Vitalik Buterin to boycott Consensus 2018 Cryptocurrency Conference

Vitalik Buterin to boycott Consensus 2018 Cryptocurrency Conference

Ethereum co-founder, Vitalik Buterin has declared that he will not attend this year’s Consensus Conference and has urged others to boycott the event. In a four-point twitter tirade, Buterin criticized Coindesk, the organizers of the event.

Firstly, Buterin accused Coindesk of encouraging pump and dump scams by attacking links to these fraudulent sites in its articles. He cited an article on OMG which had a link that directs to a giveaway scan site.

Secondly, the ethereum cofounder faulted Coindesk’s reporting of the new Ethereum Improvement Proposal EIP-999 which sought to release frozen ETH on parity wallets. Buterin feels that the author gave a wrong impression that the vote would split the ethereum ecosystem.

Buterin reserved his last criticism for their reporting policies before he turned on the price for the event tickets which he suggested was taken overboard.

Coindesk’s editor-in-chief Pete Rizzo (@pete_rizzo_) was quick to respond to the allegations noting that his team was working to resolve the issue with the OMG article while he saying it was a one-off error and not ‘recklessly complicit’. He also said Buterin, who had earlier promised to take more risks on social media, was playing a ‘bully pulpit’ move. He, however, said in one of the following tweets he didn’t want to be enemies with the ethereum cofounder.

The incident caused some furor on social media with members the crypto community offering support, further criticisms or some simply adding perspective. How all these affect the Consensus 2018 conference, which usually holds in May in New York is yet to be known.

Here’s a list of Buterin’s tweets in chronological order;

  1. Coindesk is recklessly complicit in enabling giveaway scams. See their latest article on OMG, which *directly links* to a giveaway scam.
  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.
  3. Their reporting policies are designed to trap you with gotchas. Did you know that if you send them a reply, and you explicitly say that some part is off the record, that’s explicitly on the record unless you go through a request/approve dance first?
  4. And by the way, the conference costs $2-3k to attend. I refuse to personally contribute to that level of rent seeking.

Solomon Sunny is the market reporter for Smartereum, one of the global leaders in Ethereum, blockchain and currency news. He produces technical price updates on digital currencies and writes recent developments about blockchain.


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