Vitalik Buterin

Ethereum Second-Layer Scalability Still Needs Work, Says Starkware CEO

Uri Kolodny, co-founder and CEO of blockchain firm StarkWare, told Cointelegraph that Ethereum second-layer scalability solutions still need some work. Ethereum co-founder Vitalik Buterin claimed on June 1 that the blockchain’s layer-two scaling initial deployment has “basically” succeeded. Kolodny — on the other hand — told Cointelegraph that he is not as convinced: “I wouldn’t …

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Despite Trust Model Debates, Ethereum Is Bitcoin’s Largest Sidechain by Total Value Locked

The Ethereum network now has more bitcoin held in reserves than the Lightning Network, according to onchain statistics. At the time of publication, Wrapped Bitcoin (WBTC) has close to 4,000 BTC ($34.7M) held in reserves, while the Lightning Network has only 925 BTC ($8.3M). Wrapped Bitcoin Project’s Total Value Locked Climbs to 3.9k Bitcoin Just …

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Stablecoins Can Transfer Value Across Blockchains, Says Vitalik Buterin

Ethereum co-founder Vitalik Buterin thinks that the stablecoin industry is missing a valuable opportunity to improve interoperability between different blockchains.  In a lengthy Twitter thread on May 20, Buterin suggested that stablecoins could enable users to move value across different blockchains: “In the specific case of issuer-backed stablecoins there’s lots of things that could be …

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Vitalik Buterin: Blockchains Will Discourage Monopolies, Not Create Them

Vitalik Buterin has called for lawmakers to be more accommodating to blockchain protocols, saying they can actually help antitrust agencies fight monopolies and anti-competitive behavior. Together with Thibault Schrepel, an antitrust academic and Harvard faculty associate, the creator of Ethereum argued in a newly-published paper that blockchain and antitrust agencies “share a common goal” in …

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Vitalik Says He Has ‘Some Respect’ for How EOS Handles Governance

In a recent series of tweets, Ethereum co-founder Vitalik Buterin gave a nod of approval to competing blockchain EOS with regard to the niche they are trying to carve out.   “If I were designing a new chain to live alongside Bitcoin and Ethereum, I would take all the political tradeoffs that BTC and ETH aren’t willing to take,” …

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Risk of Dramatic Ether Sell-Off Grows With Longs at Record Highs

With anticipation growing for Ethereum’s long-awaited ETH 2.0 revamp, Ether long positions have gone parabolic on Bitfinex since February. But with short positions also growing, and co-founder Vitalik Buterin withdrawing last week’s confident prediction of a July launch, the bullishness has also increased the risk of a violent sell-off. Ether long positions go parabolic Long …

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Vitalik Buterin Clarifies Remarks on Expected Launch Date of Eth 2.0

Ethereum founder Vitalik Buterin has clarified his remarks on the expected launch date of Eth 2.0. CoinDesk chief content officer Michael J. Casey asked if the overhaul to the world’s second-largest cryptocurrency by market cap was “really coming in July. Are we ready for it?” “I think so, yeah,” Buterin said, before rattling off milestones …

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ETH 2.0 Issuance Will Be 2 Million a Year at Most Says Vitalik

Ethereum co-founder Vitalik Buterin said that issuance on the Ethereum 2.0 upgrade will be drastically reduced in a podcast interview with POV Crypto called “Internet Money”. Discussing some of the differences between Bitcoin (BTC) and Ethereum (ETH), Buterin explained why the team chose Proof of Stake as the upgraded consensus mechanism: “One of the reasons …

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