Ethereum co-founder Vitalik Buterin expressed his concerns about the blockchain\u2019s future in a recent interview, and attendees of the recent ETHDubai event voiced mixed sentiments toward his perspective on crypto\u2019s perils.<\/p>\n
In an interview with Time magazine, Buterin\u00a0pointed out some of his worries<\/a> regarding the network, including it being populated by players who are only after profit and deviate from the original vision of an egalitarian platform. \u201cIf we don\u2019t exercise our voice, the only things that get built are the things that are immediately profitable,\u201d he said.<\/p>\n Commenting on Buterin\u2019s woes, Sergej Kunz, co-founder of 1inch Network, expressed that he disagrees highly with the Ethereum co-founder. Kunz said that while there are \u201cscam projects\u201d trying to get money from retail investors, there are also good projects that need really funding and can get that funding from venture capitalists trying to make a profit. Citing 1inch as an example, Kunz explained that:\u00a0<\/p>\n \u201cWe see angels and investors. They helped us. They gave us money to fully concentrate, to work on this startup. […] We work to improve the space, to create something unique and improve the whole financial system.\u201d\u00a0<\/p><\/blockquote>\n Aleksei Pupyshev, a developer at GTON Capital, believes there should be a balance between profit and not-for-profit initiatives within the space. He thinks that while there are many projects supporting charity and solving health-related issues, rewards can motivate people to come into the industry.<\/p>\n \u201cWe need more motivation for people who are exploring, and they are exploring by investing.\u201d<\/p><\/blockquote>\n On the other hand, Siva S, chief technology officer of Ozone, feels the problem is tied to the growth of the platform. According to him, as the crypto ecosystem grows, more traditional finance players who are profit-focused will come in and want \u201csome sort of control.\u201d However, he believes that as long as core concepts like consensus stay relevant, developers will still be happy to build on top of Ethereum. <\/p>\n Meanwhile, Raullen Chai, co-founder of IoTeX, shares the same concerns as Buterin. He\u2019s also worried that crypto pioneers won\u2019t be able to stick to their visions for their platforms. He explained: <\/p>\n \u201cI do have the same concern here. I\u2019m not sure if the crypto OG folks can stick to their vision. I hope they can, and I don\u2019t see a fix for this problem, unfortunately.\u201d\u00a0<\/p><\/blockquote>\n Related: <\/em><\/strong>Vitalik Buterin makes list of Time magazine\u2019s 100 most influential people in 2021<\/em><\/strong><\/a><\/p>\n Charles Hoskinson, also an Ethereum co-founder,\u00a0expressed his belief in decentralization<\/a> during a recent talk at Binance Blockchain Week. In his keynote speech, he said that \u201cIf you\u2019re just here to make money, you lose all the things that make the technology special.\u201d\u00a0<\/p>\n<\/div>\n![\"\"](\"https:\/\/s3.cointelegraph.com\/uploads\/2022-04\/e84d092f-4745-451f-948a-30b50d5cb94a.jpg\" "\\"\\"")