Vitalik Buterin, Ethereum’s creator and co-founder, released a blog post on Friday defending “Bitcoin maximalism” with strong argument and detail.
The maximalist ethos often opposes any changes to Bitcoin itself, while simultaneously believing that more complicated blockchain systems have fundamental and necessarily fatal faults.
That appears to be a bit of a joke, given that Buterin has embraced decentralized governance as a valuable innovation.
And he appears to be fully earnest about the crux of his argument.
As he demonstrates with instances such as Ethereum miners outpacing consumers and development-funding tax ideas, the feature-richness of systems such as Ethereum carries intrinsic dangers to predictability and durability.