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Juan Aponte
Oct 4, 2019

Ethereum lies to us about their scalability potential?

Ethereum lies
The controversy has erupted over Ethereum lies after the founders' comments on the scalability of the system were published. Did they lie?

During the last few hours, a controversy has been unleashed involving Ethereum news and its scalability; after its creators answered a question in an interview that unleashed controversy. Do you want to know what it is about? Continue reading.

1. What is scalability which Ethereum lies?

Scalability is a term used to refer to the property that systems have of being able to increase their working capacity without compromising its basic functioning.

This, if we translate it to the world of Blockchain, means something similar to trying to solve how we can do more transactions while avoiding compromising the functionality of the network.

Scalability is also a significant concern for Ethereum's Blockchain. The latter means that the current limitations facing the network in terms of capacity and speed prevent it from being adopted globally and on a larger scale.

Also, there has been a constant discussion among members of the community about how to implement the improvements required to update the systems.

Spoiler alert: They still can't agree.

To further deepen the doubt and the problem, recently came the statements of the creators of Ethereum, Vitalik Buterin, and Joseph Lubin, which did nothing but adding more wood to the fire.

2. What was the problem?

In the video, the interviewer asks both of them if they knew that the chain of Ethereum blocks was not scalable at the time it was created since it is no one's secret that this has been their Achilles heel, but the answer took many by surprise.

Lubin says explicitly, "We knew it wasn't going to be scalable safely," and Buterin nods affirmatively. This is where the polemic ensued.

3. So, did Ethereum lie from the start about its scalability potential?

It is precisely this question that generates the debate.

With this assertion, a situation of increasing scrutiny over the company arose. After all, they would be admitting that the Blockchain Ethereum was never designed for scalability, even though on several occasions it has been sold in such a way.

The truth is that the notion of scalability has been a kind of pariah for the Ethereum blockchain since its foundation, and therefore it is a problem that afflicts its founders; and that users want to see solved.

It has also been known that the original ICO documents contained promises to build scalable applications in the chain. However, seeing the failures of recent attempts and the slow transaction times, users have been nothing but unhappy. It is worth mentioning that the original ICO documents were removed from public view, although digital copies were kept.

Many, however, have defended those involved, suggesting that the plan was always to scale up later in development.

Meanwhile, others suggest that what happened here is that supposedly, the founders of Ethereum were misleading about what the chain of blocks could accomplish, over-selling, or overestimating its capabilities from the beginning.

Is their promise of improvements to come credible?

The most recent Ethereum update announcements come with guarantees that scalability is possible. The founders have promised that changing from Proof of Work to a Participation Test system would provide the necessary bandwidth to increase the scalability of the system.

However, after what happened, many believe that the first promises of scalability have turned out to be false and therefore refuse to believe in these new offers, considering them unreliable.

Ethereum lies to us about their scalability potential?
I am an industrial engineer specializing in blockchain. Enthusiast of cryptocurrencies and writing the latest news regarding the Crypto world.

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