Vitalik Buterin: “Rumors about my departure are exaggerated”

The creator of Ethereum, Vitalik Buterin, expressed the opinion that the platform will be able to survive his absence, causing many questions and rumors. Following this, he had to explain his statement.

Ethereum is the second largest cryptocurrency in the world by market capitalization. It is also one of the oldest crypto assets on the market, second only to Bitcoin. 

Since the creation of Ethereum, Vitalik Buterin, the co-founder, has been one of the most ardent supporters of the project. However, his latest tweets suggested that he may be planning to leave the project soon. On October 5, Buterin was asked if he had plans to leave Ethereum. In response, he said that he was already distancing himself, and the Ethereum development team was able to survive without him. When asked how and when he decided to leave the project, Buterin responded with the following tweet:

This is already happening. Look at the repository, almost all the research is already being done by Justin Drake (@drakefjustin), Danny Ryan (@dannyryan), Xiao-Wei Wang (@icebearhww) and others. 

At the moment, I believe that the Ethereum project can survive, even if I spontaneously “step aside” tomorrow.

Rumors immediately spread across the network about Buterin’s intention to leave the project, and the crypto community suspected the creator of Ethereum of treason. This caused Buterin to clarify his words in the following tweet:

To be understood correctly, “disengagement” meant withdrawal from personal involvement. I have no real plans to leave the project in the near future.

This is not the first time that Vitalik has had to clarify and clarify what was said. Last month, he had to clarify his words about the unlikely multiple growth of the cryptocurrency market. The statement about the futility of the growth of crypto assets caused a very live discussion in the crypto community.

Meanwhile, the price of Ethereum has dropped significantly over the past few months. At the time of writing, ETH was trading at $229.54. This indicates a price drop of 1.18% against the US dollar and a fall of 0.73% against Bitcoin. The current trading volume is 2,861,418 ETH, while the total market capitalization is $23,517,143,594.