Vitalik Buterin | Crypto

Vitalik Buterin's presentation at the EthCC event comes amid an inflection point for the crypto industry as it attempts to reconcile growth and the Cypherpunk ethos. Ethereum co-founder Vitalik Buterin delivered a keynote speech at EthCC on Wednesday, asking blockchain developers to focus on freeing humanity through their inventions rather than building more technically advanced tools. Buterin compared the individual liberty ethos of the early internet in the 1990s to the current ethos in blockchain, noting that the free and open internet championed by early digital rights advocate John Perry Barlow was lost in the Web2 era. The Ethereum co-founder characterized Web2 as a collection of "walled gardens," warning the audience that many of the Web2 founders, which have since become known for censorship policies, framed themselves as freedom advocates in the early days. Buterin cautioned Web3 founders not to fall into the same trap: Read more

Ethereum co-founder Vitalik Buterin believes that one-per-person digital ID systems, despite using zero-knowledge proofs (ZK proofs), carry risks to privacy. ZK proof wrapped IDs offered by World ID (formerly Worldcoin) using biometric data and ZK proofs have been gaining traction, recently crossing 10 million users. Therefore, in his blog on Saturday, Buterin suggested ‘pluralistic identity’ […] The post Vitalik Buterin says pluralistic ZK digital IDs are the ‘best realistic solution’ to preserve privacy appeared first on CryptoSlate.

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.