The Ethereum co-founder recently wrote that the network has gotten away from its founding principles.
Ethereum co-founder Vitalik Buterin has a dream. He wants to make Ethereum cypherpunk again — harkening back to the foundational values of blockchain, like decentralization, open participation, censorship resistance and credible neutrality.
In the Dec. 28, 2023 post titled “Make Ethereum Cypherpunk Again,” Buterin argued that these concepts should shape not only the future of Ethereum but also the future of the internet as Web2 develops into Web3.
At the same time, Buterin lamented “degen [-erate] gamblers” on Ethereum who put their money into memecoins or nonfungible tokens (NFTs) in the hope of outsized financial rewards.
