NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Vitalik Buterin has no Multi-Year Plan for Ethereum and That’s OK

newsbtc
newsbtc
7 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

In the world of cryptocurrency, having a long-term vision is of the utmost importance. Where Vitalik Buterin is concerned, that vision is not necessarily present. In a recent interview, it became clear the “face of Ethereum” has no plans for this project other than a few months ahead at a time. So far, this hasn’t hindered the project’s chance of success.

Vitalik Buterin Isn’t a Big Planner

One can easily argue there is no need for a multi-year plan in cryptocurrency. As this industry is still evolving out of its infancy, things tend to change quite a bit. Setting hard deadlines often does not work and only causes more stress. Even so, having a general idea of where to take Ethereum in the next five to ten years should be a minimum requirement. Vitalik Buterin doesn’t have that vision, as he explains:

“Ethereum got big. It just so happened that Ethereum evolved without, I guess, other figures quite as large as myself.I have no idea where I’d like to be years from now. I generally don’t plan more than three months ahead, let alone five years.”

Despite this absence of a long-term vision, Ethereum seems to be maturing on its own. Vitalik Buterin is not the only person working on the code. A growing team of developers is polishing code, adding new features, and making suggestions. None of those individuals are in the spotlight as much as Buterin, though. As such, anything he says and does will be scrutinized, which is only to be expected.

Not in it for the Money

Most people would assume Buterin is another developer doing it for the money. Those who know him a bit better know that is the exact opposite of his persona. He couldn’t care less about those who made millions off the back of other people’s coding work. Ethereum has never been a career plan for Buterin, but that is not a bad thing per se. When talking about those who struck it rich with cryptocurrency, he jokingly adds:

“It’s the luck of the draw, where everyone who won the draw seems to feel like they deserved it for being smarter. I was loyal and I was virtuous and I held through and therefore I deserve to have my five mansions and 23 lambos!”

While some people may criticize this lack of long-term vision, it seems to be nothing to be concerned about. Together with the other enthusiasts, Vitalik Buterin will continue to focus on this project for quite some time to come. Ethereum is close to entering its next stage of evolution. A switch to proof-of-stake is imminent. There may even be a hard supply cap in the future, albeit that is not officially confirmed.

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Comments 1

  1. marek kristofcak says:
    7 years ago

    technologies and trends are evolving and changing so quickly in this millenium.. in system/application development it just doesn’t make sense to plan several years ahead.. you may have visions, but you can’t plan where it ends up

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 1

  1. marek kristofcak says:
    7 years ago

    technologies and trends are evolving and changing so quickly in this millenium.. in system/application development it just doesn’t make sense to plan several years ahead.. you may have visions, but you can’t plan where it ends up

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum

Ethereum At Risk? If $2,200 Cracks, $1,160 May Be Coming

Ethereum currently has strong support at $2,200, but one analyst has pointed out that if the level fails, the next...

Keshav Verma 19 hours ago
Ethereum Price Readies for Takeoff

Ethereum Price Readies for Takeoff — Bulls Eye Fresh Highs

Ethereum price started a fresh increase above the $2,485 zone. ETH is now consolidating gains and might soon aim for...

Aayush Jindal 21 hours ago
Strong Ethereum Accumulation Detected: LTH Buying Heavy During June Consolidation

Strong Ethereum Accumulation Detected: LTH Buying Heavy During June Consolidation

Ethereum is trading above $2,400 after enduring several days of volatility and uncertainty. The price has managed to stabilize despite...

Sebastian Villafuerte 1 day ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum

Ethereum Indecision Masks A Bullish Setup – Here’s Why BTC Holds The Key

Godspower Owie 8 hours ago
BitMine

BitMine Stock Soars 700% After $250 Million Raise For Ethereum Treasury

Ronaldo Marquez 11 hours ago
Ethereum price news

Ethereum Just Got Its MicroStrategy—Tom Lee Bets On Soaring ETH Price

Jake Simmons 15 hours ago

Premium Sponsors

Press Releases

  • Ethereum Enthusiasts Easily Earn a Stable Daily Income of...

    3 hours ago
  • Hledáte nejlepší kryptoměny k nákupu v roce 2025

    Hledáte nejlepší kryptoměny k nákupu v roce 2025? Tady...

    6 hours ago
  • Cauți cele mai bune criptomonede de cumpărat în 2025?...

    6 hours ago
  • Tražite najbolje kriptovalute za kupnju u 2025. 4 top izbora za vaš portfelj

    Tražite najbolje kriptovalute za kupnju u 2025.? 4 top...

    6 hours ago
  • 今が狙い目の割安アルトコイン特集|注目すべき銘柄をチェック!

    ...

    11 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.