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Vitalik Buterin: all cryptocurrencies should switch to PoS

Vitalik Buterin Vitalik Buterin - creator of ETH

Ethereum co-founder Vitalik Buterin took part in the Mainnet 2022 conference. He noted that the transition to the Proof-of-Stake (PoS) algorithm will be useful for any cryptocurrency on Proof-of-Work (PoW). Buterin noted that the concept of Bitcoin led him to the cryptocurrency industry. He fell in love with this technology, so Ethereum was built on the PoW algorithm. However, later the developers of the second cryptocurrency realized the benefits of switching to PoS.

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Vitalik Buterin Sent 700 ETH to War-Stricken Ukraine As Crypto Donation

VITALIK-BUTERIN-SENT-700-ETH Vitalik Buterin | ​Ethereum co-founder

Ethereum co-founder Vitalik Buterin donated 700 Ether coins to Ukraine, which has been at war with Russia since February 24. The Aid For Ukraine, an initiative of the crypto community that collects and tracks donations during the war, revealed this development, otherwise Buterin remained silent about his gesture.  Currently, 700 ETH is almost ...

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Time magazine included Vitalik Buterin in the list of the most influential people of 2021

Time-Buterin-influential-people-of-2021 Vitalik Buterin | Ethereum co-founder

The American Time magazine has named Ethereum co-founder Vitalik Buterin as one of the 100 Most Influential People in Innovation of 2021. Along with Buterin, Time's innovators include Nvidia CEO Jensen Huang and Tesla and SpaceX CEO Elon Musk. 

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Vitalik Buterin proposed creating a “real” DEX for exchanging ETH for BTC

Vitalik-Buterin-proposed-creating-a-real-DEX Vitalik Buterin | Ethereum co-founder

Ethereum co-founder Vitalik Buterin called for the development of a "right" decentralized exchange for exchanging Ethereum for Bitcoin and gateways for other cryptocurrencies.

In his opinion, the fact that the two largest cryptocurrency ecosystems do not have a direct way to exchange their coins is quite "discouraging".

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Vitalik Buterin commented on the mass delisting of Bitcoin SV

Vitalik-Buterin-commented-delisting-of-Bitcoin-SV Vitalik Buterin | Developer of ETHEREUM

The founder of Ethereum, Vitalik Buterin, supported Bitcoin SV delisting occurring on several exchanges.

Vitalik replied to a Twitter user post with the nickname @Nic__Carter, who wrote:

"If fraud from the chief promoters is sufficient reason for a delisting from Binance... almost everything should be delisted"

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Vitalik Buterin: “Ethereum will solve the problem of limited Bitcoin functionality”

Ethereum-will-solve-the-problem-of-limited-Bitcoin-functionality Vitalik Buterin | Co-founder of Ethereum

Co-founder of Ethereum Vitalik Buterin said that when creating his project, he planned to solve the problem of the limited functionality of the first cryptocurrency.

In his interview, Buterin compared Bitcoin with a push-button calculator, which does only one thing, but does it well. However, Ethereum, in his opinion, is more like a smartphone that can run many different applications, including a calculator.

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Vitalik Buterin: zk-SNARK will allow to scale Ethereum up to 500 transactions per second

ICO-NEWS-scale-Ethereum-up-to-500-transactions-per-second Vitalik Buterin | Ethereum

The cryptographic principles underlying the zk-SNARK (ZCash-proof technology of zero-disclosure in the crypto currency) can greatly help with the scaling of the Ethereum network, Vitalik Buterin said during a scientific forum.

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Bitcoin crash after the Quantum Computer invention


A physicist from Toronto, Alex Beath shared with Fortune his assumptions about the safety of Bitcoin and its connection with quantum computers. The scientist believes that if you previously talked about quantum computers hypothetically, then after connecting to the IT giants race, you can start applying them in practice in the near future. In the first place, cryptocurrencies will be under threat, but it will be the sign that the quantum computer is really exists.

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Vitalik Buterin co-authored a new protocol for interactive ICO


A new White Paper has been published with a detailed description explaining the potential transformation of the protocol for the initial sale of coins (ICO). The draft protocol, whose aspiration to create a "balance" between closed and untested sales of tokens, is represented by the joint efforts of the founder of the Ethereum Vitalik Buterin and the developer Jason Teutsch, who is the creator of the project to scale up the TrueBit smart contracts.

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Vitalik Buterin presented an updated Roadmap of the Ethereum


"The killer of the Ethereum is the Ethereum itself; the Chinese Ethereum, this is also the Ethereum, and the Taiwanese Ethereum is the Ethereum ... 2.0. » With these words, Vitalik Buterin opened his speech at the BeyondBlock conference in Taipei. His theme is a plan to increase the network's performance to the scale of Visa and Mastercard for the next 3 to 5 years. According to him, the Ethereum faces three main tasks: privacy, reliability and scalability.

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Raiden platform's tokensale raised $ 32 million


The tokensale of the platform of the payment channels of the Etherium Raiden, launched on October 18 and organized on the principle of the Dutch auction, ended November 1 at a rather moderate amount of 109 532 ETH (about $ 32.75 million). Of course, such an amount seems to be moderate only by the standards of 2017 - especially if we recall that in August 2014 only 31,500 BTC was collected at the Ethereum ICO itself, or about $ 18.4 million at the exchange rate for that period.

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Vitalik Buterin predicted the onset of the era of "tokens 2.0"


Vitalik Buterin, the founder of the Ethereum, does not particularly believe in most ERC20-based tokens. In fact, he believes that almost all of them will disappear and sooner rather than later. But in general, Buterin is confident that the crypto currency is a bright future, as investors and developers are learning on "tokens 1.0". "This, in fact, tokens 1.0". Speaking at ETHWaterloo, the 23-year-old founder of the Ethereum reminded everyone that 90% of startups fail. Similar can be said about the tokens of the ERC20 standard. According to Buterin, 90% of the coins, which are now listed on CoinMarketCap, will soon depreciate.

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