Bitcoin Developer Peter Todd Claims Ethereum Is ‘Scammy Project’ And ‘Massive Stock Offering’

Updated : 2019-10-10T02:50:18

The critics from a top-end Bitcoin developer Peter Todd towards Ethereum came as the annual Ethereum-organized Devcon started on October 8.

In particular, Todd commented on the post by a respectful Twitter account Internet Archive that had published a video clip from the ongoing Ethereum conference. He called Ethereum a ‘scammy project,’ a ‘massive stock offering’ and stated that Vitalik Buterin and other co-founders had lied to the investors about its capabilities.

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