Buterin’s comment comes as the Ethereum community has faced backlash from members raising the alarm that the chain will lose its competitive advantage to rivals if it doesn’t address some core issues, while Solana has attracted more new developers than Ethereum and has poached top talent.

Ethereum co-founder Vitalik Buterin expressed disappointment about “moral reversal” in the crypto industry, pointing to blockchain gambling. On February 20th, Vitalik Buterin’s AMA session featured a question about his main frustrations in the crypto sector last year.

Ten years after the creation of Ethereum, Vitalik Buterin would not be able to raise funds if he had to start from scratch today. Although we’ve had over a decade to build our alternative to the traditional centralized systems,

Vitalik Buterin is critical of crypto casinos, though he defends the existence of Polymarket. The top three Solana gambling Dapps have seen over $21 million