Vitalik Buterin

Ethereum co-founder Vitalik Buterin spoke out on Monday against centralized projects associating themselves with the “crypto” ecosystem. The founder called out IOTA and XRP in particular, which he called “completely centralized.” In an interview with the Bankless podcast, Vitalik said he was beginning to deliberately use the word “Ethereum” as opposed to “crypto” when discussing decentralized applications. “It’s not maximalist,” he noted. “It’s more saying ‘we are not going to ally with you are a cryptocurrency by default.’” Vitalik explained…

Following heated attention on Tornado Cash this week, the Ethereum founder spoke on the mixer’s recent sanction, revealing he used the blacklisted mixer not long ago. Tornado cash is a decentralized protocol that provides users with a platform to perform untraceable transactions. The protocol, built on the Ethereum blockchain, is a transaction mixer that hides and deletes links between transacting accounts. This makes it impossible for transactions performed through it to be traceable, giving its users full anonymity. Vitalik Prompts…

During a recent Korea-based tech conference, BUIDL Asia, Vitalik Buterin shared his views on the future of stablecoins.  In his statement, the Ethereum co-founder asserted that centralized assets such as USDC and USDT could play key roles in certain prospective hard forks.  How Centralized USDT Could Tie into Hard Forks The event took place on Wednesday, August 3rd, and saw Buterin in attendance to speak about Ethereum’s approaching update, the Merge. Illia Polosukhin, co-founder of Near Protocol was also present…

Vitalik Buterin – co-founder of Ethereum – labeled MicroStrategy CEO Michael Saylor a “total clown” over Twitter on Saturday. The developer’s comment was in response to a clip of Saylor discussing Ethereum, securities laws, and the latter’s supposedly “biblical” basis. Saylor and Bitcoin Maximalists Chatting with the Not Investment Advice podcast in mid-July, Saylor spoke at length about Ethereum’s relationship with securities law. In one segment, he suggested that securities laws are rooted in biblical commandments, such as “thou shall…

Ethereum co-founder Vitalik Buterin called out the popular Bitcoin price-analyst “Plan B” on Tuesday. He mocked the analyst’s trademark Stock-to-Flow (S2F) price prediction model, suggesting that it was irresponsible to share from the start. S2F ‘Not Looking Good’ In a tweet hours ago, Vitalik posted a picture of Bitcoin’s price plotted against the S2F model. “Stock-to-flow is really not looking good now,” he commented. With Bitcoin’s recent declines, the price has deviated even further from Plan B’s more bullish modeling…

Ethereum co-founder Vitalik Buterin recently showed doubt that cryptocurrencies will replace traditional currencies on the world stage. He does, however, believe cryptos can co-exist as an alternative asset class. Assets, Not Currencies As reported by Reuters, Vitalik made his comments at the VivaTech conference in Paris. “I do not expect cryptocurrencies to take over the world,” he said. “It’s about cryptos and digital and governments.” [caption id="" align="aligncenter" width="2880"] Vitalik Buterin. Source: Fortune[/caption] As originally conceived, Bitcoin was created as…

Ethereum co-founder Vitalik Buterin has opposed the idea of governments banning Proof-of-Work (PoW) mining. He said this while responding to aspiring US Senator Bruce Fenton. Instead of enforcing an outright ban on the PoW crypto mining, Buterins suggested carbon pricing. In a June 4 tweet, Fenton said no government has the right to dictate the software a person or an entity should run. According to him, code is speech. In response, Buterin said: Ultimately, I agree with this (that is,…

Cryptocurrency advocates, including Ethereum founder Vitalik Buterin, are calling out Canadian authorities for seizing crypto amid the ongoing "Freedom Convoy." Canada is facing massive protests against the government's COVID 19 policies and vaccine mandates. While mostly peaceful, the protests included blocking roads and honking truck horns to cause a disturbance. Still, protesters have received a lot of support, both at home and abroad. This includes a sizable sum in donations, including in crypto. That is something that the government wants to…

The founder of Ethereum, Vitalik Buterin, proposed a solution to reduce the cost of transaction fees on Ethereum’s Blockchain.  Lower-transaction fee proposals have coincided with Ethereum rallies and contributed to positive investor sentiments.   In a Twitter thread on Saturday, Vitalik suggested new techniques for handling data transfer over the network, which could reduce the cost of processing transactions. Additionally, Vitalik talked about an update on Ethereum Layer 2, which involves “blob-carrying transactions.” Also, he speculated that the modifications would significantly…