Vitalik Buterin: Bitcoin Holds Advantages in Blockchain Fundamentals

Ethereum co-founder Vitalik Buterin acknowledged that while Ethereum leads in certain areas of blockchain development, Bitcoin holds a significant advantage in key foundational aspects. In an open critique, Buterin noted Ethereum’s strengths in censorship resistance and network security, driven by innovations like Proof of Stake, rollups, and MEV mitigation strategies. However, he highlighted Bitcoin’s advantages, including its simpler codebase, lower protocol alteration rate, higher node count, and reduced reliance on RPC services.