Vitalik Buterin

Why User Experience Is Crypto’s True ‘Killer App’

</header> <strong>There’s been a lot of buzz in the space recently about the importance of user experience. Kim Dotcom’s proclamation that “Mass utility is going to lead to mass adoption,” speaks to this. Peter Schiff’s bitcoin wallet fiasco, CZ’s claim that centralized exchanges are safer than private wallets, and promises of a still undependable Lightning …

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Ethereum Proponent Virgil Griffith Deemed a Flight Risk, Judge Denies Bail

</header> <strong>U.S. law enforcement filed in November criminal charges against Ethereum researcher Virgil Griffith because he traveled to North Korea and taught “his audience how to use blockchain technology.” Griffith was arrested on Thanksgiving Day and has been forced to remain in prison the whole time. On Dec. 26, SDNY Magistrate Judge Barbara Moses refused …

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Ethereum: Fears Vitalik Buterin Selling 90K ETH as $25M Hits Exchanges

Ethereum (ETH) co-founder Vitalik Buterin became the center of attention on Christmas Day amid fears he plans to sell $25 million of the cryptocurrency. Records from monitoring resource Etherscan showed a total of 92,000 ETH (currently worth $11.5 million) move from a single wallet to U.S. exchange Kraken on Dec. 25. Funds’ source “likely whale …

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Buterin Wants to Speed Up Ethereum 2.0 Transition With ETH1-Friendly Validators

Ethereum co-founder Vitalik Buterin has recently published an alternative proposal for an early transition to Ethereum 2.0. In a Dec. 23 post on the ETH Research forum, Buterin has set out an “accelerated schedule” for the transition from Ethereum 1.0 to Ethereum 2.0 through a new type of ETH validator referred to as “eth1-friendly validators.” …

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Buterin: Binance DEX Should Be Criticized for Centralization, Not ETH

Binance’s decentralized exchange is a better target for criticism over being centralized than Ethereum, Vitalik Buterin believes. In a recent Twitter discussion, Ethereum co-founder Buterin triggered a wave of argument over decentralization in the crypto industry, particularly Binance DEX as well as Ethereum itself. Criticizing Ethereum for being centralized is bad, Vitalik says The discussion …

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A Product Development Team Just Made ETH Block Production Twice As Fast

Blockchain advisory and product development firm Akomba Labs conducted a test on the Ethereum network that shows it can make block propagation at least twice as fast. Coindesk reported on Nov. 27 that Akomba Labs — in collaboration with the scalability-focused blockchain startup BloXroute — ran a two-week test measuring the results of running BloXroute’s …

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BitTorrent Creator Calls Vitalik’s ASIC-Resistant Proof-of-Work ‘A Pipe Dream And a Bad Idea’

Bran Cohen, best known as author of the peer-to-peer (P2P) BitTorrent protocol, has responded to some of Vitalik Buterin’s opinions about the state of technology around cryptocurrencies. On Nov. 25, Cohen, also the current CEO of the Chia network, explained in a Twitter thread why he considers many of Vitalik’s opinions in his Nov. 22 …

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5 Takeaways on Ethereum 2.0 From Vitalik’s ‘Beast Mode’ Blog Posts

The Takeaway: Moving ETH from the Ethereum 2.0 blockchain to the old ethereum blockchain may be possible in the early months (or years) after launch, new research suggests. Due to changes in data storage structure, recalling data to applications will become more expensive on the new network. Ethereum will soon lose the ability to execute …

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Meet the Russian Oligarch Launching a Metal-Backed Crypto Token

The Takeaway Norilsk Nickel, a Russia-based metal company, is launching a palladium-backed token and an exchange for tokenized commodities. CEO Vladimir Potanin, one of the richest industrialists in Russia, told CoinDesk about the project in an exclusive interview. The token is based on Hyperledger Fabric and developed with the support of IBM, Potanin says. Norilsk …

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Bitcoin History Part 18: The First Bitcoin Wallet

</header> <strong>Bitcoin users today are blessed with a panoply of feature-rich software and hardware wallets. When Bitcoin launched, however, there were no wallets. It took Satoshi Nakamoto to engineer the first desktop client, and his creation proved surprisingly resilient, serving the community faithfully for years.</strong> Also read: Bitcoin History Part 17: That Time Mt. Gox …

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