Vitalik Buterin | ForkLog

ForkLog 45 05.06.2024

Vitalik Buterin Criticizes Celebrity Experiments with Meme Coins

Ethereum co-founder Vitalik Buterin has expressed his lack of enthusiasm for celebrity-associated meme coins. He urged a focus on projects aimed at public good rather than enriching insiders. A quick summary of features that a celebrity crypto project needs to have for me to be more willing to respect it: 1. Have some kind of […]

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ForkLog 51 31.05.2024

Vitalik Buterin Reflects on Ethereum’s Technical Missteps

At the ETHBerlin conference, Ethereum co-founder Vitalik Buterin outlined five blockchain architectural decisions he would change if given the chance. This was reported by DL News. The developer noted that while the ecosystem is gaining popularity, it is still “misunderstood.” Vitalik Buterin at ETHBerlin. Source: DL News. “Bitcoin has a simple story—digital gold. But with […]

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ForkLog 14 30.05.2024

Vitalik Buterin Donates 30 ETH for Tornado Cash Developers’ Legal Defense

Ethereum co-founder Vitalik Buterin donated 30 ETH (~$111,000) to the legal defense fund for Tornado Cash developers Alexey Pertsev and Roman Storm. The fundraising initiative Free Alexey & Roman was launched in January on the decentralized platform Juicebox. The transaction was made from the address vitalik.eth, associated with Buterin. Source: Juicebox. At the time of […]

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ForkLog 18 24.05.2024

Vitalik Buterin Criticizes Jail Term for Tornado Cash Developer

The imprisonment of Tornado Cash developer Alexey Pertsev is undoubtedly an “unfortunate” and “very sad” situation, yet it might prompt governments to reconsider the role of cryptocurrency mixers. This was stated by Ethereum co-founder Vitalik Buterin during the DappCon conference in Berlin. According to him, creating software is an “absolutely legal and legitimate way to […]

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ForkLog 41 22.05.2024

Vitalik Buterin Proposes Zero-Knowledge Likes

Ethereum co-founder Vitalik Buterin has endorsed developer X Wang Haofei’s idea of confidential likes and suggested implementing the initiative on the social network Farcaster. Source: Warpcast. He expanded on this proposal by suggesting the use of zero-knowledge (ZK) proofs to combat “preference falsification.” “Preference falsification is a big problem in society, and we need to […]

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ForkLog 16 21.05.2024

Vitalik Buterin Advocates for Unified Interoperability Solution for L2 Networks

The ecosystem requires an open decentralized protocol for swiftly transferring assets between L2 networks, integrated into wallet interfaces by default, according to Ethereum co-founder Vitalik Buterin. We need an open decentralized (operator-free, governance-free) protocol for quickly moving assets from one L2 to another, and for that to be integrated into wallets’ default sending interface. Get […]

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ForkLog 30 20.05.2024

Vitalik Buterin Addresses Centralization Threats to Ethereum

Ethereum co-founder Vitalik Buterin has identified three primary challenges threatening the network’s decentralization: MEV, liquid staking, and the cost of running a full node. Grats @dankrad @peter_szilagyi you got me to interrupt my work on EIPs and make a twitter response that turned into an unscheduled poast ?https://t.co/mmVaiEV68K — vitalik.eth (@VitalikButerin) May 17, 2024 The […]

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ForkLog 13 14.05.2024

Vitalik Buterin Proposes New Gas Type for Ethereum Transactions

Ethereum co-founder Vitalik Buterin has released EIP-7706, introducing a new type of gas for certain transactions. The primary vectors are the functions max_basefee and Priority_fee, which calculate gas costs for execution operations, calldata, and BLOB. To implement these changes, amendments to EIP-1559 are necessary to apply the same calculation mechanism across all three transaction types. […]

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ForkLog 19 09.05.2024

Vitalik Buterin Explores ‘Multidimensional’ Gas Pricing for Ethereum

To address the limitations of the current fee system, Ethereum co-founder Vitalik Buterin proposed a ‘multidimensional’ gas pricing structure. He noted that the network currently employs a peer-to-peer model where all computational processes, including storage, data transfer, and encryption operations, are evaluated using a single metric—gas. Vitalik pointed out a significant drawback: this approach treats […]

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ForkLog 22 01.05.2024

Vitalik Buterin Unveils Details of New ZKP Model Binius

Ethereum co-founder Vitalik Buterin discussed the advantages of Binius, a new zero-knowledge proof (ZKP) system. The primary aim of this technology is to deliver a significant performance boost compared to traditional models like zk-SNARK. According to Buterin, Binius achieves greater efficiency by performing computations directly on individual binary bits—zeros and ones. In contrast, SNARK and […]

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ForkLog 17 28.04.2024

Vitalik Buterin: Proof-of-Work Was a Temporary Phase Before Ethereum’s Shift to Proof-of-Stake

Ethereum co-founder Vitalik Buterin stated on social media platform X that the Proof-of-Work (PoW) consensus algorithm was merely a temporary phase in the project’s transition to Proof-of-Stake (PoS). PoW was also quite centralized. It was just not talked about as much, because everyone knew it was only a temporary stage until PoS. And that doesn’t […]

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ForkLog 8 23.04.2024

Arkham Identifies Millions in ‘Forgotten’ Crypto Assets on Cross-Chain Bridges

Tokens worth millions of dollars remain unclaimed in contracts associated with cross-chain bridges, according to experts at Arkham Intelligence, reports The Block. Experts identified several such addresses belonging to major players in the DeFi and NFT sectors, including a presumed connection to Ethereum co-founder Vitalik Buterin. “There are dozens of accounts with six to seven-figure […]

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