Vitalik Buterin | ForkLog

ForkLog 16 12.06.2024

Vitalik Buterin Explores Everyday Applications for Cryptocurrencies

Discussing the potential of digital assets in daily life, Ethereum co-founder Vitalik Buterin suggested the use of zero-knowledge proofs (ZKP) and other blockchain technologies. * zk reputation/identity/credentials* p2p cross-border payments (much lower fees and quickly improving UX this cycle)* decentralized social* prediction markets (actually usable this cycle)* privacy* enterprise apps via zk validiums* zk + […]

AI translated

ForkLog 20 10.06.2024

Wintermute CEO Criticizes Buterin for Attempting to “Build Socialism”

The hypothetical collapse of Ethereum will not occur due to Solana’s higher TPS, but rather because of the duality in its leaders’ positions, according to Wintermute CEO Evgeny Gaevoy. If ETH fails in the future it wont be because “Solana is faster”, it will be because the eth “elite” is still stuck in a massive […]

AI translated

ForkLog 36 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 […]

AI translated

ForkLog 46 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 […]

AI translated

ForkLog 13 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 […]

AI translated

ForkLog 16 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 […]

AI translated

ForkLog 32 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 […]

AI translated

ForkLog 11 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 […]

AI translated

ForkLog 25 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 […]

AI translated

ForkLog 7 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. […]

AI translated

ForkLog 13 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 […]

AI translated

ForkLog 15 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 […]

AI translated

#Vitalik Buterin