Buterin

Ethereum (ETH) co-founder Vitalik Buterin advocates reducing the ETH solo staking requirement to lower the entry barrier and promote greater network decentralization. Buterin Sees 32 ETH Requirement As A Barrier Responding to Ethereum educator Anthony Sassano on X regarding solo staking, Buterin expressed concern that the current 32 ETH requirement presents a bigger obstacle than bandwidth limitations. For those unfamiliar, solo staking on Ethereum requires an individual validator to stake at least 32 ETH – approximately $75,200 at the current…

Layer 2 blockchains are under considerable criticism from various sects in the Defi community for their centralization and high fee issues. Justin Bons recently accused Ethereum-based layer 2 networks of stealing funds and Vitalik Buterin added that any L2s below stage 1 are dead to him and he won’t mention them publicly.  Though this paves the way for improved architectures and continuous development, many investors and developers are calling layer one networks the future. Following this demand, Solana (SOL) and…

The post Vitalik Buterin Stakes $2.24M in ETH and 2.27M USDC on Aave! appeared first on Coinpedia Fintech News Ethereum co-founder Vitalik Buterin has made a significant move by staking 950 ETH worth $2.24 million with 2.277 million USDC over AAVE. The move comes after a streak of wallets linked to Buterin offloading ETH in the market. As a sudden shift in mentality, the transaction attracts bullish attention in the market.

Ethereum co-founder Vitalik Buterin has been in the news of late with his 760 ETH withdrawal–a move that raised eyebrows as speculations about what such external wallet transactions by him could do to the Ethereum market. Transactions are part of a broader trend that has seen wallets associated with Buterin and the Ethereum Foundation actively sell large portions of Ether. It is this aggressive selling that has added to the bearish pressure on Ethereum’s price, which lately slipped to the…

The post Vitalik Buterin Moves 3,000 ETH, Crypto Community Panics appeared first on Coinpedia Fintech News Ethereum co-founder Vitalik Buterin recently caught some allegations of dumping his ETH on the community. An on-chain data showed that Vitalik has moved another 800 ETH worth around $2.01M to a multisign wallet.He had transferred 3,000 ETH (around $8.04M) to the same wallet on August 9. This information created speculations among the community that Vitalik is selling, however, he made it clear that these…

The post Buterin Denies Selling Millions of Dollars of ETH For Personal Profit! appeared first on Coinpedia Fintech News Ethereum co-founder Vitalik Buterin has denied allegations that he sold millions of dollars of Ether (ETH) for personal profit. On Aug. 30, a crypto community member accused Buterin of dumping over $2 million worth of Ether (800 ETH) after making a bullish tweet. The same wallet address received 3,000 ETH from the Buterin on August 9. According to Buterin, he never…

The post Buterin Shares Crucial Details On Verification Of L2 Transactions  appeared first on Coinpedia Fintech News Vitalik Buterin has shared his view on how verification for transactions on Layer 2 is executed. According to Buterin, Ether L2 inherits L1 security, which means assets on the L2 are safe and can be withdrawn as long as the L1 is secure. He had previously emphasized that both Layer 1 (L1) and Layer 2 (L2) solutions on Ethereum confirm transactions within seconds,…

The post Buterin Transfers Another 400 ETH Worth $1.05M Into Railgun appeared first on Coinpedia Fintech News As per a recent tweet from spotonchain, Vitalik Buterin has transferred another 400 Ethereum worth $1.05 Million into the mixer Railgun. Vitalik transferred 1 $ETH to 0x18…F10E yesterday, and then deposited 0.998 $ETH into the mixer Railgun. He had previously stated that Railgun uses the privacy pools protocol which makes it much harder for bad actors to join the pool without compromising users’…

The post Vitalik Buterin Sells 17.1 Billion Neiros, Causing Meme Coin Price to Plummet By 60% appeared first on Coinpedia Fintech News After a global market plunge and massive sell-off, the entire crypto market has suffered, with memecoins dropping over 20% in the past 24 hours. The Neiro meme coin, a new player in the busy world of meme-based cryptocurrencies, recently made headlines due to a significant sell-off by Ethereum co-founder Vitalik Buterin, resulting in a 60% drop in Neiro’s…