Vitalik Buterin

More Than 5 Million in Ethereum Worth $13 Billion Rests in the Eth2 Staking Contract

<div class=”featured_image_container”> </div> <strong>Statistics now show the Eth2 deposit contract has more than 5.2 million staked ether worth over $13 billion locked into the smart contract. The contract launched on November 4, 2020, and three weeks later, the contract met the required threshold to initiate the Beacon Chain. It’s not cheap to become a validator …

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Vitalik argues that proof-of-stake is a ‘solution’ to Ethereum’s environmental woes

At a conference yesterday, Ethereum co-founder and unofficial figurehead Vitalik Buterin argued that Ethereum’s upcoming transition to a proof-of-stake consensus mechanism is a “solution” to the blockchain’s rampant energy consumption that has been incensing critics as of late. In an interview at the StartmeupHK virtual conference hosted from Hong Kong, Buterin said that while proof …

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Vitalik Buterin Criticizes Elon Musk’s Idealistic Take on Cryptocurrency, Details Limits on Blockchain Scalability

<div class=”featured_image_container”> </div> <strong>Vitalik Buterin, one of the most renowned Ethereum founders, has rebuffed Elon Musk’s take on fixing cryptocurrencies in a new paper where he details the limits of blockchain scalability. Buterin touches on three subjects: storage, bandwidth, and computing power, commenting on their limits with today’s tech.</strong> Vitalik Buterin Criticizes Elon Musk’s Simplistic …

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Vitalik Buterin Donates $1B Worth of Shiba Inu Tokens to India’s Crypto Covid Relief Fund

<div class=”featured_image_container”> </div> <strong>On Wednesday, Ethereum’s Vitalik Buterin took control of his stack of Shiba Inu, a dogecoin ERC20 token, and donated more than 1 billion dollars worth of the currency to India’s Crypto Covid Relief Fund. The fund is an initiative that seeks to help people suffering from the covid-19 outbreak that India is …

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Shiba Inu Gets Listed in Binance and FTX After Price Skyrockets

<div class=”featured_image_container”> </div> <strong>Shiba Inu, an Ethereum based Dogecoin ripoff, has been listed in two important cryptocurrency exchanges today, Binance and FTX, after the price skyrocketed more than 1500% during last week. Binance has faced stiff criticism for listing Shiba Inu due to its origin, but their systems are now overwhelmed with inflows coming with …

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Dogecoin imitator Shiba Inu pumps 146% on Binance listing

Having emerged with the self-applied moniker of “Dogecoin Killer,” the latest cryptocurrency to succeed on laughs alone is making its way to Binance. Shiba Inu (SHIB) burst into CoinMarketCap’s top 20 rankings just two days ago, likely a response by traders to the hype surrounding Dogecoin (DOGE). Within 48 hours the SHIB token went from …

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Ethereum co-founder Vitalik Buterin becomes billionaire as Ether hits $3K

Vitalik Buterin, a co-founder of the world’s most popular smart contract platform, the Ethereum blockchain, has officially become a crypto billionaire. Buterin’s public Ether address that he described as his main wallet back in 2018, has hit $1 billion on its balance following Ether’s meteoric rise above a $3,000 price mark on Monday. At the …

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Vitalik Buterin and Balaji Srinivasan Donate to Indian Covid Relief Fund Despite Country’s Intentions to Ban Cryptos

<div class=”featured_image_container”> </div> <strong>The covid-19 crisis is worsening every day in India, as the country keeps hitting record daily numbers of cases and its death toll. The crypto community is starting to show solidarity with the country, as big players such as Ethereum co-founder and a well-known investor announced crypto donations to provide support.</strong> Buterin …

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Eth2 is neutral infrastructure for our financial future

We are in an unprecedented period of social, political and economic turmoil. As the decentralized financial infrastructure powering billions of dollars of value and building thousands of companies grows, we need to recognize instability around us. The systems, protocols and incentives we create now can be less susceptible to censorship, government overreach and misinformation. Ethereum …

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Ethereum’s Buterin Highlights Layer-Two Rollups as Potential Scaling Solution

<div class=”featured_image_container”> </div> <strong>As questions circle about the network’s capacities following surging transaction costs and accelerating activity in the decentralized finance (defi) arena, Ethereum’s founder Vitalik Buterin opines that layer-2 solutions could help the network scale by a factor of 100x in mere months to meet growing demand.</strong> Sidechain Bundling Touted as Workaround to Current …

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