Vitalik

The post Vitalik Buterin Moves 80 ETH To Railgun Platform  appeared first on Coinpedia Fintech News Ethereum Co-founder Vitalik Buterin has made a significant move today as he moved 80 ETH valued at $300,000, to coin mixer Railgun, marking the latest in a series of monthly transfers Buterin has made to Railgun over the past 6 months. Railgun’s platform, known for privacy-focused coin mixing services, has attracted users who seek enhanced privacy and security in crypto transactions. Vitalik has been…

The post K9 to Burn 410M KNINE Tokens in Tribute to Vitalik Buterin’s SHIB Burn appeared first on Coinpedia Fintech News In a recent X post, K9 disclosed plans to burn 410M KNINE tokens to honor Vitalik Buterin’s massive SHIB burn in 2021. An impressive 81.66% of the votes supported the proposal to burn 410M KNINE, while the remainder opposed the initiative. Notably, the K9 team will send 410M KNINE tokens to a dead blockchain wallet on May 31, permanently…

Vitalik Buterin introduces EIP-7702 aiming to elevate the capabilities of externally owned accounts (EOAs) by temporarily integrating smart contract features. This proposal has the potential to revolutionize user experiences on Ethereum, making it more accessible and secure, thus accelerating its adoption. Vitalik Buterin, co-founder of Ethereum, alongside collaborators Sam Wilson, Ansgar Dietrichs, and Matt Garnett, has introduced Ethereum Improvement Proposal (EIP) 7702. This proposal seeks to enhance the functionality of Ethereum’s externally owned accounts (EOAs) significantly. EIP-7702 intends to temporarily…

Vitalik Buterin, along with co-authors Matt Garnett, Ansgar Dietrichs, and Sam Wilson, have proposed EIP-7702 as an alternative to EIP-3074 to refine account abstraction on Ethereum. EIP-7702 aims to temporarily allow Ethereum’s externally owned accounts (normal accounts) to function as smart contract wallets during transactions and revert to their original state once the transaction is done.  EIP-7702  Ethereum Improvement Proposal (EIP) 7702 has been proposed as an alternative to EIP-3074 and suggests a novel transaction type that allows externally owned…

Ethereum co-founder Vitalik Buterin has highlighted the drawbacks of using hardware wallets to secure crypto in his advocacy for Multisignature.  According to him, 90% of his funds are secured using Multisignature, an advanced approach that requires transactions to be validated by more than one signature.  Crypto security takes center stage as Ethereum co-founder Vitalik Buterin makes an insightful presentation on the most effective approach to securing digital assets in addition to the vulnerabilities presented in the most common wallets. His…

Ethereum co-founder Vitalik Buterin has re-upped his post from 1.5 years ago on “Layer 3s”, saying that L3s won’t magically increase throughput. Still, they can reduce certain fixed costs associated with batch publishing and deposits or withdrawals. His statement comes amid concerns that Layer 3 networks are taking away from Ethereum’s value and security. L3 Doesn’t Magically Increase Throughput According to Buterin’s X post, there are alternative, potentially “lighter” approaches to achieve similar cost savings as those offered by Layer…

Vitalik Buterin – the co-founder of Ethereum – shared insights on the next steps in the protocol’s simplification and easing the burden on node resources, also known as ‘Purge.’ The Purge essentially aims to safeguard the protocol by optimizing data storage. At the same time, it also seeks to address design decisions that were made due to technology constraints in the past. The primary objective is to streamline the protocol, eliminate technical obligations, and reduce participation costs in the network…

Ethereum co-founder Vitalik Buterin has lent support to Worldcoin amid its regulatory challenges and privacy criticisms. Buterin commended Worldcoin’s efforts to address privacy concerns by minimizing data collection and enhancing system design. Sam Altman’s iris biometric crypto initiative, Worldcoin, is facing regulatory scrutiny globally, particularly in Europe, over concerns regarding data privacy. Despite these challenges, Worldcoin has garnered support from the crypto community and now from Ethereum co-founder Vitalik Buterin, who previously raised concerns about the project’s identity system. In…

Blobs have officially come to Ethereum through its latest “Dencun” hard fork, making it far cheaper to transact on the network’s layer 2 (L2) blockchains. So what’s next? In a blog post published on Thursday, Ethereum co-founder Vitalik Buterin outlined how he expects Ethereum to scale for mass adoption, emphasizing a shift in developmental focus to L2s. Vitalik’s View On Ethereum Layer 2s According to Vitalik, the newly implemented EIP 4844 (aka “blobs”) marked a “zero to one” milestone for…