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.