Tag Archives: Vitalik Buterin

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Vitalik Buterin, the Ethereum co-founder, has announced new strategies to reduce the transaction confirmation times on the Ethereum network. Acknowledging the necessity for faster transaction speeds, he highlighted the need for latencies in the “hundreds of milliseconds or even less” for certain applications. New Strategies to Reduce Transaction Time In a June 30 blog post, Buterin highlighted Ethereum’s progress, noting the confirmation window is at 5-20 seconds, comparable...

CoinspeakerCrypto Community Voices Criticism over Rapper Waka Flocka Flame’s New Celebcoin FLOCKA adds to the growing list of celebrity-endorsed meme coins, a trend that has gained momentum in the past few weeks. Crypto Community Voices Criticism over Rapper Waka Flocka Flame’s New Celebcoin

Vitalik Buterin, the co-founder of the Ethereum network, has expressed his unhappiness about the celebrity meme coin experiments in this bull cycle. According to a tweet by the Canadian-Russian computer programmer, he would deem the meme coin projects more honorable and respectable if they had a public goal and were geared toward pushing specific causes in a better direction. Celebrity Meme Coin Craze Over the past few weeks, several celebrities, including Olympian and media...

Ethereum co-founder Vitalik Buterin donated 30 ETH, valued at around $113,000, to support the legal defense of Tornado Cash developers Alexey Pertsev and Roman Storm through the decentralized fundraising platform Juicebox. According to the on-chain data, the transaction from an address linked to Buterin, named vitalik.eth, was made at 1:58 am EST on May 30 to the “Free Alexey & Roman” legal fund on Juicebox, which had raised 595.82 ETH, worth approximately $2.2 million....

CoinspeakerVitalik Buterin Shares Big Take on ‘Multidimensional Gas Pricing’ Buterin identified some inherent challenges with this approach, especially as it has to do with efficiency losses. Vitalik Buterin Shares Big Take on ‘Multidimensional Gas Pricing’

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...

CoinspeakerEthereum Decentralization: Researcher Advocates for Anti-Correlation Penalties The concept of anti-correlation penalties, as described by Wahrstätter, is closely linked to the idea of countering the advantages of economies of scale. Ethereum Decentralization: Researcher Advocates for Anti-Correlation Penalties

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”...

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...