Vitalik Buterin | ForkLog

ForkLog 11 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 6 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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ForkLog 18 16.04.2024

Buterin Addresses Use of Railgun Mixer

Journalist Colin Wu, who discovered transactions by Ethereum co-founder Vitalik Buterin through the Railgun mixer, noted that the tool is also used by North Korean hackers, the Lazarus Group. The service became an alternative for them following sanctions against Tornado Cash. Wu also referenced a January 2023 FBI statement indicating that assets worth over $60 […]

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ForkLog 24 15.04.2024

Vitalik Buterin Utilizes Railgun for 180 ETH Transfer

Ethereum co-founder Vitalik Buterin executed several transactions amounting to approximately 100 ETH (~$575,000) through the anonymizer Railgun. This was highlighted by journalist Colin Wu. Vitalik Buterin (vitalik.eth) transferred 100 ETH (approximately $325,000) to Railgun at 17:40 UTC+8 today. Railgun is a EVM privacy protocol that enables DeFi private transactions. Over the past six months, Vitalik […]

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ForkLog 20 10.04.2024

‘I am sure who hacked The DAO’: an interview with Laura Shin, host of Unchained

Laura Shin is an American journalist specialising in the crypto economy and host of the popular Unchained podcast. In 2021 she published The Cryptopians, about Ethereum’s early history, which is now available in Russian. ForkLog spoke with Laura about the lessons the community failed to learn from The DAO’s collapse, how Vitalik Buterin has changed […]

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ForkLog 9 02.04.2024

Vitalik Buterin Backs Critics of L3 Solutions

Ethereum co-founder Vitalik Buterin joined the debate on the value of third-layer solutions, referencing his post from a year and a half ago. Re-upping my post from 1.5 years ago on “layer 3s”:https://t.co/iHWEgPA7Hl The summary is that layer 3s don’t magically improve throughput even more, though they can reduce some fixed costs of batch publishing […]

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ForkLog 34 01.04.2024

Vitalik Buterin Unveils Details of Ethereum’s Next Update

Ethereum co-founder Vitalik Buterin has outlined the next phase of the blockchain’s roadmap, known as The Purge. This initiative aims to simplify the network’s structure and reduce the load on nodes. A quick note on next steps in Ethereum protocol simplification and node resource load decreases (aka “the Purge”):https://t.co/BAebCGrisB — vitalik.eth (@VitalikButerin) April 1, 2024 […]

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ForkLog 14 29.03.2024

Vitalik Buterin Proposes New Qualities for Memecoins

Ethereum co-founder Vitalik Buterin shared his thoughts on memecoins amidst their boom, expressing a desire to see “more good coins than bad ones.” What else could memecoins be?https://t.co/8ZVhwkVwLy — vitalik.eth (@VitalikButerin) March 29, 2024 In his view, there are three main reasons why people are interested in such assets: their value increases; they are open […]

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ForkLog 19 29.03.2024

Vitalik Buterin Outlines Ethereum’s Scaling Path Post-Dencun

Ethereum co-founder Vitalik Buterin has highlighted the need for internal network scaling and parallel processing of rollups to build on the success of the Dencun upgrade. Ethereum has blobs. Where do we go from here?https://t.co/P2cyf9sCwb — vitalik.eth (@VitalikButerin) March 28, 2024 The most significant upgrade since the migration to the PoS algorithm via The Merge […]

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ForkLog 12 27.03.2024

Vitalik Buterin Explores the Benefits of Account Abstraction

Account abstraction encompasses additional features that enhance security and convenience, which are yet to be activated, according to Ethereum co-founder Vitalik Buterin, as reported by The Block. Security objectives specifically include providing users with the ability to change and revoke private keys, as well as more efficient account recovery methods. Convenience goals, in turn, include […]

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ForkLog 39 22.03.2024

Vitalik Buterin: The Next Five Years Are Crucial for Ethereum

The next five years are of “crucial importance” for the widespread adoption of Ethereum and its acceptance in the “real world,” according to Vitalik Buterin. He noted that in recent years, stablecoins have become the primary use case for cryptocurrencies, as they facilitate seamless cross-border payments and offer protection against inflation for users in countries […]

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ForkLog 16 21.03.2024

Vitalik Buterin Advocates for Decentralizing Ethereum Staking

Ethereum co-founder Vitalik Buterin, during a conference in Taiwan, stated that centralization has become a primary issue for the network’s PoS mechanism, particularly concerning staking services. According to him, Lido, Coinbase, and Binance have acquired an “excessive market share.” Data: Dune. The amount of cryptocurrency locked in the leading liquid staking platform is 9.8 million […]

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