Ethereum Co-Creator Vitalik Buterin Mulls “Detach” From The Protocol

Announcements, Blockchain, News | October 8, 2018 By:

Ethereum co-creator Vitalik Buterin is apparently contemplating a “detach” from working on ethereum. In Twitter posts late last week, Buterin said three other developers were handling the bulk of the work, and that the blockchain protocol can “absolutely survive” without him.

“To be clear, detaching meant detaching from needing to participate. No actual plans to disappear anytime soon,” he wrote.

The posts aren’t the first time Buterin has threatened to leave. He previously indicated that Google approached him to work on its blockchain project, and he has expressed dissatisfaction in the past with certain aspects of being the ethereum lead developer.

Earlier this month, the Ethereum Foundation said it would delay the release of the Constantinople upgrade, anticipated to boost speed and lower transaction fees, among other features. Whether Buterin’s latest announcement was influenced by that is unclear.

There is precedent for Buterin’s withdrawal. Charlie Lee, the founder of Litecoin, backed away from his project and sold a large portion of his stake. And whomever created bitcoin – Satoshi Nakamoto or friends – has not made themselves a large presence.

The news has not had much effect on ethereum’s price. It’s currently up to $228, a gain of more than two percent.