Peter Todd, a former Bitcoin developer, has attacked Ethereum, calling it a scam.

The attack came after article Written by the editor “Lee Queen” About that the upcoming upgrade of Ethereum 2.0 may be a scam, which Mr. Vitalik Buterin, the founder of Ethereum, reacted to commenting that the report was unfair and that it did not respect the years of hard work by dozens of developers.

Sorry but this article is very unfair. Even a hint that eth2 might be a “scam” in the title disrespects years of hard work by dozens of people, especially given that Phase 0 is months away.

– Non-etheric Vitalik (VitalikButerin) October 8, 2019

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The expansion problem of the Ethereum project:

The attacks led by Mr. Peter Todd and Mrs. Leigh Cuen were based on the inability of Ethereum to scale as a popular platform.

In addition to the project’s introduction of the smart contract feature, the network is under enormous pressure.

Many followers of the Ethereum project believe that the new update will address this problem and reduce it in the new version.

While critics believe that the transition to Ethereum 2.0 is just a naming, while the expansion problem will remain as it is.

As for the accusation of fraud against the Ethereum project, it is a result, given the contradictions surrounding the project.

In addition to declaring many false statements that made some doubt the project, as did Peter Todd, who tweeted:

The most common type of fraud in the crypto space is to claim that things and numbers are increasing when they don’t, and that things are reliable when they are not.

ETH 1.0 did both types of scams, which put it in the face of the toughest challenges.

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Ethereum is fertile ground for lies.

Todd cited the position of Joseph Lubin, co-founder of Ethereum, who said earlier

That Ethereum has the scalability, while Mr. Vitalik Buterin admitted that this is not the case.

The accusations and the accompanying media hype have made Bitcoin and Ethereum proponents in conflict, attacking each other.

Ethereum proponents cited that their project did not have the goal of expansion from the start.

ICO Bulletin: “Creating Scalable Applications on Ethereum.”

Mod: “You’re saying that the concept of launching something that doesn’t scale and then rebuilding it as something scalable was part of the initial plan.”

Lupine: “We knew it was definitely not going to be scalable.”

Vitalik: *hold* pic.twitter.com/MBSFkQeugj

nogrubles September 20, 2019

Critics responded and reminded them of the project’s white paper, which has been removed from the Ethereum site, which states the goal of building a secure and scalable platform from scratch:

not seriously. 5 years ago they said you can create scalable apps in the ICO legal document “TermsAndConditionsOfTheEthereumGenesisSale.pdf”.

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It has since been removed from ethereum, org but there is an archive of the document. pic.twitter.com/eEYcUCrDvp

nogrubles September 20, 2019

Ethereum enthusiasts have accepted Ethereum’s modernization of scaling, changing the way it is mined and facilitating access.

There is no solution for Ethereum except to upgrade and apply the improvements as soon as possible especially that its competitors (Altron, EOS) are on the lookout.

The Ethereum 2.0 update will change the mining algorithm and add many upgrades

We have previously referred to it in various topics on the Arab Bitcoin website.

Will the expected upgrade be a solution to previous problems and silence all critics?

Or is it just a decorative upgrade that keeps Ethereum running forward?

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