Vitalik Buterin Cites Most Significant Challenge Facing Ethereum
Speaking at the Korea Blockchain Week, Vitalik Buterin, co-founder of Ethereum, cited node centralization as a substantial obstacle for the Ethereum network as most nodes are currently hosted on centralized web services such as Amazon. Buterin emphasized that, among the six issues Ethereum must address, node centralization stands out as the most significant. He stressed […]
Vitalik Buterin: Crypto Community Disrespected SBF from Start
Ethereum co-founder Vitalik Buterin says that Sam Bankman-Fried, the ex-CEO of the bankrupt exchange FTX, was not respected or trusted by many in crypto. Vitalik Buterin, the co-founder of Ethereum, has shared his views on Sam Bankman-Fried (SBF), the founder and former CEO of FTX, the cryptocurrency exchange that filed for bankruptcy in November 2022 […]
Ordinals Resore ‘Builder Culture’ on Bitcoin – Vitalik Buterin
According to Ethereum co-founder Vitalik Buterin, introducing Bitcoin Ordinals marks the “organic return of builder culture” to the network. Buterin made the remarks in a Twitter Space on July 7 in which he discussed at length with Bitcoin advocates Eric Wall and Udi Wertheimer what Ethereum developers could teach Bitcoin developers. Buterin lauded Ordinals and […]
Kakarot zkEVM: Run Ethereum Smart Contracts on Starknet
A new project backed by Vitalik Buterin will enable developers to run any EVM-compatible code on Starknet, a zero-knowledge layer-2 platform for Ethereum. Kakarot zkEVM is bringing Starknet, a roll-up platform for Ethereum, closer to fully becoming compatible with the Ethereum Virtual Machine (EVM). It is an EVM written in Cairo, a native language for […]
Buterin Warns of Consensus Mechanism Risks
Vitalik Buterin, co-founder of Ethereum, warned that using Ethereum’s proof-of-stake consensus mechanism for purposes other than network security could pose significant systemic risks and should be discouraged. Role of Consensus Mechanism The consensus mechanism is the process of validating blocks using the proof-of-stake mechanism implemented with “the Merge” in September 2022. This mechanism allows validators […]