09 Oct Bitcoin Developer Peter Todd Claims Ethereum is ‘Scammy Project’ and ‘Massive Stock Offe…
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The critics from a top-end Bitcoin developer Peter Todd towards Ethereum came as the annual Ethereum-organized devcon started on October 8.
In particular, Todd commented on the post by a respectful Twitter account Internet Archive that had published a video clip from the ongoing Ethereum conference.
He called Ethereum a ‘scammy project’, a ‘massive stock offering’ and stated that Vitalik Buterin and other co-founders had lied to the investors about its capabilities.
Sad to see the @internetarchive advertising such a scammy project. ETH is essentially a massive stock offering by a set of founders who lied about it’s capabilities.
Better to stay out of advertising crypto currencies entirely if you can’t keep away from scammy behavior. https://t.co/PN354pS2kl
— Peter Todd (@peterktodd) October 9, 2019
This was supported by another member of the crypto community, apparently, harboring a grudge against Ethereum.
A light show with drums won’t make Ethereum validation more…
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