RATE Group | Ethereum [ETH]’s Vitalik Buterin donates in cryptocurrency for the development of the ec…
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Ethereum [ETH]’s Vitalik Buterin donates in cryptocurrency for the development of the ec…

20 Dec Ethereum [ETH]’s Vitalik Buterin donates in cryptocurrency for the development of the ec…

Posted at 23:09h in Cryptocurrency News by

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Vitalik Buterin, the co-founder of Ethereum [ETH], the third-largest cryptocurrency by market cap, is back in the spotlight for donating Ethereum for three projects in the ecosystem. Nonetheless, this step by Buterin was criticized by one of the core developers of the foundation.

The first project to receive a donation from the co-founder of Ethereum was Prsymatic Labs, one of the teams working towards scaling Ethereum. Buterin donated over 1,000 ETH to the project after co-founder Preston Van Loon stated that they were unable to completely focus on scaling towards Ethereum as the team members were still working full-time at other jobs. He said:

“Our biggest distraction @prylabs is that we are still working full time for other jobs. Even with recent grants, it’s hardly enough to take the whole team full time with significant pay cuts and it’s certainly not even for us to scale the team to where we need it.”

To this, Vitalik said:

Vitalik's reply to Preston | Source: Twitter

Vitalik’s reply to Preston | Source:…

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