Many times the emotion and lack of knowledge in the area leads us to embark on projects that seemed to be simpler than they turned out to be. This is what could have happened to Vitalik Buterin, co-founder of Ethereum.
The reality was different
Vitalik Buterin, co-founder of Ethereum, was a guest on the podcast Hashing It Out where Corey Petty and Dean Eigenmann They discuss a broad panorama of problems involving possible regrets.
Regrets on Ethereum
The conversation between the presenters and Vitalik Buterin was based on what the Ethereum co-founder would do if he could go back in time with a time machine and apply what he knows today. Consequently, the conversation turned to the question: What would you do differently?
In this regard, Buterin acknowledged that they did not do a good job at first. Therefore, it established that it would implement a series of changes, both large and small.
He mentioned a series of changes that he would implement, one of them would be to give more importance to gas costs. However, he also mentioned other bigger considerations around Ethereum.
In principle, Buterin claimed that at first they underestimated the time and work behind the Proof of Stake (PoS) and, consequently, they did not recognize how long it would take to finish things that were not started in 2015.
Probably one of the most common mistakes when starting a project is underestimating the complexity of certain tasks that must be carried out. Mainly because that means being short-sighted about the future of the project.
In this sense, Buterin assured that “If we had known it would take years, we probably would have designed the roadmap differently.”
And, therefore, designing a different roadmap implies working in a different way, making decisions that are perhaps much more accurate and different from how they do it now.
“There are definitely a lot of regrets and wasted time on those aspects.”
Vitalik Buterin, co-founder of Ethereum, on the Hashing It Out podcast.
From the past we have left is learning. Not making the same mistakes again is essential.
Ethereum 2.0 has been in development for a long time, in fact it was initially expected by the crypto community for January of the current year, however it has experienced a number of delays.
Hopefully they have learned from past mistakes and will not underestimate the work ahead.