Dan Larimer’s Prophecies about Ethereum and Bitcoin Came to Pass

5 years ago, Ethereum was launched by Vitalik Buterin and currently has one of the biggest ecosystem for dapps and defi. Before this massive use of ethereum came in, ethereum made several moves to become fast enough for its fast growing ecosystem. This led to the journey towards ethereum 2.0.

While the crypto space is yet to see ethereum 2.0 come alive, it’s important to remember the use of POS by ethereum was suggested by Dan Larimer 6 years ago, when he said “PROOF OF WORK” (POW) was a bad idea for ethereum.

Dan Larimer also warned POW was a bad idea for BITCOIN

Not only did Dan Larimer predicted POW was a bad idea fofr ertherum, he also predicted bitcoin will be slow in the future since it was using POW too. He will forever be remembered as the man who predicted the current slow nature of bitcoin and the man who was ignored by Satoshi Nakamoto:

If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry