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Posted   |     |   thehodllife

Why Ethereum’s (ETH) Vitalik Buterin Boycotted Consensus 2018

As the Consensus 2018 event came to a close only a few hours ago, one participant was visibly missing from the event in New York. That person is none other than the co-founder, creator and inventor of Ethereum (ETH), Vitalik Buterin. Mr. Buterin was also one of the original founders of Bitcoin Magazine that has gained prominence in the Crypto-space over the years.

Buterin had informed the Crypto-verse of his intention to Boycott the Consensus Summit this year via a tweet a while back in mid February. In it, he had the following to say about the event:

I am boycotting @coindesk‘s Consensus 2018 conference this year, and strongly encourage others to do the same. Here is my reasoning why. 1. Coindesk is recklessly complicit in enabling giveaway scams. See their latest article on OMG, which *directly links* to a giveaway scam.

The Tweet was accompanied by the following screenshot that explains the issue further:

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                                    Screenshot that accompanied the Tweet highlighting the scam

In this tweet, we see first hand, the first reason Buterin decided to boycott the summit. Coindesk, being the host of Consensus, had published an article (screenshot above) that ‘promoted’ a scam directly. Perhaps the article was an honest mistake. Back in February, scams were not that easy to identify or writers were not cautious enough then.

The article was later updated with edits removing the said fake airdrop of OMG. But the damage had already been done. Buterin had decided not to attend.

He then gave 3 more reasons for his Boycott as outlined below.

On April 26th, and on the same Tweeter thread as the first, Buterin added that he was not pleased with Coindesk’s coverage of EIP 999. The tweet read as follows:

2. Their coverage of EIP 999 was terrible. They published a highly sensationalist article claiming the chain would split, when it was very clear that EIP 999 was *very far* from acceptance. This is why pundits need to be replaced by prediction markets, ASAP.

EIP 999 was a proposal to recover the funds that were locked up…

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