Vitalik Buterin

Ethereum as Lifestyle Brand: What Unicorns and Rainbows Are Really About

The lights were dimmed during the last day of Devcon in October 2019. A hush fell over the auditorium in Osaka, Japan. A haunting melody rippled through the crowd of roughly 1,000 people. Everyone knew the dance was about to begin.  Ethereum leaders, including inventor Vitalik Buterin, plus Hudson Jameson and Aya Miyaguchi of the …

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Climbing off Twitter on Scaffolds of Truth: Where Srinivasan and Benet Diverge

In the American epic, Lonesome Dove, by Larry McMurtry, there are two characters who can see much further than the other members of their gang: Captain Gus McCrae and Joshua Deets. McCrae’s co-captain, Woodrow Call, and their fellow cowboys learn to take Deets and McCrae at their word when they say they see something out …

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Ethereum’s 2020 Defi Boom Doubles Active Ether Addresses, But Fees Skyrocket

Renters Threaten US Real Estate Market, 20 Million Americans Face Eviction The aftermath of the coronavirus-provoked business shutdowns in the United States caused a number of market observers to focus on the U.S. real estate and rental markets. As the federal moratorium on evictions reaches its expiry, a recent Aspen Institute … read more. Crypto …

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Avalanche Launch Fumbles: ‘A Highly-Sophisticated DDoS Attack Derailed Token Sale’

On July 8, 2020, some members of the cryptocurrency community were prepared to leverage the AVA Labs Avalanche (AVAX) token sale, in order to acquire some of the highly anticipated coin on Wednesday. However, due to “record-breaking demand” and a “highly-sophisticated DDOS attack” the Avalanche sale has been rescheduled for July 15, 2020. For quite …

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Vitalik: We Underestimated How Long Proof-of-Stake and Sharding Would Take to Complete

The Hashing It Out podcast recently hosted Ethereum co-founder, Vitalik Buterin. During the show, he explained how he would handle Ethereum’s creation differently if he were building it now.  Buterin acknowledged the presence of a number of changes, both large and small, such as putting more thought into gas costs for example. “We didn’t really …

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Breaking Bitcoin: Crypto Proponents Discuss Honeywell’s 6 Qubit Quantum Computer

On June 19, 2020, the massive industrial firm Honeywell told the public the company is now running a quantum computer that effectively leverages six effective quantum bits, or qubits. Honeywell’s machine is two times more powerful than the quantum computers designed by IBM and Google. With Honeywell revealing the new quantum computer, skeptics have already …

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Ethereum’s $5.2 Million Fee Scandal Explained: Exchange Held to Ransom by Hackers

Chinese Government Crackdowns and Cheap Hydropower- Miners Migrate from North to South China China-based bitcoin miners have started to migrate southbound from North China, according to local reports. The operators are having difficulties and are transitioning mining facilities for cheap hydro-powered electricity. Testimonials also show that 64 mining operations in the prefecture in … read …

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Speculation Rife as User Pays a Second $2.6 Million Fee in Ether Transaction

2 Swiss Banks Launch Cryptocurrency Trading and Custody After Gaining Regulatory Approval Switzerland’s financial regulator, FINMA, has approved two Zurich-based banks to offer a range of cryptocurrency services, including trading and custody. Maerki Baumann Bank subsequently announced the launch of its trading platform for major cryptocurrencies while Incore Bank is offering a … read more. …

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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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