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.— Peter Todd (@peterktodd) October 9, 2019
Better to stay out of advertising crypto currencies entirely if you can't keep away from scammy behavior. https://t.co/PN354pS2kl
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 decentralized or the network scale. 🤷♂️— Gabor Gurbacs (@gaborgurbacs) October 9, 2019
Obviously, this stand between Bitcoin Core devs and Ethereum devs has been going for a long time. A tweet by an ETH core developer from last year rebukes BTC devs for forgetting their actual duties in favour of criticizing Ethereum.
If Bitcoin maximalists would spend as much time building as they spend producing blatant falsehoods about Ethereum, Bitcoin might actually be able to compete by merit.— antiprosynthesis (@antiprosynth) July 12, 2019
Do you support the accusations Peter Todd is making against Ethereum? Let us know about it in the comment section below!