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Tag Archives: Vitalik Buterin

The SHIB Vitalik Buterin Burned in May Would Now Be Worth Almost $28 Billion

In May, Ethereum’s Co-Founder – Vitalik Buterin – burned 410,24 trillion Shiba Inu tokens which would now be equivalent to $27.8 billion. Additionally, he donated 50 trillion SHIB ($3.4 billion calculated at today’s prices) to India, struggling with the COVID-19 infection by that time. Five Months Difference Dogecoin’s success since the beginning of 2021 has led to the rise of many copycats that aimed to steal from its public attention. Arguably the most popular one is Shiba...

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Layer 2 Solutions Are The Future of Ethereum Scaling, Says Vitalik Buterin

Ethereum’s scaling hurdles have been at the center of technical discussions among DeFi aficionados and ETH proponents for quite some time now. Today, during the annual Shanghai Blockchain Week conference, Vitalik Buterin shared some thoughts on the matter. Vitalik Buterin, in his opening remarks during this year’s edition of the Shanghai Blockchain Week in China, talked about the future of Ethereum scaling. Reportedly, he believes that the only safe way to scale Ethereu while...

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Vitalik Buterin Isn’t Crazy About Bukele’s BTC Agenda

El Salvador was one of the first countries to declare bitcoin legal tender. Quite a few people were happy about it and felt that this would potentially put the country on the map. However, some – like Vitalik Buterin – are angry that so many analysts, traders and general crypto fans continue to encourage president Nayib Bukele in his push to make bitcoin more than what it’s allegedly supposed to be. Vitalik Buterin: Bukele Is Making a Mistake Buterin is the co-creator of...

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Vitalik Buterin kritisiert El Salvadors Bitcoin Gesetz

Nicht jeder sieht das Bitcoin Gesetz in El Salvador positiv. Im Land selbst gab es viele Proteste gegen Präsident Bukeles Bestrebung aus dem Inselstaat das erste echte Crypto-Land zu machen. Das Hauptargument gegen das Bitcoin Gesetz bringt Ethereums Vitalik Buterin auf den Punkt. Bitcoin Gesetz: Vitalik Buterin kritisiert El Salvadors Bitcoin GesetzIn einem Reddit Post wird Buterin zitiert:Nothing unpopular about this opinion. Making it mandatory for businesses to accept a specific...

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Vitalik Buterin Criticizes El Salvador President’s Mandatory Bitcoin Adoption Policy

Ethereum co-founder Vitalik Buterin spoke out against President Nayib Bukele’s compulsory bitcoin usage for merchants and businesses, saying it was against cryptocurrency’s “ideals of freedom.” Buterin commented in response to a Reddit article titled “Unpopular opinion: El Salvador President Mr. Nayab (Nayib)  Bukele should not be praised by Crypto community.” The Ethereum co-founder did not fail to call out “Bitcoin Maximalists,” whom he believed praised the El Salvadoran...

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Vitalik Buterin’s AMA Highlights: PoS Dogecoin, NFTs and Why He’s Wearing a Mask Despite COVID19?

Vitalik Buterin decided to run “a random Twitter experiment” yesterday in the form of an Ask Me Anything post. Twitter users, which the co-founder of Ethereum had either followed or mentioned, were permitted to comment with any question they had for the young Ethereum co-founder, on subjects personal, political, philosophical, economic, or simply trollish in nature. Though only a tiny fraction of Twitter was given a chance to speak with him (only his 300 followers), those who...

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Vitalik Buterin Tells How Jack Dorsey’s TBD Might Build the Bitcoin DEX

The success of DeFi (decentralized finance) blockchain apps has not escaped the notice of Square Payments (NYSE: SQ) CEO Jack Dorsey. The engineer, businessman, and BTC advocate recently announced that his blockchain project, TBD, will enter the space by creating a Bitcoin DEX. Vitalik Buterin “Skeptical” About Bitcoin DEX In a recent interview, Ethereum co-founder Vitalik Buterin told Bloomberg Technology he wasn’t very impressed with the new endeavor. Buterin thinks it...

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Cashing Out Buterin’s $1B SHIB Donation Isn’t Easy, Says COVID-Crypto Fund’s Creator

It’s been two months since Ethereum’s co-founder Vitalik Buterin shocked the entire crypto community with his $1 billion Shibu Inu (SHIB) donation to the COVID-Crypto Fund in India. However, cashing this in revealed to be troublesome, according to the fund’s creator. Only $20M Have Been Disbursed But to date, only an infinitesimal portion of the tokens have been distributed, according to Sandeep Nailwal, Polygon’s co-founder and the creator of the Fund that received the...

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Vitalik Buterin Responds to Elon Musk on Why His Intention to Scale Crypto 10x Is Flawed

Ethereum (ETH) Co-founder Vitalik Buterin had some words for Elon Musk after posting on Twitter that Dogecoin could increase its block size by 900%. Vitalik had several counterarguments for Musk’s claims in a paper published on his personal blog. He emphasised that scalability and higher throughput can be achieved by simply increasing the network’s parameters. However, this could compromise the system to extreme centralisation and completely flip a blockchain’s original...

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Ethereum Co-Founder Vitalik Buterin Burns $6.7 Billion in Shiba Inu (SHIB) Tokens

Vitalik Buterin, who was gifted half of Shiba Inu’s total supply, has burned 90% of his holdings worth nearly $7 billion. The Ethereum co-founder further said he would allocate the remaining 10% to charitable organizations while also praising the “dog token community” for its generosity. Buterin Burns $6.7B in Shiba Inu The Dogecoin rise to the top led to the creation of numerous copycats that garnered significant attention in the past several weeks. Perhaps none became more...

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