Tag Archives: Vitalik Buterin

News has come about that the non-fungible token (NFT) marketplace has experienced a huge lapse in trading. So much, in fact, that it’s down roughly 97 percent from its all-time high recorded in January of this year. That means in just under ten months, the world of non-fungible tokens has practically become non-existent. The NFT Space Is Burning This cannot simply be attributed to the general collapse of the crypto market. It’s one thing to say BTC and ETH are suffering,...

Long before the Ethereum network’s transition to Proof-of-Stake (PoS), censorship concerns have been a bone of contention. To mitigate these risks, Vitalik Buterin has proposed “partial block auctions.” In the latest blog post, the Ethereum co-founder suggested that builders should have a more limited amount of power to prevent ETH censorship post Merge. Instead of letting them have full rein to construct the entire block if they win an auction, builders would have a more...

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The co-founder of Ethereum suggested that two other PoW blockchain protocols could transition to PoS in the near future. He also spoke about the Merge during the 2022 Mainnet blockchain event and gave a brief update about the next step in Ethereum’s development – the Surge. Ethereum made history on September 15, when it became the first large-scale blockchain protocol that successfully transitioned from proof of work to proof of stake. The ramifications of this significant...

Vitalik Buterin – the co-founder of popular cryptocurrency Ethereum, the second largest digital asset by market cap – has stated that as the beacon chain hard fork happened on September 6, all Ethereum-based clients need to ensure their systems are fully updated. Vitalik Buterin Is Warning Ethereum Users Ethereum has been talking about The Merge for months now. The move would move Ethereum from a proof of work (PoW) module to proof of stake (PoS). This would potentially...

Ethereum co-founder Vitalik Buterin published a lengthy blog post on Monday defending the usefulness of decentralized autonomous organizations (DAOs).  He outlined 3 reasons that DAOs have unique advantages compared to traditional corporations, and will not simply be outcompeted and obsoleted by the latter. Making Better Decisions A DAO is an emerging, blockchain-native, bottom-up governance structure without a centralizing hierarchy or CEO. Instead, the organization’s...

The excitement around the Ethereum Merge is tremendous for the PoS proponents and the community of the second-largest cryptocurrency. It also presents a very lucrative opportunity for fraudsters, who tried to take advantage even before the event. Ethereum foundation had earlier warned the community to be on high alert for scams trying to take advantage of users during this transition. But that has not stopped these malicious entities from hacking the official Twitter handle...

Ethereum co-founder Vitalik Buterin was recently interviewed on the state of the crypto markets, and the future of blockchain technology. He predicted that crypto market volatility will slow to that of gold and stocks in the medium-term – though he doesn’t know at what price.  The developer also spoke about proof of work, proof of stake, and the reluctance of Bitcoiners to embrace the latter.  Where Will Crypto Settle Down? In an interview with blogger Noah Smith, Vitalik...

Ethereum’s Übergang zu Proof-of-Stake - The Merge In wenigen Wochen findet das spannende Ethereum-Update, der sogenannte Ethereum Merge statt. Die alles entscheidende Frage ist nun, wie gehen die ganz grossen Bitcoin-Börsen mit diesem Update um? Kann man einfach die Coins halten und erhällt sein Guthaben in die neuen ETH umgewandelt? Oder werden die eigenen Coins zu einer Art Ethereum Core Token, wie dies schon mal der Fall war und man muss selber...

While Ripple execs claim that the company has been unfairly treated by the SEC, Ethereum frontman Vitalik Buterin hasn’t been exactly silent either. In a fresh jibe, the latter accused the former of throwing Ethereum under the bus as “China-controlled.” The latest feud also started with a discussion of new regulatory changes in Canada with Ontario-based crypto exchanges – Bitbuy and Newton – imposing a 30,000 CAD annual “buy limit” for “restricted coins” for their users to...