Vitalik Buterin | Crypto

Even with layer-2 networks growing in use, Ethereum co-founder Vitalik Buterin said that the layer-1 should scale substantially—and soon.

Ethereum co-founder Vitalik Buterin has raised concerns about the risks of centralized digital payment systems, pointing to Sweden’s shift away from its cashless agenda. The post Vitalik Buterin: Ethereum Can Be a Financial Lifeline Amid Cashless Concerns appeared first on Cryptonews.

Ethereum co-founder Vitalik Buterin acknowledged a major breakthrough in zero-knowledge (ZK) technology this week, calling recent developments in real-time proving a “truly amazing” step forward. Buterin’s comments came in response to a post from developer Uma Roy, who announced that her team had achieved real-time Ethereum proving, an accomplishment many in the cryptography community had […] The post Vitalik Buterin praises real-time ZK proving milestone, but urges caution appeared first on CryptoSlate.

Vitalik Buterin backs RISC-V, an open-source chip architecture, to future-proof smart contracts with greater decentralization, lower costs and long-term hardware independence. RISC-V, pronounced “risk five,” is a modern open-source instruction set architecture (ISA) based on reduced instruction set computer (RISC) principles. In simple terms, it’s like a blueprint that defines a set of instructions that a processor can execute. RISC-V is designed to be highly modular, efficient and flexible. Originally developed by the University of California in 2010, the open-source framework gives developers the flexibility to tailor its functionality and use cases, plus offers cost savings compared to proprietary ISAs like ARM or x86. This offers a wide range of uses, from supercomputers to smartphones and now blockchains like Ethereum. Read more

Ethereum co-founder Vitalik Buterin believes that the blockchain’s long-term resilience and scalability hinge on making it simple, like Bitcoin. In a blog post on May 3, he described how “Ethereum 5 years from now can become close to as simple as Bitcoin.” Buterin wrote: “One of the best things about Bitcoin is how beautifully simple […] The post Vitalik Buterin wants to make Ethereum ‘as simple as Bitcoin’ by 2030 appeared first on CryptoSlate.