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Tag Archives: Vitalik Buterin

Crypto’s Comedy of Errors: 2 Out of 5 Richest Whales Stranded Without Access

Arkham’s latest data revealed that the top five identified crypto whales with publicly known wallet addresses collectively hold approximately $3.5 billion in digital assets. A few sit on a digital treasure trove but have no way to access it. Locked Out of Crypto Fortune This list features some of the most prominent names in the industry, with figures like TRON’s Justin Sun, LHV Bank’s Rain Lõhmus, Ethereum’s Vitalik Buterin, German-born programmer and former Ripple CTO Stefan...

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Vitalik Buterin Says Layer 3s Won’t Magically Increase Throughput

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”...

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Vitalik Buterin Doubles Down on Crucial Aspects for Ethereum’s Purge

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...

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Ethereum Founder Thinks Meme Coins Can Be More Than Fun, Simple Tokens

Vitalik Buterin, the co-founder of the Ethereum network, believes meme coins can become higher quality projects that contribute positively to the crypto ecosystem and the world around them, squashing the narrative that such tokens are useless, racist, and sexist. According to a new report titled “What Else Could Meme Coins Be?,” Buterin looks forward to seeing meme coin projects that support public goods instead of enriching insiders and creators. He urged creators to make...

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Vitalik Buterin: Meme Coins Need to Evolve via Fun Utility to Support Community and Not Only Enrich Creators

CoinspeakerVitalik Buterin: Meme Coins Need to Evolve via Fun Utility to Support Community and Not Only Enrich Creators The Ethereum co-founder has urged meme coins to build fun crypto games instead of relying on charity donations to improve utility. Vitalik Buterin: Meme Coins Need to Evolve via Fun Utility to Support Community and Not Only Enrich Creators

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Vitalik Explains Ethereum’s Next Steps After Dencun Upgrade

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...

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Ethereum’s Vitalik Buterin Challenges Hype: Metaverse Is Still Misunderstood

Metaverse has gained tremendous traction over the past couple of years, grabbing the attention of large companies across the world. But Ethereum co-founder, Vitalik Buterin, believes the concept of the Metaverse is still “poorly defined” and needs to have several elements to make it meaningful. Dissecting Metaverse During a Q&A session while speaking at the BUIDL Asia conference in Seoul, Buterin pointed out a common misconception in associating the Metaverse solely with...

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