Bitcoiner PlanB slams ETH: ‘Centralized & premined’ shitcoin

Quick Summary:

PlanB mockingly reposted a June 2022 X post by Buterin in which the Ethereum co-founder said S2F “is really not looking good now.” PlanB responded with a new posting stating, “Ethereum is really not looking good now.”Source: PlanBIn his response to Buterin’s criticism from years ago, PlanB claimed Ethereum and the network’s coin, Ether (ETH), are centralized and premined, pointing to its shift to proof-of-stake (PoS) and changes in its issuance rate.

Related: Bitcoin analyst PlanB transfers Bitcoin to ETFs to avoid 'hassle with keys'PlanB’s criticism of EthereumIn a separate X post, PlanB explained that an Ethereum full node requires nine terabytes of disk space, meaning he “can not run it” on his hardware.

Understanding the limits and risksButerin as a “single point of failure”PlanB also questioned Buterin’s influence on Ethereum’s development, calling him a “single point of failure.” However, Ethereum Foundation co-executive director Tomasz Stańczak recently announced that Buterin is stepping back from day-to-day operations to focus on research.

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Cointelegraph by Adrian Zmudzinski

Category: Crypto

Markets: United States

Topics: Network Ethereum Full Other Criticism Planb Bitcoin Rollback Nodes Node Data

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-21 @ 15:57:49 (10 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 671 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28102851

View Article Analysis

About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 38 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

Frequently Asked Questions