron Weekly

08/15/2023

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Ethereum Developers Face Backdoor Controversy Over L2

You are here: Home / News / Altcoin News / Ethereum Developers Face Backdoor Controversy Over L2 and Rollup SolutionsA new rift has emerged in the cryptocurrency world, embroiled in a clash between Ethereum...

Ethereum Developers Face Backdoor Controversy Over L2

You are here: Home / News / Altcoin News / Ethereum Developers Face Backdoor Controversy Over L2 and Rollup Solutions

ethereum

A new rift has emerged in the cryptocurrency world, embroiled in a clash between Ethereum (ETH) developers and the Cardano community. The turmoil erupted after video clips surfaced, exposing what some perceive as dubious practices within Ethereum’s network.

Chris O, a celebrated figure known as a Cardano Original Gangster, took to Twitter to launch scathing criticism against Vitalik Buterin, the co-founder of ETH. The catalyst for this clash was a leaked interview snippet in which Buterin disclosed that ETH’s layer two and rollup solutions harbored “backdoors” accessible to protocol developers for necessary adjustments. This proclamation by Buterin casts a shadow on ETH’s foundational principles and ruffles feathers within the Cardano community.

🚨🚨WOW!! V says the quiet part out loud. Every L2 & Rollup on $ETH has a back door for protocol devs🤯 So much for immutable, permissionless & censorship resistance. This is not #Crypto. At this point, I don’t see how anyone can dispute that #Cardano & to a lesser degree $BTChttps://t.co/MHG8IfcZxg

— Chris O (@TheOCcryptobro) August 13, 2023

Chris O’s critique resonated with those who questioned the core tenets of Ethereum’s reputation. The assertion that the ETH network lacks true immutability, permissionlessness, and censorship resistance, as highlighted by Buterin’s comments, ignited a vigorous debate. In a bold move, Chris O declared Bitcoin (BTC) and Cardano (ADA) as the sole authentic cryptocurrencies, proudly devoid of any allowances for protocol developers to intervene.

While Ethereum’s alleged backdoor saga gripped the attention of crypto enthusiasts, dissenting voices emphasized that such mechanisms weren’t exclusive to the cryptocurrency space. Drawing parallels to practices employed by tech giants to trap users into their ecosystems, one Twitter user contended that Cardano’s blockchain championed the genuine aspirations of the crypto movement.

Ethereum Devs Stun Crypto Community With Staking Revelation

Amidst the fray, Ethereum developers faced further scrutiny. A prominent figure within the crypto community shared a video wherein ETH developers confessed their inability to stake all of their ETH tokens. This revelation stemmed from their intimate understanding of the intricacies of the ETH network, “When you made the sausage, you know how it was made,” as one developer absurdly remarked.

Charles Hoskinson, the visionary behind Cardano, found amusement in the unfolding drama. He marveled at the fascinating dynamics between Ethereum and Cardano, alluding to past criticisms from ETH developers regarding Cardano’s blockchain design. Hoskinson embraced the unfolding scenario lightheartedly, remarking, “Goodtimes.”

In a landscape brimming with twists and turns, ETH is under the spotlight as the crypto community dissects the implications of alleged backdoors within its framework. The clash of ideologies between Ethereum and Cardano enthusiasts adds a layer of intrigue to the ever-evolving narrative of the cryptocurrency universe.

Related Reading:| Ethereum L2 Captures Investors’ Attention With Surge In Transactions

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