Ethereum’s Vitalik Buterin describes the network as the “world computer” to highlight its significant evolution to hosting a variety of applications. Vitalik also responds to a recent “attack” on the Ethereum Layer 2 and assures that they are working towards a “better future.” Ethereum (ETH) co-founder Vitalik Buterin has hinted at potential upgrades to completely…
The Ethereum Foundation sold 100 ETH for DAI, marking its first ETH sale since releasing its annual report. The sale is part of the foundation’s strategy to fund public projects and maintain its financial reserves. Today, the Ethereum Foundation made another significant move in its ongoing strategy to fund public projects and maintain reserves. For…
The Ethereum Foundation – a non-profit entity that supports the second-largest blockchain – sold 100 ETH for 334,315.7 DAI on November 12th. The sale represents the foundation’s first ETH transaction since releasing its 2024 report last week. Ethereum Foundation’s ETH Sales According to the popular blockchain analytics platform ‘Spot On Chain,’ in 2024 alone, the…
Vitalik Buterin highlights prediction markets as part of the larger “information finance” concept. Buterin says that information finance can address trust issues in politics, science, and business by aggregating collective insights. Ethereum co-founder Vitalik Buterin is expanding the views of prediction markets in his latest article, “From Prediction Markets to Info Finance.” In it, he…
Ethereum’s (ETH) co-founder Vitalik Buterin recently transferred 2.09 million Starknet (STRK) tokens, worth $799,000, to Binance. After holding these tokens for several months, Buterin failed to capitalize on this token’s increase in value, where the initial $1.51 million value dropped to $714,000. This large deposit has left many wondering where the money will go, and…
Shiba Inu team wants more recognition from Vitalik Buterin. The Ethereum co-founder has set a major standard for memecoins in general Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu ecosystem, seeks to showcase SHIB’s potential to Ethereum’s co-founder, Vitalik Buterin. Kusama’s request is in reaction to Buterin’s comment regarding Dogecoin (DOGE). Vitalik Buterin…
October 31, 2024 at 04:15 AM GST updated: October 31, 2024 at 02:16 AM 3 mins read News Ethereum’s Layer-2 networks face usability challenges, limiting accessibility for newcomers and complicating transactions across chains. Vitalik Buterin proposes standardized addresses, cross-chain swaps, and gas payments to improve Layer-2 usability on Ethereum. ERC-3668 (CCIP-read) and keystore wallets are…
On Tuesday, Ethereum founder Vitalik Buterin made a significant contribution of 400 ETH, valued at over $1 million, to four Ukrainian humanitarian non-profits. This donation was facilitated by swapping ETH from meme coins, showcasing the potential of cryptocurrency for philanthropic efforts. Among the recipients is the UHF Fund, a non-governmental organization that provides grants to…
Ethereum founder Vitalik Buterin has unveiled his ambitious roadmap titled “The Splurge,” which aims to enhance the Ethereum Virtual Machine (EVM) and bring it to a stable and performant “endgame state.” The initiative focuses on several key goals, including the integration of account abstraction to improve user experience, optimizing transaction fee economics, and exploring advanced…
The Ethereum Foundation, a non-profit that supports the second-largest blockchain, has been scrutinized lately, with community members questioning why it sells rather than stakes its ether (ETH) holdings. Now, blockchain co-founder Vitalik Buterin has responded, providing detailed insights into why the organization chose to sell. Commitment to Ethereum Development It all started with an October…
Ethereum co-founder Vitalik Buterin has addressed community concerns regarding the Ethereum Foundation’s decision to sell rather than stake ETH. The conversation began when a user tweeted, “Just stop dumping and we’ll be alright, bro.” This prompted an immediate response from Ethereum co-founder Vitalik Buterin. Vitalik Says He Hasn’t Sold a Single ETH in Past Month…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Georgios Konstantopoulos of Paradigm has spurred Ethereum (ETH) co-founder Vitalik Buterin to discuss the philosophy behind the altcoin. It all started with a suggestion from the internet sensation, who noted that developers in the crypto space are not fully leveraging blockchain’s potential. As a result, he suggested that some…
Vitalik Buterin, one of the main architects behind today’s Ethereum design, took to social media to reject common criticism of the Ethereum Foundation. Buterin, not known for this kind of action, called on critics to “show some respect.” Vitalin Buterin Calls Ethereum Foundation Critic to Respect Its Action Vitalik Buterin, co-founder of Ethereum and the…
Vitalik Buterin, co-founder of Ethereum (ETH), recently shared some insights on “The Purge,” one of the project’s enhancement plans. He highlighted how it would solve the challenges of complexity and bloat on the network. This marks the fifth part of the “Possible futures of the Ethereum protocol” series, which he began a few weeks ago….
Ethereum advances with Layer 2 scalability solutions, enhancing speed and lowering costs. Proof of Stake significantly cuts Ethereum’s environmental impact. Vitalik Buterin, co-founder of Ethereum, recently shared his insights on the protocol’s future, detailing improvements aimed at scalability, security, and user empowerment. This roadmap highlights shifts essential to Ethereum’s continued growth and its decentralized nature….
After facing backlash for comments suggesting that regulated entities like BlackRock and Fidelity are safer options for holding Bitcoin, MicroStrategy founder Michael Saylor clarified his stance on self-custody. In a tweet, Saylor expressed his support for individuals who choose to self-custody their Bitcoin, while also advocating for the right of everyone to make their own…
Michael Saylor has backed away from his anti-self-custody stance amid fierce crypto community pushback. After first calling self-custody supporters “paranoid crypto-anarchists” and pushing for big bank custody of Bitcoin, Saylor faced direct criticism from major crypto figures. His comments about trusting “too big to fail” banks with BTC sparked immediate outrage. I support self-custody for…
Ethereum co-founder Vitalik Buterin revealed his plans for interims such as ‘The Verge,’ which would improve Ethereum’s Proof of Stake (PoS) system. This update aimed to make Ethereum node verification more accessible and fast for users. To address data storage, Buterin looks to expand participation in the blockchain network. Many users need help to run a thoroughly verifying node…
Vitalik says a structured governance model is needed for secure upgrades. Decentralization remains crucial, but user participation in governance is low. Vitalik Buterin’s latest piece, “Possible Futures for the Ethereum Protocol, Part 4: The Verge,” delves into critical aspects of Ethereum’s future, focusing on scalability, security, and the need for robust governance mechanisms. Buterin emphasizes…
Ethereum co-founder Vitalik Buterin has added his voice to the chorus of condemnation facing MicroStrategy co-founder Michael Saylor following the latter’s comments advocating for institutional Bitcoin (BTC) custody. Buterin’s critique came after Saylor suggested in a recent interview that large institutions holding Bitcoin can reduce the chances of asset seizure, which lawless crypto holders could…
Ethereum co-founder Vitalik Buterin has laid out further plans to improve the blockchain’s Proof-of-Stake (PoS) system through a new upgrade called “The Verge.” In a blog post published on Oct. 23, Buterin explained that while running an Ethereum node is technically possible on a standard laptop, the current system’s data requirements make it impractical for…
October 23, 2024 at 11:50 AM GST updated: October 23, 2024 at 11:47 AM 2 mins read News Michael Saylor’s shift to support institutional Bitcoin custody sparks strong criticism from the community. Simon Dixon and Vitalik Buterin criticize Saylor, suggesting his stance benefits big financial institutions. Saylor’s call for institutional Bitcoin custody contradicts his past…
In a recent interview, Bitcoin cheerleader Michael Saylor shocked many by dismissing concerns about Bitcoin custody, but David isn’t surprised by his statements. Saylor’s Recent Controversial Statements Are Consistent With His Past Statements Michael Saylor is known for being an ardent Bitcoin maximalist. He advocates heavily for Bitcoin, while usually bashing over cryptocurrencies, arguing that…
Ethereum co-founder Vitalik Buterin has shared insights into Ethereum’s next upgrade on its technical roadmap – The Scourge. It aims to fix issues involving centralization concerns in Ethereum’s staking and block production. Buterin has proposed several fixes to these shortcomings the layer-1 blockchain faces. Ethereum’s Scourge to Reduce PoS Centralization Following Ethereum’s Merge upgrade in…
Vitalik Buterin warns that large stakers dominating Ethereum pose risks of centralization and transaction censorship. Proposed solutions include staking caps and inclusion lists to maintain Ethereum’s decentralization and prevent value extraction. In October, two entities, Beaver and Titan, were responsible for creating nearly 90% of Ethereum’s blocks, sparking concerns about centralization within the network. Ethereum…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Ethereum co-founder Vitalik Buterin has released the third part of his article, “Possible futures of the Ethereum protocol, part 3: The Scourge.” In this document, the crypto boss starts by pointing out that proof-of-stake centralization due to economic pressures is one of the biggest risks of Ethereum Layer-1. The…
Ethereum (ETH) co-creator Vitalik Buterin aims to scale Ethereum to over 100,000 transactions per second (TPS). This target is part of a long-term strategy focusing on improving both Layer 1 and Layer 2 networks. Buterin outlined these objectives in a recent blog post, emphasizing the need for robust scalability while maintaining decentralization and security. Vitalik…
Vitalik Buterin, the co-founder of the Ethereum network, has outlined several objectives paramount to the future development of the blockchain. These goals are tailored to improve The Surge, the second phase of Ethereum’s developmental roadmap, which aims at scaling the network using rollups. According to a blog post, Buterin’s solutions aim to fix the blockchain…
Ethereum (ETH) has a blockchain platform that’s recognized instantly because of its smart contract capabilities. This well-known blockchain is on the brink of a major upgrade. We’re excited to hear this! Vitalik Buterin recently wrote his thoughts on ETG in the ‘The Surge’. Interesting, right? It might not sound so, but it sure is! This…
Ethereum co-founder Vitalik Buterin has shared his thoughts on the future of the blockchain, highlighting key improvements aimed at making the network faster, more secure, and accessible to more users. He said that while 2022’s transition from proof-of-work (PoW) to proof-of-stake (PoS) has been largely successful, some areas of the network still needed improvement. Faster…
Ethereum co-founder Vitalik Buterin recently shared his insight into the protocol’s “the Merge” mechanism. His insight clarifies how the blockchain plans to achieve better functionalities moving forward Vitalik Buterin’s proposition aims to improve Ethereum’s Proof-of-Stake system despite its stability over the past two years. It will also enhance the chain’s overall performance. Improving Staking and Achieving Single-Slot…
This change will help in enhancing the user experience of layer-1 as well as based rollups. The demand for improvement to maintain an overall balance is highly focused by the co-founder. As of now, it takes 15 minutes to finalize which will be further reduced to 12 seconds only. It would further be reduced to…
Ethereum co-founder Vitalik Buterin sold 651.6 ETH worth of meme coins, which is approximately $1.62 million, in line with his commitment to charitable donations. The tokens sold include significant amounts such as 10 billion MOODENG for 395.95 ETH ($982K), 200K MSTR for 93.23 ETH ($231K), and 500 million EBULL for 73.79 ETH ($183K), as per…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Ethereum co-creator Vitalik Buterin has converted another $1.6 million worth of memecoins into Ether, furthering his pledge to donate the proceeds to charitable causes. Among the coins offloaded were $982,800 worth of Moo Deng (MOODENG), $231,000 of Monsterra (MSTR), and $183,000 from Ethereum Is Good (EBULL), according to blockchain…
Recently, Ethereum co-creator Vitalik Buterin dumped $1.6 million in memecoins to Ether and donated them to charity. Tokens that were part of this latest sale include Moo Deng (MOODENG), which sold for $982,800 among others. It also had coins like Monsterra (MSTR), which sold for $231,000 and Ethereum Is Good (EBULL), which sold for $183,000. This sale…
Ethereum co-founder Vitalik Buterin recently outlined ways to improve the blockchain’s proof-of-stake (PoS) system despite its existing strengths in decentralization and stability. In a post on Oct. 14, Buterin discussed potential upgrades that could enhance transaction speeds, boost security, and make staking more accessible for solo participants. Enhancing Ethereum performance One of Buterin’s primary goals…
Vitalik Buterin sold six memecoins, including POPCAT, converting them into 257.11 ETH Vitalik Buterin has consistently sold airdropped memecoins and redirected the proceeds to charitable initiatives. Recently selling six memecoins, Ethereum co-founder Vitalik Buterin acquired 257.11 ETH, roughly worth $633,000. According to SpotOnChain, the memecoins he sold were 330,000 MSTR for 114 ETH, worth $281,000;…
Amid the launch of Unichain, there are speculations that Vitalik Buterin, the founder of Ethereum, is not a fan. Stake With Pride on X has dug out an old post by the Ethereum co-founder in which he criticized the idea behind Unichain. Buterin claimed that Uniswap’s value proposition is easy trading, so a rollup from…
October 14, 2024 at 01:30 AM GST updated: October 13, 2024 at 10:00 PM 2 mins read News Vitalik Buterin sold several meme coins, earning 257.1 ETH ($636,000), aligning with his policy on unsolicited tokens. Buterin’s recognition of meme coins like EBULL and MOODENG raised concerns about promoting risky, non-transparent crypto projects. Crypto figures warn…
This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, author Gaz critiques Vitalik Buterin’s recent actions, while explaining the advancements in Ethereum scaling solutions like roll-ups, particularly focusing on “based roll-ups.” From Token…
Renowned economists recommend Ethereum co-founder Vitalik Buterin for a prestigious economics award for his contribution to the field. The economists likened Ethereum’s transition from Proof-of-Work (PoW) to the Proof-of-Stake (PoS) consensus algorithm to changing car tires while driving. During the October 8 episode of the Marginal Revolution podcast, economists Tyler Cowen and Alex Tabarrok made…
October 8, 2024 at 07:28 PM GST updated: October 8, 2024 at 05:31 PM 2 mins read News Vitalik Buterin sold 10 billion MOODENG tokens, donating 260.15 ETH ($640K) to Kanro for pandemic solutions, causing a 20% price drop. Vitalik encourages memecoin communities to form DAOs, using donations for charitable causes, like anti-airborne disease tech….
New Ethereum meme coin Moodeng has experienced a notable 480% surge in the last 24 hours, following a nod of approval from Vitalik Buterin. The MOODENG token, inspired by the Thai baby hippo Moo Deng, was created in September and has already boomed over 4000% since its launch. Buterin, a co-founder of Ethereum, recently took…
The Ethereum community is evaluating Ethereum Improvement Proposal (EIP) 7781, which aims to increase network throughput by reducing slot time. On Oct. 5, Ben Adams, co-founder of Illyriad Games, introduced a proposal to lower Ethereum’s slot time from 12 seconds to 8 seconds, which would boost transaction throughput by about 33%. This change would distribute…
Ethereum co-founder Vitalik Buterin is on the news again, now for a notable movement in his cryptocurrency portfolio, despite a week of volatility in Ethereum price. Buterin has been strengthening his ETH holdings by exchanging various tokens he received for free for Ethereum (ETH), in a series of transactions as market prices continue to swing up…
Ethereum co-founder Vitalik Buterin has demonstrated his continued support for Tornado Cash developer Roman Storm by donating an additional 100 ETH, valued at approximately $240,000, to Storm’s legal defense fund. This marks the third contribution from Buterin, bringing the total amount raised for the fund to over 327 ETH. The fund was established to assist…
Vitalik Buterin sold meme coins received via airdrops, converting them into 140.6 ETH and donating a portion to charity. Buterin’s donation supports the legal defense of Tornado Cash developers Alexey Pertsev and Roman Storm. Ethereum co-founder Vitalik Buterin has once again caught the attention of the crypto world by selling a large amount of meme…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Ethereum co-founder Vitalik Buterin has once again shown his support for Tornado Cash developer Roman Storm, donating 100 Ether, around valued at $240,000, to Storm’s legal defense fund. This marks Buterin’s third donation to the fund, which is aimed at helping Storm fight the charges brought against him by…
October 6, 2024 at 10:37 AM GST 2 mins read News Tornado Cash developer Roman Storm thanked Vitalik Buterin for his $240,000 donation to his legal defense fund. Vitalik Buterin’s third donation supports Roman Storm as he faces serious charges linked to Tornado Cash. The legal fund for Roman Storm has raised over $785,000 as…
October 6, 2024 at 04:55 AM GST updated: October 6, 2024 at 02:58 AM 2 mins read News Vitalik Buterin donates 100 ETH to Roman Storm’s defense, raising total fund to 327 ETH. Tornado Cash activity spikes, hitting $1.9B in deposits despite OFAC sanctions. JusticeDAO raises over 654 ETH, valued at $1.5M, to support Tornado…