Community still believes in Ethereum 2.0 despite scaling challenges

At the 2019 Devcon in Japan, the Ethereum community was optimistic about the launch of the network's second iteration, seemingly untouched by the latest controversy surrounding claims made by Ethereum's founders about its inability to scale and grow.

While much of the crypto industry seemed shaken by the comments made by Ethereum co-founder Joseph Lubin, the community surrounding the second-largest coin by market cap stood firm in their beliefs.

Earlier in September during the Ethereal Tel Aviv conference, Lubin said that Ethereum creators knew "From the beginning" that the network wouldn't scale.

To combat the flaws in the network's original form, the second iteration of Ethereum has seemingly always been planned.

None of this seemed to have affected the Ethereum community at the 2019 Devcon, the largest developer conference in the crypto industry.

Ethereum 2.0 still a long way ahead. That iteration is still a long way ahead. During the conference, Vitalik Buterin, the co-founder of Ethereum, said that Ethreum's layer two solutions are proceeding "Slower than expected."

James Beck, communications lead at ConsenSys, said that there are currently nine teams working on the upcoming Ethereum 2.0 blockchain, including well-known companies such as Chainsafe and Protocol Labs.

Ethereum Foundation developer Jamie Pitts said that he was concerned about the project.

Developers working on Ethereum clients said that the two versions of the network could easily exist at the same time and that they didn't plan on halting their work on the original Ethereum blockchain.

All of the confusion and controversy seems to have originated from the pressure the Ethereum team got from their investors.